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Colombian Fintech Startup Plurall Raised USD $1M from Krealo

Plurall is a Colombian fintech startup dedicated to advancing financial inclusion for entrepreneurs across various sectors and regions by offering them access to microcredits. Additionally, Plurall provides a 100% digital account and a debit card that enables interest-free transactions.

Launched in Colombia in May 2022, Plurall stands out in the existing market by leveraging data and artificial intelligence through a proprietary platform that evaluates and approves credits tailored to each business, understanding the needs and capabilities of each client. The company is currently rolling out its new Integrated Finance product for partners, market leaders in electronic billing, accounting, e-commerce, and other platforms serving entrepreneurs.

Krealo, the Corporate Venture Capital arm of Grupo Credicorp, has recently announced a USD $1M investment in Plurall.

"We invested in Plurall because of the team they have managed to build and their mission to serve the region's micro-businesses with a digital business model, leveraging disruptive technologies and models. We hope to realize synergies that benefit both Plurall and Credicorp," -Adolfo Vinatea, CEO of Krealo.
"We are proud to have such a relevant and representative ally in Latin America as Krealo. Their support will allow us to enhance our growth process in Colombia and bring our product to many more entrepreneurs. We recognize in Krealo an ally with vast experience that brings invaluable value to our team." - Federico Gómez, Co-founder and CEO of Plurall.
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