Colombia’s RapiCredit ready to enter the Peruvian market

Colombia’s RapiCredit ready to enter the Peruvian market

Colombian fintech RapiCredit has confirmed it will soon close a corporate agreement to enter the Peruvian market.

RapiCredit has been operating in Colombia for 10 years benefiting at least 620,000 unbanked people and granting more than 3.2 million loans.

In Peru, RapiCredit aims to match the figures achieved in Colombia, where it managed to go from granting 1,300 loans in its first year of management, to disbursing more than 1.5 million loans in its tenth year.

The company plans to impact the Peruvian market through solutions and services that promote financial inclusion and empower Peruvian consumers to overcome the obstacles imposed on them by the traditional financial sector.

Products RapiCredit will offer in Peru include fast and flexible loans, designed to meet the liquidity needs of clients in a convenient and accessible way.

RapiCredit offers an agile and transparent application process as well as its competitive interest rates and a commitment to credit responsibility.

“We are excited to bring our experience in financial technology to the Peruvian market and contribute to the economic and social development of the country,” said Daniel Materón, CEO, RapiCredit.

“We firmly believe in the power of financial inclusion to transform lives and communities and we are committed to working collaboratively with our clients and partners to achieve a positive and meaningful impact.”

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