Tagged: colombia

Colombian Proptech Habi, which has Adopted iBuying, Secures $10 Million via Series A Round led by Inspired Capital

Buying or selling property or real estate might begin to lose its appeal when we consider how time-consuming it can be to actually maintain these investments. However, Colombia based Proptech firm Habi says it plans to offer products and services that will help improve Latin… Read More

Softbank backed Greensill Capital to Acquire Colombian Fintech Firm OmniLatam as Part of Latin America Expansion Strategy

Softbank Group-backed Greensill Capital, a London based provider of capital finance for businesses and people globally, will reportedly be acquiring Colombia’s Omni Latam in order to accelerate the growth and adoption of innovative financial tech solutions in Latin America. The amount that will be paid… Read More

South American Fintech Koibanx Considers Expanding Operations into Mexico

Argentina-based Fintech firm Koibanx has maintained operations in the Latin American region, well before the COVID-19 outbreak led to major changes in the daily lives of the area’s residents. Despite the economic challenges associated with expanding a business during these difficult times, Koibanx is planning… Read More

Columbia-based Fintech Infrastructure Developer Minka Secures $3 Million in Seed Funding via Round Led by Fintech Collective

  Colombia-based Fintech firm Minka has secured $3 million in capital through a funding round led by Fintech Collective. Colle Capital Partners, the Collaborative Fund, multinational firm Carvajal Tecnología y Servicios, and Mastercard also took part in Minka’s latest round. The Fintech company said it… Read More

Colombia-based Fintech Puntored to Invest $6 Million into Expanding Network of 75,000 Payment Channels

Colombia-based Fintech Puntored confirmed recently that it plans to invest around COP$20 billion (appr. $6 million) into further expanding and strengthening its existing network of 75,000 payment points. Puntored’s financial services have been developed to make it easier for millions of people to conduct transactions… Read More

Western Union Announces Expansion of International Payment Services in Colombia

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced last week it has expanded its international payment services to Colombia. According to Western Union, the services being expanded are between its Western Union Business Solutions division and Acciones&Valores in Colombia, to offer the WU GlobalPay for… Read More

CoinText’s Expansion Continues: Now Allowing Users to Transact Cryptocurrency Over SMS to Colombia & The Dominican Republic

Just a little over a month after announcing the launch of its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, Poland, Croatia, and Romania, CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has expanded the services in… Read More

Prodigy Network CEO Rodrigo Niño Updates on Real Estate Market & Future Plans

  Prodigy Network is one of the largest entrants in the real estate crowdfunding sector within the US.  To date, Prodigy has raised approximately $160 million for its portfolio of property located in New York City.  What is unique about Prodigy is the fact it… Read More

Crowdfunded Skyscraper BD Bacata “Revives Downtown Bogota”

Arguably the largest equity crowdfunding offer ever, BD Bacata raised over $150 million to finance the first skyscraper in Bogota, Colombia in decades.  It was real estate developer and real estate crowdfunding platform operator Rodrigo Niño who figured out the methodology to help finance the… Read More

Lendahand Launches Second Funding Round on Symbid

Hoping to continue the expansion of its company, Dutch crowdfunding platform, Lendahand, recently launched a second campaign on Symbid. Lendahand, which was founded by Peter Heijen, Koen The, and Peter Stolze, provides funds to small and medium enterprises (SMEs) in emerging economies. These include countries such… Read More

Real Estate Platform Prodigy Network Charts Path for Equity Crowdfunding Growth: Targets European Expansion

Prodigy Network, the largest real estate crowdfunding platform operating today, has been pushing forward led by founder and CEO Rodrigo Niño.  The entrepreneurial Niño claims the largest equity crowdfunding project ever. BD Bacata, in Bogota, Colombia, raised approximately $200 million in equity crowdfunding to finance the… Read More

Harvard: Prodigy Network is Democratizing Real Estate Investment

Last month Harvard Business School published a case study on the real estate crowdfunding platform Prodigy Network and its founder Rodrigo Niño.  Authors Karim Lakhani, Katja Hutter and Greta Priar, reviewed the dramatic rise of Prodigy Network and the vision of Niño that “crowdfunding will… Read More

Naja’s Socially-Conscious Lingerie Overfunds on Kickstarter: Underwear for Hope

Last February, Naja was featured in Crowdfund Insider’s “Crowdfunded Fashion: 7 Hot Products.”  Founded by Catalina Girald, Naja recently overfunded its most recent Kickstarter campaign, raising nearly $26K for its scintillating and socially-conscious lingerie. Although a small campaign, both the concept and product remain relevant,… Read More

Prodigy Network Bets Big On Crowdfunding Commercial Real Estate

In applying a loose definition of the term “crowdfunding,” Rodrigo Nino stands as the undisputed king of the emerging fundraising methodology. He and his team at Prodigy Network crowdfunded a building in Colombia to the tune of over $175 million from investors both in Colombia… Read More

Largest Crowdfunding Campaign Ever: BD Bacatá Skyscraper from Prodigy Network

Real Estate Crowdfunding Platform is Growing Fast, Sees Opportunity in Many Markets Crowdfunding has quickly moved into the popular lexicon with the advent of platforms like Kickstarter and Indiegogo.  Each of these rewards based crowdfunding platforms have experienced incredible success in the past few years… Read More

Crowdfunding for Real Estate: Buy a Slice of a Skyscraper

From the pyramids to the Empire State Building, the world’s largest structures have typically been financed by the superrich. New York-based Prodigy Network, best known for marketing the Trump SoHo hotel condominium, is now trying a different model: It’s bringing crowdfunding to real estate, soliciting… Read More

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