Pronus, a dedicated Colombian firm, among others, to the structuring, financial and regulatory of financed entities, announced the completion of the process of Constitution, licensing and fusion of KOA Financing Company, a new entity guarded by the Financial Superintendence of Colombia.
Read: Pronus will structure the first title of Excelcredit Libranzas
According to Pronus, Koa arises as the evolution of Excelcredit, a Fintech that since 2013 granted credit for pensioners and public employees, especially in strata 1 and 2. With more than 65,000 users and a portfolio exceeding $ 850,000 million, Excelcredit was consolidated as a reference in rural financial inclusion.
In 2023 KOA is constituted and in 2024 its fusion with Excelcredit was completed. Finally, in June 2025, the Superfinanciera authorizes its operation as a financing company, consolidating its passage to a regulated and innovative entity.
Digitization
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According to Pronus, KOA represents a new type of financial entity: digital, human and client centered. Its approach remains the credit for Libranza, but now also includes savings products such as digital CDTS, designed to offer safe and profitable alternatives to those who previously did not have access to the formal financial system.
Camilo Zea, CEO of Pronus said that the firm that leads, supported the structuring, financial and regulatory of KOA and noted that this achievement reaffirms its commitment to the development of financial entities with purpose, that combine innovation, regulation and true social impact contributing to the construction of a more fair, efficient and human financial system.
Camilo Zea, CEO Pronus.
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