Sempli Raises $10M Debt Backed by Bancolombia and Boost SME Portfolio

Sempli, the Colombian fintech specializing in digital loans for micro and small businesses, has announced a new $10 million debt funding round. With this injection, the company aims to grow its portfolio by more than 15% before the end of the year.

Strong Local Support for Growth

The round was fully backed by local financial institutions, including Banco de Occidente, Bancolombia, Banco AV Villas, Bancoldex, Fondo Presente, and Comfama, through various financing contracts.

“In recent years, we have shifted toward 100% local funding. We see liquidity in the Colombian funding markets, especially now that our company has maintained a year and a half of recurring profitability,” said Esteban Velasco, CEO and co-founder of Sempli.

Solid Performance and Market Presence

Sempli now serves over 4,300 clients, capturing a 1% share of the credit market for micro and small enterprises in Colombia. The company’s consistent profitability over the last 18 months demonstrates the robustness of its business model and supports its plans for growth.

Strategic Use of Funds

The newly raised capital will also strengthen Sempli’s technological capabilities and data analytics processes. The fintech aims to expand its reach among formal entrepreneurs while investing in product innovation projects that enhance its offerings for small businesses.

With a total fundraising of $68 million to date, one-third from equity and two-thirds from debt, Sempli continues to consolidate its position as a leading digital credit provider for Colombian SMEs, leveraging local funding sources and technological innovation to drive sustainable growth.