The Colombian fintech FinMaq secures a USD $500,000 investment and gears up for its LatAm expansion
FinMaq’s unique approach focuses on providing funding for productive assets to individuals and SMEs in Colombia. Their primary mission is to promote financial inclusion and create a substantial social impact. They stand out for their efficiency; they can pre-approve and approve loans in under ten minutes and disburse funds in two days. By the end of the year, they plan to boost their team to 45 members, and by December, they aim to extend their services beyond Colombian borders, specifically targeting Chile and Peru.