Tuily launches business credit card in Colombia

Prepaid card

Colombian fintech Tuily launched a business credit card and an expense management platform to ease financial access to entrepreneurs and small businesses in Colombia. The credit card is backed by Mastercard and issued by Paymentology.

“We are excited to partner with Tuily, a major force in empowering these small businesses through the essential financial tools to ensure their continued success,” said Alejandro del Río, regional director of Paymentology in LATAM.

So far the startup is bootstrapped but plans to seek external funding and aims to have 350 companies as clients by the end of 2023.

Read more on Latam Fintech Hub

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