Search Results for "colombia"

Colombian B2B Fintech Simetrik Raises $55 Million Series B Led by Goldman Sachs

Simetrik, a B2B financial solutions platform founded in 2019 in Colombia, announces a $55-million Series B funding round led by Growth Equity at Goldman Sachs Asset Management. Other investors joining this round include FinTech Collective, which led the Series A,

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Nuvei Launches Direct Local Acquiring in Colombia

Nuvei Corporation, the Canadian fintech company, announces that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America  and strengthening its overall footprint in the region. Nuvei is the first global payments company to

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Brazil’s Nubank Starts in Colombia

Nu Colombia, a subsidiary of Nubank in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only marks a significant milestone for Nu Colombia but

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Fintech Dominates Colombia Startup Ecosystem

Fintech has emerged into the dominant segment in the Colombian startup ecosystem, making up more than 15% of all startups in the country, a new report by StartupBlink, KPMG Colombia and other industry stakeholders, show. The Colombia Tech Report 2022-2023,

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6 Fast-Growing Fintech Startups in Colombia to Follow in 2023

Alongside Brazil and Mexico, Colombia is among the top three Latin American countries when it comes to fintech innovation. The country was home to 279 fintech companies in 2021, behind only Brazil (771) and Mexico (512). The figure makes Colombia

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Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM

Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better known as Ding. Based in Bogota, Ding allows merchants to make electronic deposits like they would with a savings account,

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Colombian Proptech Habi Attains Unicorn Status With US$200 Million Series C

Habi, a Colombian data-driven residential real estate platform, announced that it has raised US$200 million in equity in its Series C funding round, The company said that it is the first proptech unicorn with a female founder and CEO in

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Colombia Fintech: Underdeveloped Wealthtech, Banking Tech Sectors Are an Opportunity

In Colombia, underdeveloped fintech segments including investment management/wealthtech and banking infrastructure represent a market opportunity for Swiss fintech companies, which have over the years build up expertise and competencies in both areas, a new report by Swiss governmental agency Switzerland

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Momentum Continues in Colombia’s Fintech Ecosystem

Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging from online lending and digital payments, to business finance and wealthtech. This makes Colombia the third largest fintech hub in

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EPAM Acquires Colombian Software Firm S4N for Its Latin America Expansion

EPAM Systems, a US-based provider of digital platform engineering and development services, has acquired S4N, a Columbian software development services firm specialising in the design and development of modern software products and enterprise platforms. The move is a part of

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