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Empresa Rayo moves to Colombia Fintech

September 7, 2020

The company Rayo from Costa Rica has joined the Colombian fintech ecosystem. This was reported by the latter on September 6th via his website.

“”Rayo is a company with a presence in several Latin American countries. The only one of its kind, founded in 2013 in Costa Rica by the Arce brothers, who recognized the need for thousands of people to get financial support through mini-loans that are payable within 45 days, simple, fully digital and they don’t want to have long-term debt, “says the fintech website in Colombia.

Rayo, which has been present in Colombia since December 2019, already has thousands of users. From Fintech, they stated: “We are pleased to be able to make a contribution to the democratization of access to credit for all Colombians in large parts of the country in just a few minutes.”

Empresa Rayo moves to Colombia FintechEmpresa Rayo moves to Colombia Fintech

Additionally, they reiterated that they are now joining Colombia Fintech to embrace and be open to the latest technological innovations in the market: “We see it as a great opportunity to look for ways to get in touch with the various Union actors in the country’s digital economy.”

On the other hand, they stated that Rayo The company intends to continue its exponential growth in the country by providing access to fast loans for thousands of customers and providing formal jobs to dozens of Colombians.

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