PRESS RELEASE
August 2024
AlphaMundi Group announces debt investment in Finaktiva, a Fintech company providing early-stage funding to MSMEs in Colombia
Medellin, Colombia – AlphaMundi Group through its SocialAlpha-Bastion Investment Fund (“SAIF”), provided debt financing to Finaktiva, a financial services company in Colombia that provides funding and assistance to MSMEs within the social and environmental impact sector. The funds received will be used to issue new loans to micro, small and medium enterprises (MSMEs), thereby fostering business growth, supporting economic development, and enhancing job creation in the community.
The investment aligns with the SAIF’s mission to help MSMEs overcome challenges in managing their cash flow, obtaining liquidity, and accessing finance, which are critical factors that limit their growth potential.
QUOTES
Jose Lozano, Director at AlphaMundi Latin America, said:” Since we first got to know Finaktiva, its team, value proposition and impact, we were interested in supporting them. Without a doubt, we believe Finaktiva is an outstanding company with strong financial performance, robust corporate governance, and a significant impact on MSMEs. The company will add considerable value to our impact portfolio.”
Jorge Leon, CFO at Finaktiva, mentioned: ”As CFO, securing financing from AlphaMundi marks a significant milestone in our journey towards sustainable growth. This partnership not only validates our mission but also empowers us to scale our impact and drive innovation in our industry. We are grateful for AlphaMundi’s support and confidence in our vision.”
