About
Aplazo is a Mexican buy-now-pay-later platform launched in late 2020 by Angel Peña and Alex Wieland and backed by QED Investors. Shoppers are approved in under five minutes without a credit card and then split the purchase into fortnightly instalments. They can pay online, at partner stores, or anywhere else through a single-use virtual card. As of May 2024, more than half of its business was in-store and 40% of its users had no credit history. In November 2025 Aplazo was built into Walmart de México's Cashi payments app, with 1.5 million pre-approved credit lines.
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