Colombia Fintech

We assessed the economic impact of three fintech companies in Colombia, focusing on two strategic groups: individuals not served by traditional banks and customers who gained access to better financial terms. We designed a data collection tool for individuals and businesses, and analyzed the channels of impact in terms of access, service quality, and credit terms. We quantified individual benefits and estimated the aggregate social return and the proportion of users who benefited. This assessment provided concrete evidence of the contribution of fintech companies in contexts of low credit inclusion, including sensitivity analyses under adverse conditions.