S-Mart Lending

S-Mart Lending, operating as Yave Smart Lending SPV, S.A.P.I. de C.V., SOFOM, E.N.R., is a Mexican digital mortgage lender headquartered in Mexico City. Founded in 2017 by Bernardo Silva, Daniel Braatz, and Andrés Avalos, the company pioneered fully online mortgage origination in Mexico, positioning itself to disrupt the traditional banking sector dominated by five major banks that control approximately 90 percent of the mortgage market. The company operates under the SOFOM (Sociedad Financiera de Objeto Múltiple) regulatory structure and is subject to supervision by the Comisión Nacional Bancaria y de Valores (CNBV), though it does not require authorization from the Secretaría de Hacienda y Crédito Público for its operations. Smart Lending offers residential mortgage products with competitive fixed interest rates and financing up to 80 percent of property value, with loan terms extending from 20 to 30 years. The platform differentiates itself through rapid credit approval processes, claiming to approve loans within 12 hours compared to weeks required by traditional banks. The company serves both Mexican nationals and foreign residents, including non-residents purchasing property in Mexico. Smart Lending partners with FHipo, Mexico's largest mortgage FIBRA traded on the Mexican Stock Exchange, which provides capital backing and enables competitive interest rates. Since its founding, the company has secured approximately 80 million US dollars in capital and debt financing, with investments from DILA Capital, Jaguar Ventures, and angel investors. The company rebranded its consumer-facing operations as Yave while maintaining the Smart Lending legal entity structure. Target customers include Mexican millennials seeking homeownership, self-employed individuals requiring flexible income verification, and cross-border buyers, particularly Americans purchasing vacation or retirement properties in Mexico.