Tribal

Tribal is a B2B payments and financing platform designed for small and medium-sized businesses in emerging markets, with Mexico serving as its largest market. Founded in 2016 and headquartered in San Francisco, the company provides corporate credit cards, working capital financing, and payment solutions specifically tailored to high-growth SMEs and startups. Tribal offers multi-currency physical and virtual Visa business cards with up to 60-day financing terms, along with Tribal Pay for settling non-card purchases with suppliers domestically and internationally via SPEI and SWIFT transfers. The platform features an AI-driven underwriting process that evaluates businesses for credit approval without requiring traditional guarantees, enabling faster onboarding for companies lacking established credit histories. Tribal's spend management dashboard provides real-time visibility into expenses, unlimited card issuance for employees, and granular controls over business spending. The company raised over $110 million in equity funding, including a $60 million Series B led by SoftBank Latin America in 2022, and secured $150 million in debt facilities to support its lending operations. Tribal expanded beyond Mexico to operate in Colombia, Chile, Peru, Brazil, and Middle Eastern markets including Saudi Arabia and UAE. The company partnered with Visa through its Fintech Fast Track Program and integrated Stellar blockchain technology for cross-border payment solutions. In December 2024, Mexican neobank Klar acquired Tribal's assets, including its payment and financing solutions, business intelligence tools, and risk models. As part of the acquisition, Tribal wound down its international operations to focus solely on serving over 3,000 SMB clients in Mexico through Klar's infrastructure, having processed over $1 billion in total transactions.