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Colombia

WFY’24: Colombian factoring activity saw a growth of 12%...

Colombia's economic performance in 2023 diverged significantly from the initial post-pandemic optimism of 2021 and 2022, said Maria Camila MUNOZ, CEO and Founder of Exponencial Confirming, Colombia in her article included in the most recent edition of the World Factoring...

#Central Bank#Colombia#Exponential Confirming

IFC provides US$30m investment to BMM to boost financing...

Microentrepreneurs in Colombia will have improved access to finance, including women-led enterprises, with IFC providing COP 120bn (about $30 million)…

#bank#emerging markets#financial services


WFY’23: ‘Factoring will be driven by e-invoice development’

The post pandemic environment is continuing to challenge the Colombian economy, said Maria Camila MUNOZ, CEO & Founder of Exponencial Confirming in her…

#World Factoring Yearbook


Umpqua Bank 2023 publishes the results from Business Barometer

Umpqua Bank, a subsidiary of Columbia Banking System Inc., today announced the findings of its 6th annual... (more…)

#Umpqua Bank


Columbia’s fintech industry boosted by Floid

One of Latin America’s leading fintech companies, Floid, has launched an open finance product for the factoring industry in Columbia.…

#electronic factoring


JPMorgan and IFC lead US$27m investment in Colombian fintech

KLYM, a Colombian fintech that focuses on providing working capital to SMEs has announced it raised US$27m in a funding…

#JPMorgan#working capital finance


Colombian factoring provider raises US$25m to support further local...

Colombian fintech Finaktiva has raised US$25m to strenghten their financial services to local SMEs. Bancolombia and other local banks participated…

#Finaktiva


Colombian fintech Finkativa launches new confirming solution

Columbian fintech Finaktiva launched a new line of confirming. The solution allows companies to obtain working capital, improve their accounts…

#accounts payable#confirming#liquidity


Fintech Axces to start offering factoring in Colombia 

A new financial company will start operating factoring in Colombia... (more…)

#artificial intelligence#digital#electronic invoicing


Finaktiva buys factoring and confirming fintech

Finaktiva, a specialised Colombian fintech, announced the purchase of ... (more…)

#Finaktiva


‘Factoring in Colombia will be driven by the development...

COVID-19 shaped 2020 and provided a challenging environment for all industries... (more…)

#alternative financing#bank#guarantees


Exponential Confirming offers digital factoring to Colombian firms

María Camila Muñoz, CEO of the Exponential Confirming... (more…)

#Exponential Confirming

Carvajal expands commercial alliances to develop e-factoring

Carvajal Tecnología y Servicios, a Colombian firm focused on... (more…)

#e-factoring

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