Colombian fintech Welli raised $75M in structured debt from Community Investment Management (CIM). The round follows a $25M Series A in June.
Welli provides financing for patients who require medical procedures but lack the funds to pay upfront. Welli’s system instantly pre-approves loans and transfers payment directly to healthcare providers, helping underserved communities access quality treatment.
Welli will use the funds to accelerate growth across Latin America and expand to new countries.
“This additional funding will enable us to develop new financial solutions and deploy in more countries to become the leading financial partner in the ecosystem,” said Felipe Gómez, co-founder and CEO of Welli.
Read more on Forbes.
