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Deal Cases

Deetken Impact | Puntored

12 June 2024


In February 2020, Deetken Impact invested in Puntored, a Colombia-based alternative payment methods company that provides digital financial services to small business owners who can serve as banking correspondents for customers in isolated communities.

With Deetken Impact’s support, Puntored launched Veci, a mobile application for small business owners to manage digital payments. The company comprises nearly 70,000 mom-and-pop stores, small businesses and supermarkets spread over 938 municipalities in Colombia, reaching 92% of the national territory. By the end of 2023, Puntored had processed nearly 250 million financial transactions and doubled its revenues since Deetken Impact’s initial investment in 2020. By increasing access to digital financial services, Puntored continues to support the development of entrepreneurs.