Colombian fintech KOA raises $25.6M in debt via Bogotá stock exchange securitisation
What's the deal? Colombian fintech KOADealroom has a profile for this one. Try Dealroom → has closed an US$24.4M (roughly $25.6 million) debt securitisation on the Colombian Stock ExchangeDealroom has a profile for this one. Try Dealroom →. The company will use the proceeds to expand access to credit.
What's the endgame? KOA is targeting financial inclusion, with a particular focus on older customers — a group often underserved by traditional lenders. The securitisation gives it fresh capital to broaden its lending base.
Why the stock exchange? Rather than raising equity, KOA tapped Colombia's public capital markets to fund its loan book. Securitisation lets a lender package future receivables into tradable instruments, converting them into upfront cash to deploy.
The signal: The deal shows Latin American fintechs increasingly turning to local capital markets, not just venture capital, to scale credit. For KOA, it is a route to fund lending while betting that overlooked segments like older borrowers represent a durable market.
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