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Oikocredit invests in financial inclusion, agriculture and renewable energy

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Sempli SAS - Supporting a fintech that reaches out to small and medium enterprises in Colombia

Sempli SAS

Supporting a fintech that reaches out to small and medium enterprises in Colombia

Colombia

Equity

Partners in which Oikocredit has taken an equity investment.

The fast-growing fintech Sempli, founded in 2016, is the leading online lending platform in Colombia for small and medium enterprises (SMEs).

Sempli offers working capital loans of between US$ 10,000 and US$ 100,000 for periods of between 3 and 36 months. Sempli blends human and technology approaches in its lending process, using both a data-based credit scoring system (developed in-house) and a short on-site due diligence. The efficiency of this process combined with Sempli’s user-friendly online client interface allows the company to disburse loans in 72 hours, which is highly valued by Sempli’s SME clients.

Oikocredit’s new partnership with Sempli, coming into effect in 2018, will help the company further improve services and help it become the most relevant digital financial institution in Colombia in the SME sector.

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