Finaktiva

Finaktiva, a Colombian fintech company, was established in Medellín in 2017 by Pablo Santos, Ana Maria Portillo, and Jorge León. The venture originated from a prototype for a digital credit platform developed in 2016, which was spun off from Grupo Aktiva, a company previously co-founded by CEO Pablo Santos in 2011 to finance small and medium-sized enterprises (SMEs). Santos, an economist from EAFIT University, demonstrated an early interest in finance by managing a school cooperative at age 12, providing loans to students and teachers.

The firm operates as a digital financial services platform, providing solutions for companies of all sizes to manage cash flow, liquidity, and growth financing. Its business model is centered on offering a suite of financial products, including business loans, factoring, international factoring, and confirming (supply chain finance). Revenue is generated from these credit and financing operations. The company serves a diverse client base across various sectors such as engineering, agriculture, logistics, and technology, working with large corporations like Bavaria, Alpina, and Claro to manage their supplier chains, while also supporting SMEs and startups.

Finaktiva's core offering is an all-in-one financial management suite launched in 2024. This digital platform allows businesses to consolidate their financial information by connecting to their electronic invoicing, accounting software, and bank accounts in real-time. Key features include a comprehensive view of accounts receivable and payable to optimize cash flow, and centralized management of supplier payments across different bank accounts to streamline treasury processes. The platform also integrates Radian, Colombia's electronic invoice registry, enabling clients to negotiate and advance payments on their invoices. The company is preparing for international expansion, having obtained a license to operate in Peru with plans to launch in 2025.

Keywords: digital financing, SME lending, supply chain finance, factoring services, cash flow management, corporate credit, fintech Colombia, accounts receivable financing, trade finance, business loans, financial technology, working capital solutions, SME banking, digital credit, invoice discounting, B2B finance, Pablo Santos, Medellín startup, Latin America fintech, Radian integration