Approbe is a Colombian fintech that operates a peer-to-peer lending platform connecting people seeking credit with individuals, corporations, and payment gateways willing to lend. The company was co-founded in June 2022 by Kenny Silva, Marcus Halawi, and Óscar Vallejo and was accelerated by Google for Startups in 2023. Approbe reports more than 2,210 corporate clients, including Coordinadora, Ecollect, Epayco, and Prosegur. The startup recorded 1,592% growth in its managed portfolio in 2023. Its platform matches credit demand with lenders and uses algorithms for alternative credit scoring. The company plans to use new funding to back and finance thousands of loans and to optimize processes, including improving its alternative credit-scoring algorithms.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024