Galgo
Galgo is a Chilean fintech founded in 2018 that provides digital installment financing for motorcycles and automobiles to underbanked consumers across Chile, Peru, Colombia, and Mexico, generating revenue through interest spreads and origination fees on a long-tail loan book.
- Company typePrivate
- Founded2018
- HeadquartersSantiago, Chile
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Galgo does
Galgo is a Chilean fintech founded in 2018 (legal entity Liquitech SpA) that provides digital consumer credit for motorcycles and automobiles to underbanked (sub-bancarizado) populations across Chile, Peru, Colombia, and Mexico. Its core product is Crédito para Motos, an installment financing product priced between 12 and 36 monthly payments, available through country-specific websites and supplemented by a marketplace listing over 400 motorcycle models across brands including Yamaha, Honda, KTM, Suzuki, Bajaj, and Italika. Supporting modules include Auto Financing, a digital signature flow powered by GoFirmex (covering more than 90% of operations remotely), and PAC (Pago Automático de Cuentas) automatic bank payments via FINTOC, which compress mandate onboarding from ~60 days to 1-3 business days.
Galgo firmographics
Firmographics- Name
- Galgo
- Legal name
- Liquitech SpA
- Website
- https://galgo.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Galgo is a Chilean fintech founded in 2018 that provides digital installment financing for motorcycles and automobiles to underbanked consumers across Chile, Peru, Colombia, and Mexico, generating revenue through interest spreads and origination fees on a long-tail loan book.
- Ownership category
- akta.pro rank
Galgo industry classification
Industry- Product category
- Consumer Vehicle Financing
- NAICS
- Sales Financing (52222)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- BNPL for High-Ticket / Longer-Term Installments (FSAKACAN)
- akta.pro secondary industry
- Auto / Vehicle Marketplace Lending (FSAKAHAF)
Keywords
Where Galgo is headquartered
LocationHeadquarters
- HQ city
- Santiago
- HQ country
- Chile
- HQ region
- Latin America
Offices4 records
Markets served
Galgo business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Motorcycle Financing (Crédito para Motos): Galgo provides installment-based financing for motorcycle purchases. Customers select a motorcycle model, apply for credit online, and repay in monthly installments (12-36 months). Revenue is generated through interest charges and origination fees embedded in the credit product. This is the primary revenue stream and core business activity.
- Auto Financing (Crédito para Autos): Similar installment financing model applied to automobiles. Customers can finance both new and used vehicles through the platform. Revenue generated from interest spreads on auto loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Motorcycle Credit Mexico - Income threshold $5,000 MXN monthly |
| Transaction based/ take rate | Monthly | Motorcycle Credit Chile - Minimum income $400,000 CLP |
| Transaction based/ take rate | Monthly | Auto Credit Chile - Minimum income $600,000 CLP |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Galgo product offering
Product offeringCore offering
Galgo provides installment-based motorcycle and auto financing to underbanked consumers in Latin America through a fully digital platform. Customers simulate credit, apply, receive pre-approval in minutes, and sign loan contracts remotely via digital signature. The platform supports 12-36 month installment plans for 400+ motorcycle models and both new and used automobiles across Chile, Peru, Colombia, and Mexico. Revenue is earned from interest charges and origination fees on the loans originated.
Product overview
Galgo operates as a digital motorcycle and auto financing platform serving sub-bancarized (underbanked) populations across Latin America. The core offering is the Crédito para Motos — an online motorcycle financing product — complemented by an online Motorcycle Marketplace cataloguing over 400 models from brands such as Yamaha, Honda, Italika, Bajaj, KTM, and others. Supporting the core credit product are several modules: Auto Financing for four-wheel vehicles; the PAC (Pago Automático de Cuentas) automatic payment system powered by FINTOC bank connectivity; a Digital Signature solution integrated via GoFirmex for fully remote loan execution; and the Club del Referidor referral program in Chile. Galgo operates across four markets (Chile, Peru, Colombia, Mexico), each with localized country pages and local business entity names (Liquitech SpA in Chile, Migrante SAC in Peru). The company positions itself as an inclusive fintech serving informal workers, delivery riders, and migrants, offering plans of 12 to 36 monthly payments with online credit evaluation and delivery times of under one week.
Differentiator
Problem solved
Functional benefit
Products and services
- Crédito para Motos (Motorcycle Financing) Installment financing product enabling individual consumers to purchase motorcycles on plans of 12 to 36 monthly payments, applied for and approved fully online across Chile, Peru, Colombia, and Mexico. Targeted at underbanked borrowers who lack traditional credit history.
- Auto Financing (Crédito para Autos)
Quantifiable outcome
- 10,000+ motorcyclists financed in Mexico
- +4 more outcomes
Companies that use Galgo
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
Galgo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Galgo partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- FINTOCcoreFINTOC is a financial technology company providing API integration for automatic payment processing (PAC - Pago Automático de Cuentas). Galgo uses FINTOC's API to enable customers to subscribe to automatic loan payments directly from their bank accounts, reducing collection time to 1-3 business days and minimizing delinquency.
- GoFirmexcoreGoFirmex is a digital signature API provider that enables Galgo's end-to-end digital contract signing process. The partnership allows customers to sign all credit documents remotely using Chile's Clave Única identity system, eliminating the need for physical office visits. Seven documents are processed through the GoFirmex API per Galgo operation.
- Academia Motos ChileminorPartnership with Academia Motos Chile providing benefits to motorcyclists. The alliance offers educational and practical benefits to motorcycle customers financed through Galgo in Chile.
- EndeavorminorGalgo is a member of the Endeavor entrepreneurial community, a global network supporting high-impact entrepreneurs. This membership signals Galgo's recognition as a scale-up fintech in Latin America.
- CibernexminorCibernex is a Chilean cybersecurity expert company that partnered with Galgo to create educational content about protecting personal and financial data when applying for online credit. The partnership produced an article on avoiding credit scams on the internet.
- Rappi (Casa Rappi Surco)minorGalgo operates a physical point-of-sale (Credilunes) at Casa Rappi Surco in Lima, Peru. This partnership combines Rappi's retail footprint with Galgo's motorcycle financing capabilities, allowing customers to access credit at Rappi's physical location.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Galgo competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Galgo social profiles
Digital presenceGalgo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Galgo leadership team
Management profileNumber of profiles
Profiles6 records
Galgo funding detail
Funding detailFunding overview
Funding rounds9 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Galgo M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Galgo
What does Galgo do?
Galgo provides installment-based motorcycle and auto financing to underbanked consumers in Latin America through a fully digital platform. Customers simulate credit, apply, receive pre-approval in minutes, and sign loan contracts remotely via digital signature. The platform supports 12-36 month installment plans for 400+ motorcycle models and both new and used automobiles across Chile, Peru, Colombia, and Mexico. Revenue is earned from interest charges and origination fees on the loans originated.
Is Galgo a public or private company?
Galgo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Galgo founded?
Galgo was founded in 2018. It employs 251 to 500 people.
Where is Galgo based?
Galgo is headquartered in Santiago, Chile, in the Latin America region.
How does Galgo make money?
Two revenue lines are on record. Motorcycle Financing (Crédito para Motos) is the primary driver. The others are auto Financing (Crédito para Autos).
Does Galgo have an API?
No public API is recorded for Galgo.
What industry is Galgo in?
Galgo's product category is Consumer Vehicle Financing. Its primary akta.pro industry code is FSAKACAN, BNPL for High-Ticket / Longer-Term Installments, with a secondary code of FSAKAHAF, Auto / Vehicle Marketplace Lending. Its NAICS code is 52222 and its SIC code is 6141.