Alma Sustainable invests $5 million in RapiCredit, boosting financial inclusion in Colombia

Colombian fintech RapiCredit has entered into a $5 million financing agreement with Alma Sustainable Finance. Structured in partnership with Almavest and the U.S. International Development Finance Corporation, the deal strengthens the company’s financial foundation and supports its mission of expanding credit access and financial inclusion across the country.

Expanding access to credit in Colombia

Since 2014, RapiCredit has worked to eliminate barriers to credit access in Colombia. The fintech specializes in providing accessible and flexible microloans to thousands of Colombians who have been left out of the traditional banking system.

For Daniel Materón, CEO of RapiCredit, this transaction highlights the company’s dedication to social inclusion through innovative financial solutions.

“In Colombia, accessing credit remains a distant possibility for millions. For those without a financial history, who work informally, or simply do not meet the strict requirements of the traditional banking system, credit is not a tool for progress but rather a closed door,” Materón explained.

Backing from international investors

Beyond offering credit, RapiCredit also promotes financial literacy. Through educational tools and content, it helps clients strengthen their credit history, manage personal finances more effectively, and view credit not only as a short-term solution but as a long-term tool for progress.

The agreement builds on the $7 million previously provided by Almavest, marking a new milestone in RapiCredit’s growth journey. With these resources, this fintech will be able to enhance its lending capacity and scale its services to reach more individuals excluded from traditional banking.

A proven model of inclusive finance

Materón acknowledged that attracting international funding is both competitive and demanding, yet it validates the company’s track record.

“For more than 11 years, we have shown that it is possible to lend with empathy, with clear rules, and with inclusive technology. Securing funding abroad is not easy,  you compete with dozens of countries and hundreds of companies, which raises the bar. You have to prove seriousness, real impact, and that the model works not just in Excel, but in real life,” he said.

With this new funding round, RapiCredit reinforces its role as a key player in advancing financial inclusion in Colombia. The company plans to leverage international partnerships to continue delivering accessible credit solutions, demonstrating that technology-driven finance can empower underserved communities and contribute to long-term social progress.