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//BFSI – Financial Services
Edgardo Torres-Caballero, Managing Director of Mambu Latin America.
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Financiera Dann Regional’s New IRIS Bank Selects Mambu SaaS Suite

Mambu’s cloud-native SaaS subscription-based platform allows Financiera Dann Regional to expeditiously scale its growth and enables agile SME product design and launches.
Posted On August 10, 2021
, By Loren Moss
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Tecnoglass Reports Most Profitable Quarter In Company History

Tecnoglass' adjusted EBITDA Up 52.7% Year-Over-Year to a Record $35.6 Million, or 29.3% of Total Revenues. “Our ability to timely deliver best-in-class products led to outsized revenue growth and market share gains in the U.S. during the second quarter."-Christian Daes
Posted On August 6, 2021
, By Loren Moss
Alphacredit is a brand of Alpha Holdings
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AlphaCredit Parent Files For Bankruptcy

Last April, the company announced that it would restate its financials for 2018 and 2019 to correct an error in Alpha Holding’s derivative positions. Soon the company had to announce that it found additional accounting errors that would lead to material restatement of other...
Posted On August 2, 2021
, By Loren Moss
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Lulo Bank From Gilinski Group Approved For Operation By Colombian Financial Superintendence

The bank will launch with almost $27 million USD of capital, and operate digitally, through apps, its (currently inoperative) website, and Gilinski group’s Servibanca network of ATMs (Automated Teller Machines) throughout Colombia.
Posted On July 1, 2021
, By Loren Moss
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Bayport Colombia Receives The 1st $50 Million USD Of A $200 Million Credit Line By US Development Finance Corporation

This is a senior credit line announced in 2020 granted by the United States International Development Finance Corporation
Posted On June 30, 2021
, By Loren Moss
Colombian native Leonardo Garzon (above) has been appointed as the new Latin America managing director for global insurance provider McLarens,
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Leonardo Garzon Appointed McLarens Managing Director For Latin America

Garzon is a recognized leader within the region, holding 25 years of experience in forensic engineering, construction vulnerabilities, and pre-loss and post-loss consulting. His experience in the provision of risk and loss adjusting services includes advising on high value...
Posted On June 28, 2021
, By Loren Moss
Iris CEO, banking industry veteran Lorenzo Garavito.
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New Colombian Digital Bank “Iris” Seeks To Enable Business Clients With Technology

The new Colombian tech-forward bank offers interest bearing business accounts with no transactions or maintenance fees, and a 100% digital services portfolio, says Iris CEO, banking industry veteran Lorenzo Garavito.
Posted On June 9, 2021
, By Loren Moss
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Colombian Financial Entities Take Ratings Hit After Country Currency Downgraded To Junk

As ratings agency Standard & Poor lowered Colombia's sovereign currency rating from investment grade into junk status, two government development banks and one commercial bank also took the hit. Findeter, FDN & Banco Davivienda al saw credit ratings drop out of investment grade,...
Posted On May 21, 2021
, By Loren Moss
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Don’t Miss: Bonds & Loans Andes 2021 – Virtual Conference, April 27th

There has never been a more important time to bring together 200+ of the Andean region's most senior issuers, investors, bankers, rating agencies and lawyers to share knowledge, debate and network.  Finance Colombia readers receive a discount with the code FC10
Posted On April 6, 2021
, By Loren Moss
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Finance Colombia Returns As Supporting Partner For The Only Andean Region Credit Markets Event

Don’t miss this opportunity to join over 200 of the Andean region’s most senior investment, capital markets and finance professionals. Register online here or contact Jessica Wheater
Posted On March 31, 2021
, By Loren Moss
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