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AAvance

Marketplace de soluciones FinTech

Founded 2020 Colombia Bogota, Colombia 12 employees Grant Financial Services, Fintech

General Information

Company Name AAvance
Founded Year 2020
Location Colombia Bogota, Colombia +1
Employees 12
Industries Financial Services, Fintech
Funding Stage Grant
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About AAvance

AAvance is a FinTech startup based in Colombia that aims to promote financial inclusion through its marketplace for financial solutions. The company's offerings include ewallet, virtual cards, debit cards, and prepaid cards, all of which cater to the diverse population of Colombia, Venezuela, and Latam. AAvance's virtual and physical cards are globally accepted and equipped with contactless technology, making them an accessible and convenient option for users. Furthermore, the company provides e-Wallet services without additional costs and offers a digital deposit function that functions as a savings bank account for the unbanked or underserved populations.

AAvance's services extend to various financial needs, including P2P payments, billing payments, direct deposits, remittances, and access to online purchases. Notably, the company's last investment came in the form of a grant from Seedstars International Ventures at the end of December 2023. This backing signifies the confidence of investors in AAvance's mission to advance diversity and inclusion in financial services. The startup's commitment to leveraging digital financial services for the betterment of the underrepresented communities in Colombia and Latam underscores its potential impact and value in the Financial Services and Fintech industries.

Taxonomy: E-wallet, Virtual card, Debit card, Prepaid card, Financial inclusion, Mobile money services, Digital financial services, P2P payments, Remittance, Online purchases, Colombia, Venezuela, Latam, Diversity and inclusion

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 31 Dec 2023

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FAQ About AAvance

Marketplace de soluciones FinTech
AAvance was founded in 2020.
AAvance is headquartered in Bogota, Colombia.
AAvance operates in the following industries: Financial Services, Fintech.
AAvance has approximately 12 employees.
AAvance has completed 1 funding round. The latest funding stage is Grant.
Top alternatives and competitors to AAvance include CashPak, SquareFI, DCS, Cardlay, BerryPay Official. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AAvance and CashPak are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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