inDrive, a global mobility and delivery platform operating across 47 countries, today announced that the number of loans taken out by drivers through inDrive.Money more than doubled in the first half of 2026 across Latin America, rising 118% year-on-year, as more drivers turned to the platform for fair, transparent access to cash loans.
Growth was strong across every market, with demand in Peru, Colombia and Mexico rising by 128%, 88% and 71%, respectively. Brazil, which launched inDrive.Money in August 2025, saw growth of more than 400% as the offering gained momentum in its first year of being offered in Latin America’s largest country.
Gig economy workers are often excluded from accessing formal credit, due to their variable working hours and income, as well as absence of credit histories. inDrive.Money leverages alternative data on drivers’ earning patterns to help partner financial institutions make more informed and accurate credit-scoring decisions.
inDrive.Money helps unlock formal lending for drivers, making credit accessible directly via the inDrive app. Applications are simple, clear and take just a few minutes, with the approved amount, monthly repayment and loan term shown upfront. The loan size and repayments are based on each driver's earnings, with repayments taken automatically as a share of each fare. No paperwork, branch visits or manual transfers are required.
Alexander Kurchin, General Manager at inDrive.Money, commented: “The growth of inDrive.Money across Latin America shows there is a clear and expanding demand for fairer, more transparent access to loans among gig economy drivers. Many drivers have the income to repay a loan, but are overlooked by traditional lenders because their earnings do not fit conventional credit models. By using the alternative data we have access to, we can help our financial partners better understand drivers’ real earning capacity and extend financial services to people who might otherwise be excluded. Ultimately, this is about giving drivers greater financial resilience and freedom of choice, so that an unexpected expense does not stand in their way of earning a living.”
Drivers in Latin America have been shown to return to inDrive.Money for additional loans. In Mexico, an Impact Report developed with the MX Internet Association (AIMX), and published in February 2026, found that more than 11% of active drivers have accessed a personal loan through inDrive.Money, with nearly half of those drivers going on to take out more than one loan. This repeat use highlights the important role the product is playing in helping drivers manage their finances and meet their ongoing needs.
inDrive.Money is part of inDrive’s broader mission to challenge injustice by giving people greater freedom of choice in ride-hailing and beyond. The company’s core ride-hailing offering uses a peer-to-peer pricing model that allows drivers and riders to negotiate a price they both consider fair, while inDrive’s commission rates average around 10% across its markets. Both inDrive’s core ride-hailing platform and the inDrive.Money offering give drivers greater control over how they earn and how they manage their finances. inDrive’s other interconnected services, including couriers, delivery and advertising, were launched with the same mission of enabling fairer choices and more freedom of choice.
Independent research from Oxford Economics highlights the role that freedom of choice over trips and their pricing can play in supporting drivers’ financial resilience. Published in January 2026, the study found that 66% of drivers surveyed in Latin America said fare negotiation helps them earn a fair income, while nearly 64% of drivers and riders in the region said it helps them complete more trips. These findings reinforce the importance of giving drivers more control of their personal finances, both in terms of earnings and in terms of access to credit.
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