IDB Invest

Xante is a PropTech (property technology) company in Mexico specializing in the purchase and sale of used homes, particularly targeting the low- and middle-income segments. It was initially focused on reselling homes developed by its parent company, Vinte. Xante’s reach expanded significantly after acquiring Javer, another major housing developer, allowing it to operate in nine Mexican states and become a leading player in the sector.

Netwey is a telecommunications company based in Mexico City that provides a range of internet services to its customers. The company specializes in mobile internet, home internet, telephony, prepaid internet, and online recharge services. By focusing on affordability, Netwey aims to bridge the digital divide and enhance connectivity for low-income families, ensuring they have access to essential communication and online resources. Through its offerings, Netwey plays a significant role in improving digital access in the region.

Promedon is a company specializing in the research, development, production, and distribution of innovative medical technology. With over 30 years of experience in the market, Promedon focuses on Urological, Urogynecological, Endourological, and Coloproctological products to improve patients' quality of life. Through their dedication to advancing medicine, Promedon has made significant contributions to the field and continues to prioritize the well-being of patients through their cutting-edge products.

BAC Credomatic is a retail banking organization with a strong presence in South America and Central America, operating in countries such as Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, the Bahamas, the United States, and Grand Cayman. The company is committed to continuous improvement and is driven by a passion for excellence, innovation, and creativity. BAC Credomatic provides a diverse array of financial products and services, catering to the varied needs of its customers across its extensive geographic footprint.

A conglomerate made up of pharmaceutical and consumer companies, Grupo DIFARE is an international conglomerate. The company engages in promoting the pharmaceutical and consumer sector through pharmaceutical distribution, development of pharmacies, and representations of products with presence in the 4 regions of Ecuador. The company aims at improving the quality of health and well-being of people by contributing to the pharmaceutical and consumer sectors.

Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.

Banco De Machala is a financial institution that offers banking and financial services with a focus on quality and personalized attention.

Atlas Renewable Energy is an operating renewable energy company based in Miami, Florida, that specializes in the development, construction, and operation of solar and wind projects. Founded in 2004, the company leverages its expertise in the power sector to offer a comprehensive range of services including project development, energy commercialization, capital structuring, and asset management. Atlas Renewable Energy focuses on both partnering in new projects and expanding its proprietary pipeline, ensuring a growth-oriented strategy in the renewable energy market.

Banco Finandina S.A. is a Colombian financial institution established in 1977 and headquartered in Chía, Colombia. The bank specializes in offering a range of financial solutions, including savings and investment accounts, credit cards, and various insurance products such as life and financial protection insurance. Additionally, Banco Finandina provides financing options for both new and used motor vehicles through credit and leasing arrangements, as well as financing for agricultural machinery. As a subsidiary of Seissa S.A., the bank also positions itself as a digital financial service provider, catering to the needs of its clients with innovative credit facilities, loans, and savings solutions.

QMC Telecom International is a telecommunications infrastructure provider that specializes in developing, owning, and managing wireless sites for carriers in Puerto Rico. Established in 2011 and headquartered in São Paulo, Brazil, with an additional office in San Juan, the company focuses on delivering comprehensive site development services tailored for telecommunications operators. QMC Telecom offers a range of services, including the leasing of towers and rooftop sites, aimed at facilitating reliable and timely installations of wireless connectivity. Through its infrastructure solutions, the company supports the growing demand for cellular telecommunication services in the region.

Kingo Energy, founded in 2013 and based in Guatemala City, specializes in manufacturing solar energy systems aimed at providing affordable clean energy to underserved communities. As a technology startup formed in 2022, it focuses on delivering energy and connectivity solutions to off-the-grid areas in Guatemala and Colombia, where over a billion people lack access to modern energy services. Kingo serves approximately 700 communities, impacting around 250,000 individuals, predominantly subsistence-level farmers. The company designs and operates reliable energy systems that facilitate access to essential services such as education and healthcare, enabling economic opportunities in remote areas. By utilizing internet-of-things (IoT) technology, Kingo helps consumer goods and financial services expand into these regions, enhancing productivity and income potential for local residents through the installation, distribution, and maintenance of renewable energy solutions.

Tembici is a prominent micro-mobility company in Latin America, specializing in first and last mile transportation solutions for daily commuters. The company offers shared electric bike rental services designed to integrate bicycles into the urban transport network. By providing accessible parking facilities and rental options, Tembici enables both public and private entities, including residential and corporate clients, to navigate urban environments efficiently while minimizing space usage.

AES Dominicana, established in the Dominican Republic, operates a power plant that generates and distributes electricity to its customers. This is achieved through a mix of energy sources including fossil fuels, solar, and wind power. Additionally, the company facilitates the transportation of liquefied natural gas via its natural gas terminals.

Aguas do Rio is responsible for sanitation services in 27 municipalities in the state of Rio de Janeiro.

Wonder Brands is a Latin American startup that focuses on partnering with successful digital brands to enhance their growth potential. The company specializes in establishing strategic alliances with these brands, offering significant investments to boost working capital, marketing efforts, and equipment. In addition to financial support, Wonder Brands adds value through expertise in technology, digital marketing, supply chain management, administration, and finance. By leveraging data science and analytics, the company helps its partners respond effectively to consumer needs and diversify their product offerings and target audiences.

Dr.Consulta is a Brazilian healthcare company that operates a network of clinics designed to provide quality medical care at affordable prices. Initially established as a full-service primary care provider, the company has since evolved into a Health Maintenance Organization (HMO) targeting uninsured individuals. Dr.Consulta offers a variety of outpatient services, including scheduled appointments, consultations, and examinations for general medical issues such as gynecology and pediatrics. By facilitating access to healthcare professionals, the company aims to deliver essential medical services to a wider population, ensuring that individuals can receive the care they need without financial strain.

Habi is a technology-driven real estate company based in Bogotá, Colombia, that specializes in simplifying the homeownership process for middle-class customers throughout Latin America. Founded in 2019, Habi utilizes a proprietary pricing algorithm and advanced analytical tools to facilitate quicker and more efficient transactions for buying and selling residential properties. By reducing the time required for sales and minimizing risks associated with traditional real estate processes, Habi eliminates the need for intermediaries and empowers clients with essential information. The company's innovative platform aims to enhance the overall experience of homeownership, making it more accessible and streamlined for its users.

Molinos Agro is a publicly traded company that operates primarily in the agriculture sector, focusing on the industrialization and sale of grains, particularly soybeans and their by-products, as well as cereals. The company is structured into five main segments: commodities, animal feed, agricultural services, biodiesel, and bulk export. In the commodities segment, Molinos Agro wholesales various grains, while its animal feed division provides nutrition products for livestock. The agricultural services branch supplies essential resources including grain sacks, agrochemicals, seeds, fertilizers, and financial support for farming projects. Additionally, the biodiesel segment produces and sells biodiesel fuel, and the bulk export division is responsible for the export of flour, oils, lecithin, glycerin, and biodiesel. The majority of Molinos Agro's revenue is generated from its soybean and related products segment.

GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.

Banco de Occidente is a commercial bank headquartered in Cali, Colombia, and ranks as the fifth largest bank in the country by asset size and portfolio as of mid-2016. Established in 1951, it operates as a subsidiary of Grupo Aval Acciones y Valores. The bank provides a wide range of financial products and services, including savings and current accounts, credit and debit cards, personal loans, insurance, and foreign trade services. Additionally, it offers leasing options and equipment credit, catering to both individual and business clients. Banco de Occidente has a national presence, with a network comprising 241 branches, 336 ATMs, and 9,671 banking correspondents, ensuring accessible banking solutions for its customers.

Grupo Ruba is a real estate company specializing in the development of low-income and middle-income housing. The company's suppliers, mostly micro, small, and medium-sized construction companies, benefit from a comprehensive financing solution that includes an advance payment line for accounts payable to suppliers (reverse factoring) (MSMEs). Ruba's mission is to promote a better quality of life with comprehensive housing developments in the most important cities.

Cordada is a financing services provider focused on supporting the growth of small and micro-enterprises in Latin America. By leveraging advanced technology, the company enables fintechs and local lenders to offer scalable and efficient financing solutions to their clients. Cordada's specialized team and robust balance sheet equip it to address the diverse financial challenges faced by these businesses. The company aims to empower lenders of all sizes to deliver high-quality financing options, thereby enhancing the overall ecosystem for small and micro-enterprises in the region.

Merqueo is a Colombian company founded in 2017 that specializes in the delivery of groceries and home essentials through its own dark-store infrastructure. Headquartered in Bogotá, it offers a selection of 2,000 to 10,000 products, including fresh fruits and vegetables, frozen foods, dairy products, household items, personal care products, and pharmaceuticals. Customers can conveniently order these items via the company's website and mobile application, with a focus on providing reasonable prices and reliable home delivery services.

Banco Pan S.A. is a medium-sized financial institution based in São Paulo, Brazil, primarily engaged in providing a range of financial services. Its offerings include payroll loans, vehicle financing, consumer lending, and credit cards, as well as insurance services. The company also facilitates consortiums and securitization of real estate and agribusiness receivables. Additionally, Banco Pan provides investment products such as bank deposit certificates and real estate letters of credit. The institution distributes its services through various channels, including correspondent banks, authorized dealerships, and real estate partners. Banco Pan is jointly controlled by Banco BTG Pactual and Caixa Econômica Federal, and it was formerly known as Banco Panamericano S.A. before rebranding in August 2014.

Atento is the largest provider of customer relationship management (CRM) and business process outsourcing (BPO) services in Latin America. The company offers a comprehensive range of services, including customer care, sales, collections, back office, and technical support, catering to various sectors such as telecommunications, banking, financial services, healthcare, retail, and public administration. Atento serves its clients through multiple channels, including digital platforms like SMS, email, chat, social media, and applications, as well as traditional voice and in-person interactions. The company operates across several geographical regions, including Brazil, the Americas, and EMEA (Europe, the Middle East, and Africa).

QMC Telecom International is a telecommunications infrastructure provider that specializes in developing, owning, and managing wireless sites for carriers in Puerto Rico. Established in 2011 and headquartered in São Paulo, Brazil, with an additional office in San Juan, the company focuses on delivering comprehensive site development services tailored for telecommunications operators. QMC Telecom offers a range of services, including the leasing of towers and rooftop sites, aimed at facilitating reliable and timely installations of wireless connectivity. Through its infrastructure solutions, the company supports the growing demand for cellular telecommunication services in the region.

RecargaPay is a Brazilian super app that simplifies everyday payments for consumers and small to medium enterprises (SMEs). Established in 2010, the platform serves over 6 million users by integrating various payment methods, including credit and debit cards, instant payments like Pix, and Open Finance. RecargaPay offers a range of services such as bill payments, mobile top-ups, public transportation payments, installment plans, and loans, all designed to enhance convenience, affordability, and flexibility. By catering to both banked and unbanked individuals, RecargaPay is transforming how Brazilians manage their financial transactions. The company is recognized as a Payments Institution and SCD by the Brazilian Central Bank, reflecting its commitment to providing secure and accessible financial services.

Merqueo is a Colombian company founded in 2017 that specializes in the delivery of groceries and home essentials through its own dark-store infrastructure. Headquartered in Bogotá, it offers a selection of 2,000 to 10,000 products, including fresh fruits and vegetables, frozen foods, dairy products, household items, personal care products, and pharmaceuticals. Customers can conveniently order these items via the company's website and mobile application, with a focus on providing reasonable prices and reliable home delivery services.

Banco Sofisa is a commercial bank based in Brazil that offers a range of banking and financial services to both individuals and businesses. The institution focuses on providing tailored financial solutions, catering to the diverse needs of its clients. By leveraging its expertise in the banking sector, Banco Sofisa aims to support economic growth and development within the Brazilian market. The bank's offerings encompass various services, ensuring that it meets the financial requirements of its customers effectively.

Kubo.financiero is a regulated finance company based in Mexico that provides a range of financial services including digital savings accounts, personal loans, term deposits, lending opportunities, and a wallet application. The company employs a lean operational model that allows it to offer lower interest rates for borrowers while providing higher returns for depositors and investors. Kubo.financiero's innovative approach is designed to foster a "multiplier effect," aimed at generating and strengthening Mexico's emerging middle class through customer-centered financial solutions. By focusing on accessibility and user benefits, Kubo.financiero seeks to enhance financial freedom for its clients.

ProducePay, founded by Pablo Borquez Schwarzbeck, is an AgTech company dedicated to transforming the fresh produce supply chain. By addressing the economic and food waste caused by its volatility and fragmentation, ProducePay offers a Predictable Commerce Platform that enhances connectivity between growers and buyers. This platform provides farmers with immediate access to financing, liquidity, and real-time pricing data, fostering transparency and enabling efficient business operations. Additionally, it facilitates connections with key industry players, allowing farmers to access tailored cash flow services. Through these innovations, ProducePay is committed to delivering fresher produce to consumers while promoting sustainable practices within the global fresh produce industry.

Creditas is a financial technology company that operates a digital platform that offers secured consumer loans. It uses credit scoring systems and borrowers’ assets, such as homes and automobiles as collateral to offer loans. Sergio Furio founded BankFacil in 2012 that later became Creditas. It has its headquarters in São Paulo in Brazil.

AlphaCredit is a rapidly growing FinTech company based in Mexico City, focusing on providing accessible and affordable credit solutions to individuals and small businesses in Mexico and Colombia. As a non-banking financial institution, AlphaCredit offers a range of products including consumer credit for public and private employees, pensioners, and independent contractors, as well as financial services tailored for small and medium enterprises such as factoring, leasing, and productive credits. The company's innovative platform utilizes a programmed deduction system, which contributes to low default rates and enables competitive interest rates. With a workforce of over 1,200 employees, AlphaCredit has successfully granted more than 514,000 credits to over 310,000 clients, emphasizing its commitment to improving financial access and quality of life through technology-driven solutions.

Banco Davivienda S.A., founded in 1972 and headquartered in Bogotá, Colombia, is a prominent banking institution that provides a wide range of financial products and services to individual and corporate clients. The bank specializes in retail banking, commercial banking, housing finance, and services tailored for small and medium enterprises. Its offerings include various deposit accounts, loans for consumers and businesses, asset and wealth management services, insurance agency services, credit cards, and payroll loans. With a presence in Colombia, Panama, Costa Rica, Honduras, El Salvador, and Miami, Banco Davivienda operates approximately 725 branches and over 2,600 ATMs, serving more than 6.6 million customers. As a subsidiary of Grupo Bolívar S.A., it is recognized as the third-largest bank in Colombia by assets and profits, employing a workforce of over 15,000.

Farmalisto is an online pharmacy that serves as a bridge between healthcare providers and patients in Colombia and Mexico. Founded in 2013 and based in Bogotá and Mexico City, the company specializes in offering a wide array of products, including pharmaceuticals and health-related items such as haircare, dental products, and baby hygiene necessities. In addition to product sales, Farmalisto enhances the pharmaceutical landscape by providing logistics, marketing, and disease management services tailored for pharmaceutical companies. Its platform not only facilitates easy access to medicines, particularly for chronic and complex conditions, but also includes home assistance and patient support programs, ensuring that patients can receive necessary care from the comfort of their homes or offices.

Selina Holding Company is a rapidly growing hospitality brand that caters to the needs of modern nomadic travelers. Established in 2014 and based in London, the company combines stylish accommodations with coworking spaces, wellness facilities, and recreational offerings. Selina's locations are designed to provide a seamless blend of work, travel, and leisure, allowing guests to live, work, and explore in diverse settings, including urban, beach, jungle, and mountain environments. With a focus on design, technology, and community, Selina operates in eight countries and is committed to creating a global infrastructure that supports a lifestyle where the world serves as both classroom and playground.

GAIA operates a prominent e-commerce platform for furniture in Mexico, providing a diverse selection of high-quality products that includes sofas, chairs, drawers, dressers, bureaus, tables, desks, rugs, lamps, textiles, paintings, and various accessories. The company showcases a range of styles, from contemporary to traditional, artisan, industrial, and retro, catering to a wide array of consumer preferences. By offering well-crafted home furnishing products at affordable prices, GAIA aims to enhance the shopping experience for customers seeking to furnish their spaces.

Konfio is a financial services platform based in Mexico City, founded in 2013, that caters to small and medium-sized enterprises (SMEs) and micro entrepreneurs. The company offers a range of financial solutions including corporate credit cards, working capital loans, online payment solutions, and life insurance products. Konfio's mission is to support the growth and productivity of SMEs in Mexico by providing convenient and affordable access to credit options. The platform uses proprietary algorithms that combine data and technology to assess creditworthiness, thereby serving customers who are often underserved by traditional banking institutions.

Calidda features natural gas distribution services. The company offers installation, maintenance and other activities related to hydrocarbons.

Mainstream Renewable Power is an independent renewable energy company that focuses on the design, development, and management of onshore and offshore wind and solar energy projects. Founded in 2008 and headquartered in Sandyford, Dublin, the company has successfully delivered over 800 MW of wind and solar assets into commercial operation. Currently, Mainstream is constructing an additional 1.5 GW of renewable energy capacity across Latin America and Africa. The company specializes in acquiring and operating energy assets, utilizing a business model that emphasizes the early identification of greenfield sites in high growth markets. Through its operations, Mainstream offers sustainable energy solutions to clients in various regions, including Latin America, Africa, the Asia Pacific, and beyond.

Union De Bancos Cuscatlan is a financial institution that provides a comprehensive range of commercial banking services. The company caters to various banking needs through offerings such as offshore banking, credit and debit cards, leasing, and mortgage services. By delivering these solutions, Union De Bancos Cuscatlan aims to meet the diverse requirements of its clients, ensuring accessible and efficient banking options for individuals and businesses alike.

Banco Promerica de Costa Rica, S.A. is a prominent financial institution based in Escazú, Costa Rica, providing a comprehensive range of banking and financial services to both individuals and businesses. The bank offers various account types, including savings and current accounts, as well as mortgage and personal loans. It also provides a suite of card services such as debit, credit, and gift cards. In addition, Banco Promerica offers insurance products covering health, life, and personal accidents, along with foreign trade services like letters of credit and currency exchange. The bank enhances its service offerings with online and mobile banking, e-factoring, and digital signature services, aimed at facilitating convenient financial management. As a subsidiary of Promerica Financial Corporation, Banco Promerica de Costa Rica is committed to fostering long-term relationships with its clients and contributing to the country's development.

Banco Daycoval S.A. is a financial institution based in São Paulo, Brazil, established in 1968. The bank offers a wide range of banking products and services that cater to both corporate and individual clients. Its offerings include check cashing, working capital lines, corporate and personal loans, vehicle financing, and credit cards. Additionally, Banco Daycoval specializes in agribusiness credit, long-term financing for machinery and investment projects, and various forms of guaranteed credit. The bank also provides foreign exchange services, including prepaid currency cards, and transactional accounts for international trade. With a network of 36 branch banks focused on business credit, along with numerous consumer credit locations and currency exchange outlets, Banco Daycoval is well-positioned in the Brazilian financial market. The company also engages in asset management, investment funds, and offers life insurance and pension plans, making it a comprehensive provider of financial solutions.

LD Celulose is a prominent manufacturer of dissolving wood pulp, formed as a joint venture between Lenzing and Dexco. Situated in the Triângulo Mineiro region of Brazil, the facility is among the largest globally, with an annual production capacity of up to 500,000 tons. The company utilizes 70,000 hectares of eucalyptus plantations to supply its operations, and it also generates 144 MW of clean energy through cogeneration. LD Celulose's distinct pulp fibers are primarily used in the textile industry to produce advanced, eco-friendly fabrics and hygiene products. Furthermore, the company contributes to sustainability by supplying 40 percent of the excess bioelectricity generated on-site to the public grid.

Ejido Verde is a sustainable pine resin company focused on supplying the chemicals industry while promoting environmental stewardship. Positioned to become a significant player in the global pine chemicals market, valued at $10 billion USD, it leverages a heritage trade relationship between Mexican industry and forest communities. The company employs an adaptive reforestation model aimed at restoring degraded lands, which enhances long-term yields of pine resin. By prioritizing sustainability and community engagement, Ejido Verde not only meets the demands of the chemicals market but also fosters innovation and well-being within the communities it operates.

The eco.business Fund is an investment company based in Bertrange, Luxembourg, established in 2014. It focuses on promoting business and consumption practices that enhance biodiversity conservation and encourage the sustainable use of natural resources. The company aims to support investments that yield both financial returns and positive environmental impacts, specifically targeting activities that contribute to climate change mitigation and adaptation. By financing initiatives aligned with these objectives, the eco.business Fund seeks to foster sustainable development while addressing critical environmental challenges.

MONi is a financial technology company based in Buenos Aires, Argentina, specializing in a microloans platform that allows users to obtain cash advances online. Founded in September 2013 by Alejandro Estrada and Juan Pablo Bruzzo, MONi's innovative platform streamlines the loan application process, enabling consumers to access funds quickly and conveniently through a mobile application. The platform facilitates not only cash advances but also payments for telecom, utility, and other bills, eliminating the need for formalities or extensive paperwork. By focusing on enhancing traditional financial services, MONi aims to provide a seamless financial experience for its customers.

MONi is a financial technology company based in Buenos Aires, Argentina, specializing in a microloans platform that allows users to obtain cash advances online. Founded in September 2013 by Alejandro Estrada and Juan Pablo Bruzzo, MONi's innovative platform streamlines the loan application process, enabling consumers to access funds quickly and conveniently through a mobile application. The platform facilitates not only cash advances but also payments for telecom, utility, and other bills, eliminating the need for formalities or extensive paperwork. By focusing on enhancing traditional financial services, MONi aims to provide a seamless financial experience for its customers.