About Credivalores
Credivalores is a company based in Bogota (Colombia) founded in 2002 by David Seinjet Neirus.. Credivalores has raised $35 million across 4 funding rounds from investors including International Finance Corporation, Gramercy and ACON Investments. Credivalores offers products and services including Crédito de Libranza and CrediUno Visa. Credivalores operates in a competitive market with competitors including Movistar Money, PraxiApp, Copsalavsucreditoya, Cooperativa Vitel and cooperativafinancieraconfiar, among others.
- Headquarter Bogota, Colombia
- Founders David Seinjet Neirus
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Credivalores - Crediservicios S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Debt – Conventional
May 26, 2015
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Investors
International Finance Corporation
& 2 more
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Employee Count
Employee Count
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Products & Services of Credivalores
Credivalores offers a comprehensive portfolio of products and services, including Crédito de Libranza and CrediUno Visa. 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.
Payroll deduction loan for employees and pensioners in Colombia
Card for personal purchases and financing needs
Funding Insights of Credivalores
Credivalores has successfully raised a total of $35M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in May 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $20.0M
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First Round
First Round
(03 Mar 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Debt – Conventional - Credivalores | Valuation |
investors |
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| Sep, 2014 | Amount | Debt – Conventional - Credivalores | Valuation |
investors |
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| Jun, 2012 | Amount | Debt – Conventional - Credivalores | Valuation |
investors |
| 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 |
Investors in Credivalores
Credivalores has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Gramercy and ACON Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Long-only multi-asset investments are managed by Gramercy hedge fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Credivalores
| 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 - Credivalores
| 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 |
Credivalores Comparisons
Competitors of Credivalores
Credivalores 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 Movistar Money, PraxiApp, Copsalavsucreditoya, Cooperativa Vitel 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 |
|---|---|---|---|---|
| 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 financial loans to reported persons via online and in-person methods in Colombia.
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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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Latest news on Credivalores
Frequently Asked Questions about Credivalores
When was Credivalores founded?
Credivalores was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is Credivalores located?
Credivalores is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Who is the current CEO of Credivalores?
David Seinjet Neirus is the current CEO of Credivalores. They have also founded this company.
Is Credivalores a funded company?
Credivalores is a funded company, having raised a total of $35M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $25M, raised on Mar 03, 2010.
What does Credivalores do?
Founded in 2002 in Bogota, Colombia, operations are focused on the consumer lending sector. Loans are extended to employees and pensioners of public and private companies, with repayment facilitated via payroll deduction. Credit cards are provided for purchases at commercial establishments and utility bill payments. Insurance policies are paid in monthly installments under flexible schemes for legal and natural persons.
Who are the top competitors of Credivalores?
Credivalores's top competitors include Movistar Money, PraxiApp and Copsalavsucreditoya.
What products or services does Credivalores offer?
Credivalores offers Crédito de Libranza and CrediUno Visa.
Who are Credivalores's investors?
Credivalores has 3 investors. Key investors include International Finance Corporation, Gramercy, and ACON Investments.