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Bancolombia is Colombia's largest commercial bank and a significant player in Latin America, founded in 1875 and headquartered in Medellín. The bank operates in Colombia, Panama, Guatemala, El Salvador, and across Latin America and the Caribbean. With nearly 30,000 employees, Bancolombia serves over 6.4 million customers, including individuals, entrepreneurs, SMEs, corporations, and government entities. The bank manages total assets of COP 289 trillion and reported a net income of COP 4.09 trillion in 2021. Bancolombia is publicly listed on both the Colombian Stock Exchange and the New York Stock Exchange. It offers a wide range of financial services, including banking, leasing, stock brokerage, and investment banking. Key products include various deposit and investment options, lending solutions, and specialized services like offshore banking. The bank also emphasizes digital solutions, such as virtual branches and QR-based payment systems. Committed to sustainability, Bancolombia aims for net-zero financed emissions by 2050 and actively invests in educational and environmental initiatives.
Payment Platform for LatAm Micro and Small Businesses
Bare-metal access to Brazil's Open Finance and Pix systems
QI Tech is a Brazilian fintech company established in 2018, specializing in technology infrastructure for financial services. The company provides modular APIs that enable businesses to offer a variety of financial products, including banking, credit, payment, and anti-fraud solutions. Licensed by the Brazilian Central Bank as a Direct Credit Society, QI Tech allows companies to provide payroll loans, buy-now-pay-later options, home equity loans, and student loans. The platform supports numerous financial services such as digital registration, credit scoring, digital account opening, and wire transfers. Recent innovations include QI Fatura, which facilitates installment payments via Pix. QI Tech also offers an Insurance-as-a-Service platform and is developing foreign exchange infrastructure to enhance FX operations in Brazil. With over 400 clients, including notable brands like 99, Shopee, and QuintoAndar, QI Tech is expanding its presence throughout Latin America. The company has secured significant funding, including a $200 million Series B round in 2023, and has a market valuation exceeding $2 billion, highlighting its role in Brazil's digital finance landscape.