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FinTech Company Seeking Loan in Bogotá, Colombia

Leading Colombian fintech company prioritizing social impact and growth in the financial services sector.
This transaction has concluded.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 19 million
Run Rate Sales USD 12 million
EBITDA Margin 22 %
Industries FinTech
Locations  Bogota
Local Time 7:20 PM America / Jamaica
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 million for 20.0% annual interest, 3 years (Native Currency: USD 10,000,000)
Reason: Need funds to boost the company's growth.
Collateral Available: USD 11 million
Includes physical assets worth USD 11 million
Interested to connect with advisors
Documents
Brochure
Logo Of Company
Company Profile
Business Overview
**Highlights**
1. **Number of clients: ** Over the years, the company has successfully served a vast and growing customer base, with a significant number of satisfied clients across Colombia and beyond.
2. **Impressive growth rate: ** Company has achieved an outstanding loan growth rate of 170% in recent years, reflecting the strong demand for its personalized loan products and services.
3. **Experienced promoters: ** The company is backed by a team of seasoned entrepreneurs and financial experts with a proven track record in the fintech industry. Their experience and expertise contribute to the company's success and innovative approach.
4. **Strong business relationships: ** The company has forged strategic partnerships with key players in the financial sector, including banks, microfinance institutions, and other fintech companies, enhancing its reach and capabilities.
5. **Social impact initiatives: ** As a socially responsible fintech company, it takes pride in its commitment to gender inclusion. It is the first fintech in Colombia to design financial products specifically for women, promoting financial empowerment and inclusion.
6. **Industry recognition: ** The company has received accolades and awards for its innovative solutions and social impact initiatives. These recognitions validate their commitment to excellence and their contributions to the fintech ecosystem.
7. **Customer-centric approach: ** The company prioritizes customer satisfaction and provides a seamless and user-friendly digital platform for loan applications, ensuring a hassle-free experience for borrowers.
8. **Data-driven decision-making: ** The company leverages cutting-edge data analytics to assess creditworthiness and make informed lending decisions, resulting in optimized risk management and competitive loan offerings.
9. **Market opportunity: ** With a focus on the unbanked and underserved population in Colombia, this company is well-positioned to tap into the substantial market opportunity, estimated at USD 18 billion.
These highlights showcase the remarkable progress and potential of this company as a leading Colombian fintech company, offering a unique blend of financial growth and social impact initiatives.
Products & Services Overview
Personal loans: Providing individuals with access to personal loans for various purposes, including but not limited to:
- Emergency expenses.
- Debt consolidation.
- Home renovations.
- Education fees.
- Travel expenses.
- Wedding costs.
- Medical bills.
- Unexpected financial needs.
This company specializes in offering flexible and convenient personal loan options, tailored to meet the unique financial requirements of their customers.
Assets Overview
The portfolio of the company is collateralized in a trust structure.
Facilities Overview
The company's offices are located in Bogotá, Colombia.
Capitalization Overview
Funded through local and international lenders, local banks, and private equity funds.
Further details will not be shared until an NDA is signed with the lender.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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