About Los Andes
Los Andes is a company based in Puno (Peru) founded in 1997 was acquired by Creation Investments in July 2016. Los Andes has raised $10 million across 1 funding round from investors including Accion and Creation Investments. Los Andes offers products and services including Agropecuario Credit, PYME Credit, Savings Accounts, Insurance Products, and Money Transfer Service. Los Andes operates in a competitive market with competitors including Scotiabank, Bank of America, Interbank, Via BCP and Banco Ripley Peru, among others.
- Headquarter Puno, Peru
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Caja Rural De Ahorro Y Crédito Los Andes S.A.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Aug 02, 2024
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Investors
Accion
& 1 more
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Employee Count
Not available
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Acquired by
Creation Investments
(Jul 22, 2016)
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Products & Services of Los Andes
Los Andes offers a comprehensive portfolio of products and services, including Agropecuario Credit, PYME Credit, Savings Accounts, Insurance Products, and Money Transfer Service.
Loan for agricultural and seasonal needs
Loan for small business operations
Accounts for secure fund deposits
Coverage for life, property, and risks
Service for sending and receiving funds
Funding Insights of Los Andes
Los Andes has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 2024. 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.
Investors in Los Andes
Los Andes has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Accion and Creation Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Impact investing in emerging markets through private equity and credit services.
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Foundation focused on early-stage investments in fintech sector
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Investor details for Los Andes
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Los Andes
Investment portfolio details for Los Andes
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Los Andes
Detailed financials for Los Andes
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Los Andes Comparisons
Peer comparison for Los Andes
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Los Andes
Los Andes 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 Scotiabank, Bank of America, Interbank, Via BCP and Banco Ripley Peru, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Commercial banking services are provided internationally by Scotiabank.
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Commercial banking and asset management services are offered worldwide.
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| Locked | Locked | Locked |
Commercial bank
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Commercial banking services are provided in Peru.
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| Locked | Locked | Locked |
Commercial banking services are provided in Peru.
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Detailed competitors of Los Andes
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- Full company profiles
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Latest news on Los Andes
Complete news archive for Los Andes
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Los Andes
Los Andes was founded in 1997 and raised its 1st funding round 27 years after it was founded.
Los Andes is headquartered in Puno, Peru. It is registered at Puno, Puno, Peru.
Los Andes is a funded company, having raised a total of $10M across 1 funding round to date.
Los Andes, backed by 10000000.0 from Accion, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Los Andes's top competitors include Scotiabank, Bank of America and Interbank.
Los Andes offers Agropecuario Credit, PYME Credit, Savings Accounts, Insurance Products, and Money Transfer Service.
Los Andes has 2 investors. Key investors include Accion, and Creation Investments.