economy and politics

Finsocial multiplies figures in its 10 years

This is the number of 'fintech' that currently exist in Colombia

Finsocial, one of the largest fintech companies in Colombia, completed 10 years of operations with an increase in its growth and financial inclusion indicators, through the origination, manufacture, administration and purchase of portfolios, through free investment and consumer loans, aimed at teachers in the public sector, pensioners, independent professionals and women entrepreneurs.

(Coophumana will be the first 100% fintech cooperative in Colombia).

During this period he has had growth in the number of clients of 9,340%, going from 383 to 36,200in the origination of loans with 6,019%, going from $4,714 million to $288,515 million.

For its part, in the payroll market, that is, the delegated offices for the processing and directing of payments of customer fees, through the deduction of their payroll, it has grown 2,025%, going from 4 to 85.

Throughout this decade, the company has promoted the possibility of reaching more people, focusing its efforts on providing second chances to those who have been reported to credit bureaus or to customers without credit profiles who live in rural and remote areas.

Finsocial has influencer programs, such as the Finsocial Routean activity of great commercial force in which, aboard a mobile unit, the country is traveled to provide information about its different credit linessuch as: FinsoCrédito, FinsoFácil, FinsoMás and FinsoCar, of payroll, financing, purchase of portfolio and credit for vehicles, among others.

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