AAvance is a FinTech startup based in Colombia that aims to promote financial inclusion through its marketplace for financial solutions. The company's offerings include ewallet, virtual cards, debit cards, and prepaid cards, all of which cater to the diverse population of Colombia, Venezuela, and Latam. AAvance's virtual and physical cards are globally accepted and equipped with contactless technology, making them an accessible and convenient option for users. Furthermore, the company provides e-Wallet services without additional costs and offers a digital deposit function that functions as a savings bank account for the unbanked or underserved populations.
AAvance's services extend to various financial needs, including P2P payments, billing payments, direct deposits, remittances, and access to online purchases. Notably, the company's last investment came in the form of a grant from Seedstars International Ventures at the end of December 2023. This backing signifies the confidence of investors in AAvance's mission to advance diversity and inclusion in financial services. The startup's commitment to leveraging digital financial services for the betterment of the underrepresented communities in Colombia and Latam underscores its potential impact and value in the Financial Services and Fintech industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | Seedstars | 31 Dec 2023 |
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