Welli, a Bogota-based fintech that finances medical procedures, closed a $25M Series A to widen access to care across Latin America.
In Colombia, about one-third of patients delay or cancel care due to a lack of financing. Welli’s system pre-approves loans in minutes inside the clinic. Funds are transferred directly to providers, enabling patients to avoid paperwork and ensuring doctors receive immediate payment.
The funding will support Welli’s expansion into other Latin American markets, the extension of loan terms beyond 36 months, and the launch of a savings product that helps users build credit for future procedures. Welli also plans to serve an additional 20,000 patients.
Founded in 2022 by Felipe Jaramillo and Felipe Gómez, Welli now works with 1,500 clinics in dental, fertility, aesthetic, and other specialties, and has financed more than $12M in treatments. Partner clinics reported up to a 40% increase in procedures after working with Welli, while Welli assumes credit risk and handles collections.
Read more on: Valora Analitik
