Krealo has invested in Colombian fintech company Welli, further expanding its presence in Latin America’s growing digital finance sector.
Target Information
Krealo has made a strategic investment in the Colombian fintech company Welli, marking its fifth investment in Colombia and the fifteenth in the Latin American region. This move underscores Krealo's commitment to strengthening its portfolio in emerging markets and enhancing its presence in the digital finance space.
Welli is poised to capitalize on the growing demand for innovative fintech solutions in Colombia. As a provider of streamlined financial services, Welli is dedicated to simplifying payments and enhancing financial accessibility for consumers and businesses alike.
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Industry Overview in Colombia
The fintech sector in Colombia has experienced rapid growth in recent years, driven by increased internet penetration, mobile device usage, and a growing midd
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Disclosed details
Transaction Size: $20M