Colombian fintech Kala raised $55M in debt to expand access to credit across Colombia. The investment follows Kala’s $4M round in 2023.
Kala provides credit to people in socioeconomic strata 2 and 3, including customers up to 90 years old, a segment largely excluded from traditional banking.
Kala will use the funds to expand operations nationwide and reach more than 10,000 clients by 2025.
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