Avanzo, a Colombian fintech, raised a $1.3M funding round led by 1414 Ventures. Inducam and angel investor Julio Vildosola also participated in the round.
Avanzo is working to improve the financial health and awareness of employees across Colombia. The platform provides loans, financial education, and online credit services.
The platform currently works with more than 70 companies.
With the new funding, Avanzo will invest in its product technology, digital marketing, and product range.
