Galilea raises $500K in funding

Galilea, a Colombian digital lending fintech, raised $500K from a U.S. fund with Silicon Valley roots backed by Y Combinator.

Founded by Angie Ávila and William Antonio, Galilea is building a digital credit platform to expand access to formal financing in Colombia. The company uses technology and data analysis to assess credit risk beyond traditional banking metrics, focusing on borrowers long excluded from the financial system.

The funding will support Galilea’s expansion and strengthen its position in Colombia’s growing digital credit market.

“Galilea stood out to international investors for its technology-driven model and clear focus on financial inclusion for underserved segments,” the company said.

Read more on La República

You May Also Like