![]() Ĭommunity Investment Management ("CIM") is a global institutional impact investment firm that provides strategic debt capital to demonstrate and scale responsible innovation in lending to underserved communities in the United States and emerging markets. Camino Financial is headquartered in Los Angeles, California with supporting offices in Mexico City, Mexico and Bogota, Colombia. The company builds proprietary credit assessment and data aggregation AI to identify, price and provide affordable loans tailored to credit-invisible, cash-heavy businesses. I'm personally very excited to watch them grow" continued Haar.Ĭamino Financial is an AI-powered community lending platform that offers affordable credit and wealth building solutions to overlooked entrepreneurs. ![]() "Our goal is to scale financial services to this underserved segment of the market and we're very proud to serve as financing partners of Camino Financial. "Community Investment Management is focused on providing strategic debt capital to responsible fintechs," said Jacob Haar, Co-Founder and Managing Partner of CIM. micro-businesses and will create a scalable impact within these underserved segments. CIM's credit facility will be invested in providing innovative debt financing for these qualified U.S. Micro-businesses continue to struggle to gain access to capital, despite accounting for 44% of economic activity in the United States and creating two-thirds of net new jobs. "Through this strategic partnership, we will aim to innovate and scale many wealth building credit products tailored to overlooked entrepreneurs across America." "We are excited to make big strides towards our goal of $1 billion in lifetime loans with this debt investment from CIM," said Sean Salas, Chief Executive Officer of Camino Financial. Camino Financial is headquartered in Los Angeles, California with supporting offices in Mexico City, Mexico and Bogota, Colombia.We are excited to make big strides towards our goal of $1 billion in lifetime loans with this debt investment from CIM. in Applied Mathematics and Economics with an emphasis on Game Theory and Behavioral Finance.Ĭamino Financial is an AI-powered community lending platform that offers affordable credit and wealth building solutions to overlooked entrepreneurs. He also Co-Founded PlutoCard -an AI-based underwriting that utilizes Plaid and Finicity to deliver instant and efficient credit data. Prior to joining Camino Financial, Richard held several senior positions at some of the industry's largest financial institutions including Strategic Financial Solutions and JPMorgan Chase. Richard brings over 10 years of experience in driving successful revenue and maintaining profitability with prudent financial controls. "I know his capabilities well, since we've worked together before. "I am very excited to have Richard join our team," said Praveen Varma, Chief Risk Officer at Camino Financial. with an emphasis in Architecture of Engineering Systems from the Indian Institute of Technology Bombay, Powai, Mumbai, India. Prior to joining Camino Financial, Shaja moved up the corporate ladder at Envestnet Yodlee, most recently serving as the company's Senior Director of Data Science. Shaja is a renowned data science thought leader who brings over 15 years of knowledge and experience building highly scalable, machine learning systems that process terabytes of data with impressive statistically significant prediction capabilities. "Shaja is an outstanding hire and the perfect individual to drive our Data Science division." "We're aggressively building out our Engineering, Product and Science teams," said Sean Salas, Chief Executive Officer and Co-founder of Camino Financial.
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