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Avanzo fintech

Colombiafintech

Avanzo is a Colombian fintech that provides digital payroll-backed loans to employees. It offers a revolving credit line of up to 2 million Colombian pesos, repayable in up to 6 installments via payroll deduction. The process is fully digital with disbursements within 24 hours. Avanzo also partners with businesses to offer this financial wellness benefit to their employees. The company raised $1.3 million in funding led by 1414 Ventures, with participation from Inducam and an angel investor.

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1 funding rounds tracked. Amounts, dates and investors are available to premium members.
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