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Puntored provides financial transaction services including payment, withdrawal, deposit, and virtual services to low and middle income population through more than 72,000 outlets in Latam. Puntored is the 2nd largest aggregator in Colombia offering a wide array of products through a nationwide network strategically located in base of the pyramid neighborhoods to reach the unbanked population in need of financial services. Puntored’s future is based on the migration from cash to electronic payments and rollout of products to participate across the shopkeeper’s full cash flow cycle.
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Colombian fintech, Puntored, invests US$6 million into payment infrastructure
Contxto – Colombian fintech, Puntored, will be investing just shy of US$6 million (COP$20 billion) into strengthening its network of 75,000 payment points. The idea is to make life easier for millions of people who want to electronically deposit, pay, or retrieve their money. Puntored attributed the investment to the impact investors at Adobe Capital. […]
15 fintechs gaining traction in Bogota
Contxto – We have previously covered Chile’s fintech ecosystem but today we’re switching gears to specifically showcase fintech ventures from Bogota, Colombia. With Colombia Fintech supporting the sector, the following 15 fintechs are providing alternative financial products not only across the country but the region. With this, these companies are providing much-needed stability to members […]