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Avanzo

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Employer salary-linked loans offering quick credit solutions for individuals.

Overview

Avanzo is a financial technology company that focuses on employer salary-linked loans in Colombia. The company enables employees to obtain loans with repayment schedules that are directly linked to their salaries, which allows for automatic deductions from their paychecks. This structure is designed to facilitate the repayment process. Avanzo offers loans that are characterized by flexible terms and a quick approval and disbursement process, catering to individuals who require immediate financial support. Additionally, the company provides educational resources and workshops aimed at promoting financial inclusion among employees of its partner organizations. By addressing barriers to credit access and encouraging responsible financial practices, Avanzo seeks to assist individuals in managing their financial challenges and improving their credit histories.

Key facts

Founded
2017
Headquarters
Bogota, Colombia

Business model

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About Avanzo

What does Avanzo do?

Avanzo is a financial technology company that focuses on employer salary-linked loans in Colombia.

Where is Avanzo headquartered?

Avanzo is headquartered in Bogota, Colombia.

When was Avanzo founded?

Avanzo was founded in 2017.

Which sector is Avanzo in?

Avanzo operates in Digital Lending, part of Financial Technology.

Who are Avanzo's competitors?

Companies similar to Avanzo include Snippet, Casha, and Floatpays.