IDB Invest

Banco Finandina is a Colombia-based digital bank offering a range of financial services to individuals and independent workers. Through digital platforms and physical branches, it provides credit facilities, savings and investment products, loans, and insurance, along with vehicle financing and leasing and financing for agricultural machinery. The bank emphasizes accessibility and operational efficiency in delivering its products and serves a broad client base across Colombia.

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.

Founded in 2019, Habi is a technology-driven real estate company headquartered in Bogotá, Colombia. It simplifies the homeownership lifecycle for middle-class customers throughout Latin America by providing a proprietary pricing algorithm and platform that enables faster and more efficient buying and selling of homes.

GoTrendier operates an online marketplace for second-hand clothing and accessories. The platform allows users to list pre-owned apparel, browse and purchase items from other individuals, and manage transactions with integrated shipping options. It helps users monetize unused wardrobe items and access a wide selection of brands in a sustainable manner, offering affordable fashion. In Colombia, listings are free, and the service supports user-to-user commerce, enabling people to discover new favorites and give clothing a second life while keeping costs down and waste to a minimum.

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.

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.

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.

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.