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LiberTecWebsiteLinkedIn profileTwitter profile

Lending
Open to capital
  • Founded

    2019

  • Headquarters

    Bogota (Colombia)Flag of Colombia

  • Total Funding

    300K USD

  • Company Stage

    Seed Funding

  • Employees

    6

  • Founded

    2019

  • Headquarters

    Bogota (Colombia)Flag of Colombia

  • Total Funding

    300K USD

  • Company Stage

    Seed Funding

  • Employees

    6

Profile Level: Advanced
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Business Description

Our business model is focused on granting credit to employees of the companies with which we have an agreement, so that it is deducted from their monthly salary. The main source of income is the interest agreed on each loan and a second source of income is the structuring of the operation. Thanks to the innovation in both technology and the risk model of our company, today the rejection rate of credit requests is less than 3%, while in traditional banking the rate can be higher than 40%. In this way, people who did not have access to a legal credit, now have the opportunity with LiberTec.

Company Activities

Lending
FinTech

Business Model

B2B2C

External files

Technology

APIs
Big Data
Biometrics – Fingerprint
Cloud
Smart Contracts

Geographical presence

Flag or icon ofBrazilBrazil
Flag or icon ofChileChile
Flag or icon ofEcuadorEcuador
Flag or icon ofMexicoMexico
Flag or icon ofPeruPeru

Distribution model

Platform
Marketplace
Web
Mobile

Sustainability Development Impact (SDG)

SDG1 - No poverty
SDG5 - Gender equality
SDG8 - Decent work and economic growth

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