Social impact investor Oikocredit and the IDB Lab invested US$5.7m in Sempli, a Colombian fintech providing loans to SMEs. In 2017, Sempli raised a US$3.6m seed round from Velum Ventures, FOMIN, XTP1, Grupo Generaciones, and DGGF (Dutch Good Growth Fund).
social impact investing
Oikocredit, MicroVest Capital Management and Triodos Investment Management jointly sold their equity stakes in Banco Solidario, providing a full exit for the social impact investors. Banco Solidario was founded in Ecuador in 1996 and provides loans to SMEs among other financial products and services.