IDB Invest

BAC Credomatic is a retail banking organization operating across multiple countries in Central America and the Caribbean, including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, the Bahamas, the United States, and Grand Cayman. The company provides a diverse array of financial products and services designed to meet the needs of its customers. BAC Credomatic is committed to continuous improvement and innovation while maintaining a strong focus on excellence and creativity in its operations.

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.

RecargaPay is a Brazilian Super App that simplifies everyday payments for consumers and small to medium-sized enterprises (SMEs). It serves over 6 million users by consolidating various payment methods, including credit and debit cards, instant payments like Pix, and Open Finance, aiming to enhance the payment experience in the country. The platform offers a range of services such as bill payments, mobile top-ups, public transportation payments, installment plans, and loans, all designed for convenience and flexibility. By catering to both banked and unbanked individuals, RecargaPay is transforming how Brazilians manage their financial transactions. Founded in 2010, the company has raised over $120 million in funding from notable investors, and it is recognized as a Payments Institution and SCD by the Brazilian Central Bank.

Banco Sofisa is a commercial bank based in Brazil that offers a range of banking and financial services to both businesses and individual customers. The bank is dedicated to providing various financial solutions tailored to meet the needs of its clients, ensuring accessibility and efficiency in its operations. Through its comprehensive service offerings, Banco Sofisa aims to support the financial growth and stability of its customers in the Brazilian market.

AlphaCredit is a financial platform based in Mexico City that operates as a non-banking financial institution focused on providing accessible credit solutions to individuals and small businesses. The company offers fast and affordable credit lines through a programmed deduction system, resulting in low default rates and competitive interest rates. It has extended more than 514,000 credits to over 310,000 clients, primarily in Mexico and Colombia, and employs more than 1,200 individuals. AlphaCredit's product offerings include consumer credit for public and private sector employees, pensioners, and independent contractors, as well as financial solutions for small and medium-sized enterprises, such as factoring, leasing, and productive credits. The company emphasizes innovation and technological development in its financial services, distributing products through mobile applications to enhance customer access and control over their finances.

Banco Davivienda S.A. is a prominent Colombian bank established in 1972, specializing in a diverse range of banking services for individuals, businesses, and the rural sector. The bank offers retail, commercial, and international banking products, including various deposit accounts, loans for consumers and businesses, mortgage services, and asset management. Additionally, it provides financial solutions in both local and foreign currencies, as well as insurance and credit card services. Banco Davivienda operates approximately 725 branches and 2,621 ATMs across Colombia and in countries such as Panama, Costa Rica, Honduras, El Salvador, and Miami. As a subsidiary of Grupo Bolívar S.A., it employs over 15,000 staff and serves more than 6.6 million customers, making it one of the largest banks in Colombia by assets and profits. The bank's headquarters is located in Bogotá, Colombia.

Banco Promerica de Costa Rica, S.A. is a financial institution based in Escazú, Costa Rica, providing a wide range of banking and financial services for individuals and businesses. The bank's offerings include various types of accounts such as savings and current accounts, as well as mortgage and personal loans. Additionally, it provides debit, credit, and gift cards, along with insurance products covering health, life, and accidents. Banco Promerica also engages in foreign trade services, facilitating letters of credit, collections, and local and international transfers. Further services include e-factoring, digital signatures, and online banking, which enhance customer convenience and efficiency. The bank emphasizes building strong, lasting relationships with its clients and partners, contributing to the development of the Costa Rican economy.

Banco Daycoval S.A. is a financial institution based in São Paulo, Brazil, specializing in a wide range of banking products and services for both individuals and businesses. Established in 1968, the bank offers services that include check cashing, working capital lines, corporate loans, and agribusiness credit. It also provides financing options for machinery, vehicles, and personal loans. Additionally, Banco Daycoval has a diverse portfolio of investment products, including asset management services, fixed and variable income investments, and investment funds. The bank facilitates foreign exchange services, international trade, and offers life insurance and pension plans. With a strong presence across Brazil, it operates 36 specialized branch banks for business credit, 33 consumer credit locations, and numerous currency exchange offices.