Brazil based Nubank, Latin America’s largest fintech aims to consolidate its growth in Colombia, where it has already issued 400,000 cards, with financing from the International Finance Corporation (IFC). Since 2020, is the third country in LatAm where this fintech operates, which previously opened in Mexico (2019) and Brazil (2013), with more than 70 million customers. Greater financial inclusion is a must for economic growth, and digital banking will play a key role in meeting the needs of underbanked and unbanked retail customers in Colombia.

Kenyan startup Zemo is a financial management solution for growing businesses that enables them to eliminate wasteful spending, tedious expense reports and employee out-of-pocket spend, as well as providing access to working capital loans.