Colombia's Quipu adds Alaya Capital in its first secondary deal
What's the deal? QuipuDealroom has a profile for this one. Try Dealroom →, a Colombian fintech serving micro and small businesses, has brought on Alaya Capital as a new investor. The deal combines fresh capital with the purchase of shares from one of Quipu's earliest backers — the startup's first-ever secondary transaction, announced by cofounder and chief executive officer Mercedes Bidart.
What's the endgame? Quipu built an AI-based underwriting engine that analyses alternative data in real time and generates credit decisions in seconds. It targets businesses long shut out of traditional bank financing due to a lack of conventional credit history.
Who's backing it? Alaya Capital added Quipu to its Alaya III fundDealroom has a profile for this one. Try Dealroom →, reinforcing a bet on Latin American fintech and embedded finance. The firm said it was convinced by both the technology and the founding team, led by Bidart and Juan Cristóbal Constain, who bring experience in urban innovation, microfinance, and financial inclusion.
Why now? The deal does double duty: it gives an early investor partial liquidity while adding a long-term partner for Quipu's next growth stage.
The signal: "A secondary allows one of the investors who believed in us when we were barely an idea to realise part of the value created over these years, while we bring in a new long-term partner," Bidart said. Secondary transactions like this one point to a maturing Latin American venture ecosystem, recycling capital and expertise toward new startups.
Read more: Techla
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