Finmaq, Colombian fintech lending for machinery, closes US$6.5 million Series A round
Finmaq, a Colombian fintech that finances machinery and equipment for MSMEs, closed a US$6.5 million Series A round led by Accion, with participation from Mundi Ventures and existing investors Alive Ventures and 30N Ventures. The company has placed more than US$100 million and holds an active portfolio of close to COP 200 billion. It aims to surpass US$200 million in placements and reach 5,000 active clients in 18 months. It operates only in Colombia and its main recent challenge is fraud attempts.
In 40 seconds
- The US$6.5 million Series A was led by Accion, with Mundi Ventures, Alive Ventures and 30N Ventures.
- Finmaq has placed more than US$100 million and holds an active portfolio of close to COP 200 billion.
- 18-month goal: more than US$200 million in placements and 5,000 active clients.
IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.




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