About Cooperativa Vitel
Cooperativa Vitel is a company based in Ibague (Colombia) founded in 2020. It operates as a B2C. Cooperativa Vitel offers products and services including Online Loan Service. Cooperativa Vitel operates in a competitive market with competitors including Credivalores, Movistar Money, PraxiApp, Copsalavsucreditoya and cooperativafinancieraconfiar, among others.
- Headquarter Ibague, Colombia
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Sectors
Financial Services
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Email
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Phone
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Website
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- Legal Name Cooperativa Vitel
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Cooperativa Vitel
Cooperativa Vitel offers a comprehensive portfolio of products and services, including Online Loan Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers loans to individuals with negative credit reports and flexible repayment options.
Funding Insights of Cooperativa Vitel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cooperativa Vitel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cooperativa Vitel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cooperativa Vitel Comparisons
Competitors of Cooperativa Vitel
Cooperativa Vitel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Credivalores, Movistar Money, PraxiApp, Copsalavsucreditoya and cooperativafinancieraconfiar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Consumer loans provider
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| domain | founded_year | HQ Location |
Operates an online platform providing diversified consumer loans for individuals.
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| domain | founded_year | HQ Location |
Operates an app-based platform for consumer loan services.
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| domain | founded_year | HQ Location |
Operates a digital platform for accessible consumer loan services.
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| domain | founded_year | HQ Location |
Provides loans for homes, vehicles, and projects with 24-hour approval process.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cooperativa Vitel
When was Cooperativa Vitel founded?
Cooperativa Vitel was founded in 2020.
Where is Cooperativa Vitel located?
Cooperativa Vitel is headquartered in Ibague, Colombia. It is registered at Ibague, Tolima, Colombia.
What does Cooperativa Vitel do?
Cooperativa Vitel is a financial cooperative based in Bogotá, Colombia, specializing in online loans for individuals with negative credit reports. They provide services like loan applications through phone, WhatsApp, email, or in-person, with quick processing times of 2 to 6 hours for approval. Clients include independents, employees, and professionals, offering loans from 2,000,000 pesos with flexible terms up to 120 months and a 1 monthly interest rate. They operate in Bogotá and Medellín, prioritizing secure and efficient financial support.
Who are the top competitors of Cooperativa Vitel?
Cooperativa Vitel's top competitors include Credivalores, Movistar Money and PraxiApp.
What products or services does Cooperativa Vitel offer?
Cooperativa Vitel offers Online Loan Service.