Avista

Colombiafintech

Avista is a Colombian fintech company that provides credit and insurance solutions tailored to the payroll and pension markets. It addresses the need for accessible financial products for pensioners and employees by offering loans and insurance linked to their income streams. The company has secured significant funding, including a $10 million private credit deal from global asset manager Ninety One and a $12 million credit facility from Bancolombia, to expand credit access to Colombian pensioners. Avista operates primarily in Colombia, focusing on underserved segments within the formal employment and pension systems.