Colombian fintech Finaktiva has raised US$25m to strenghten their financial services to local SMEs. Bancolombia and other local banks participated with US$20m and US$5m came from responsABILITY, a Swiss impact investment fund.
Finaktiva is a leading financial services platform in Colombia. The fintech offers credit solutions including for early-stage startups, factoring, and debt funds for scaling companies.
Pablo Santos, CEO of Finaktiva, explained that the funding will be used to support more than 1,200 Colombian SMEs and that the company is following Sustainable Development Goals (SDGs), promoting social, economic and environmental impact.