Gluwa x YoFio

Gluwa is teaming up with YoFio to help grow the RWA Ecosystem.

Gluwa x YoFio

Gluwa is teaming up with YoFio to help grow the RWA Ecosystem.

Gluwa is committed to building a better future for finance based on the principles of democratization, transparency and impact — the cornerstones of the RWA Ecosystem. But, we can’t do it alone.

That’s why we’re excited to announce our latest partnership with YoFio, a fintech credit provider offering local corner stores across Mexico access to vital lines credit.

In a cash-driven economy, assessing the creditworthiness of these corner stores has traditionally been both difficult and expensive, involving costly local agents and incomplete financial records, among other issues. YoFio streamlines this underwriting process through its innovative machine vision model which analyzes a simple video of the store and its inventory to estimate its true sales and risk of closure.

This unique data-driven underwriting model allows YoFio to assess risk quickly and accurately, disbursing loans with minimal overheads. Not only is this a powerful way to assess risk, but the efficiency of YoFio’s digital-first underwriting solution allows it to reach corner stores all over the country with ease. Indeed, YoFio is already providing credit to over 2,000 stores across Mexico — a figure that’s increasing 25% month-on-month — with an impressive default rate below 6%.

Short-term emergencies and other cash flow problems can prove fatal for local mom and pop stores. If inventory drops, even for a short time, customers will simply move on to other vendors. By giving local corner stores access to quick and easy financing, with the option to take a traditional loan, or receive 14 days interest free credit at its nationwide network of inventory wholesalers, YoFio is driving financial inclusion, helping corner stores invest in their local businesses, and most importantly, helping everyday entrepreneurs respond to financial emergencies.

Tae Oh, Gluwa CEO:

“YoFio’s data-driven and nimble approach to underwriting enables them to reach an entirely new market at scale, delivering financial inclusion and credit directly to stores across Latin America. We’re excited to be working with YoFio as we expand across emerging markets and help deliver credit where it’s needed most.”

This latest partnership is part of our long-term vision to deliver on the promises of RWA. You can be a part of that mission too, simply download the Gluwa App to start your Gluwa Invest journey today!

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We look forward to a long and fruitful partnership,



About Gluwa

Gluwa is an RWA platform, connecting capital from developed markets to emerging market lending opportunities using blockchain technology. By providing the decentralized infrastructure rails to raise and disburse capital anywhere in the world, investors can use the Gluwa Invest platform to partake in debt-financing deals with emerging market fintech lenders, earning up to 15% APY.