Medellin's fintech runs on big firms. Bancolombia leads the way. Corporate arms and the city back the rest. Few pure VCs write cheques. Here are 11 investors backing Medellin fintech startups in 2026.
Medellin has few dedicated fintech VCs, so the big local firms drive most of the funding instead. Bancolombia sits at the center of it all, owning both Nequi and Wompi.
Ruta N and the state round out the picture with public money and programs. A handful of regional and pan-LatAm funds also fly in to write cheques.
You will end up pitching a mix of corporate arms, public agencies, and outside funds. Ellty keeps your numbers and your deck behind one link, so every backer sees the same story.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Bancolombia Ventures | Corporate VC (bank, Medellin) | US$100K-$5M | Fintech, inclusion, proptech | grupobancolombia.com |
| SURA Ventures | Corporate VC (insurer, Medellin) | Strategic minority | Fintech, insurtech, health | gruposura.com |
| Comfama Ventures | Corporate / impact CVC (Medellin) | Early-stage | Impact, fintech-adjacent | comfama.com |
| Veronorte | VC, now fund-of-funds (Medellin) | Into funds | Tech, cross-sector | veronorte.com |
| Capitalia Colombia | Angel network (Medellin) | Sub-US$500K | Tech, SME | capitaliacolombia.com |
| Velum Ventures | Seed VC, now inactive (Medellin) | Seed (historical) | Consumer, tech | velumventures.com |
| Ruta N | City innovation agency (connector) | City fund, not direct | Tech, fintech | rutanmedellin.org |
| Bancoldex / iNNpulsa | Govt dev bank + agency (Bogota) | Debt, fund-of-funds | All sectors | bancoldex.com |
| IDB Lab | DFI (development bank) | US$1M-$3M into funds | Fintech, inclusion | bidlab.org |
| Marathon Ventures | Colombian B2B VC (Bogota) | US$100K-$1.5M | B2B fintech, SaaS | Marathon Ventures on LinkedIn |
| Kaszek | Pan-LatAm VC (Brazil) | US$500K-$25M | Fintech, consumer | kaszek.com |
Pitch firms and funds from one link
Fintech backers study users, churn, and unit economics fast. Ellty shows who opened your numbers so you follow up first.
Start free 14-day trialWhat a fintech investor backs
Fintech backers want real users and revenue they can verify, and unit economics matter most of all. They look closely at churn and payback before anything else.
Growth has to look healthy, not just fast, and a clear pitch deck is what wins the room. Make the case for why now is the right moment.
Ellty gives each backer a single link to your materials. You can see exactly who opens your deck and when they do it.
We have a unique opportunity to capitalize on our competitive advantages and talent to transform lives.
11 Medellin fintech investors
1. Bancolombia Ventures
Bancolombia is Medellin's fintech engine.
Recent Activity: Owns Nequi and Wompi; backed Sempli
Sector Focus: Fintech, inclusion, proptech
Stage Focus: Early to growth
Check Size: US$100K-$5M
Location: Medellin, Colombia
Website: grupobancolombia.com
2. SURA Ventures
A big insurer's venture arm.
Recent Activity: Backs fintech and insurtech
Sector Focus: Fintech, insurtech, health
Stage Focus: Early to growth
Check Size: Strategic minority
Location: Medellin, Colombia
Website: gruposura.com
3. Comfama Ventures
Comfama backs impact-driven startups.
Recent Activity: Backed SME lender Sempli in 2025
Sector Focus: Impact, fintech-adjacent
Stage Focus: Early
Check Size: Early-stage
Location: Medellin, Colombia
Website: comfama.com
4. Veronorte
Veronorte now runs a fund-of-funds.
Recent Activity: Pivoted to a global fund-of-funds
LinkedIn: Veronorte LinkedIn
Sector Focus: Tech, cross-sector
Stage Focus: Fund-level
Check Size: Into funds
Location: Medellin, Colombia
Website: veronorte.com
5. Capitalia Colombia
Capitalia runs a Medellin angel network.
Recent Activity: Runs a Medellin angel network
LinkedIn: Capitalia Colombia LinkedIn
Sector Focus: Tech, SME
Stage Focus: Early, angel
Check Size: Sub-US$500K
Location: Medellin, Colombia
Website: capitaliacolombia.com
Give each backer one trackable link
Ellty logs when a backer opens your data room. Chase the keen ones first, not days too late.
Start free 14-day trial6. Velum Ventures
A Medellin seed fund, now paused.
Recent Activity: Acquired by Amplo; not investing
Sector Focus: Consumer, tech
Stage Focus: Seed (paused)
Check Size: Seed (historical)
Location: Medellin, Colombia
Website: velumventures.com
7. Ruta N
Medellin's innovation agency runs a fund.
Recent Activity: Runs a city fund for fintechs
Sector Focus: Tech, fintech
Stage Focus: Fund, programs
Check Size: City fund, not direct
Location: Medellin, Colombia
Website: rutanmedellin.org
8. Bancoldex / iNNpulsa
Colombia's state arms feed the funds.
Recent Activity: Feeds Colombian micro-VCs
Sector Focus: All sectors
Stage Focus: Fund-level
Check Size: Debt, fund-of-funds
Location: Bogota, Colombia
Website: bancoldex.com
9. IDB Lab
IDB Lab backs fintech and inclusion.
Recent Activity: Early backer of lender Sempli
LinkedIn: IDB Lab LinkedIn
Sector Focus: Fintech, inclusion
Stage Focus: Early, fund-level
Check Size: US$1M-$3M into funds
Location: Washington, USA
Website: bidlab.org
10. Marathon Ventures
An Antioquia-rooted B2B fund.
Recent Activity: Antioquia-rooted B2B fund
Sector Focus: B2B fintech, SaaS
Stage Focus: Pre-seed, seed
Check Size: US$100K-$1.5M
Location: Bogota, Colombia
Website: Marathon Ventures on LinkedIn
11. Kaszek
Kaszek is LatAm's largest VC fund.
Recent Activity: Active in Colombian fintech
LinkedIn: Kaszek LinkedIn
Sector Focus: Fintech, consumer
Stage Focus: Seed to growth
Check Size: US$500K-$25M
Location: Sao Paulo, Brazil
Website: kaszek.com
Why big firms lead
Medellin's economy runs on conglomerates, and many of them back fintech directly rather than through outside funds. Bancolombia owns some of the country's biggest fintechs outright.
SURA and Comfama invest alongside it, each with its own venture arm. Courting these corporate arms early gives you a real shot at the largest local cheques.
It is worth widening the net beyond the city too, so see our fintech investors guide as well. Ellty shows who actually studies your deck, tracking every open in one place.
How the city backs fintech
Ruta N runs a city fund that backs a long list of local startups, and it sits at the heart of Medellin's public support. Bancoldex feeds the micro-VCs underneath it, so the state quietly seeds much of the scene.
Treat this public money as early runway while you line up private rounds. Run clean due diligence prep so you are ready when those conversations start.
Share your documents through one virtual data room instead of scattered email attachments. Ellty logs every view, so you always know who has looked.
Raising fintech money in Medellin
Map out the corporate firms, the city programs, and the outside funds before you start, then line up warm intros to each one. A warm introduction still opens far more doors here than a cold email.
Track reads with document analytics so you can see real intent fast. Lock your files down with granular permissions and keep control over every view.
Ellty keeps your investor relations warm across a long raise without extra busywork. One trackable link carries your story from the first call to the close.
How to pitch a fintech investor
Show users and real revenue.
- 1.Show users and real revenue.Prove the model actually works with paying users, not just signups. Lead with the numbers that show real demand for your product.
- 2.Map churn, payback, and growth.Lay out churn, payback period, and growth so a backer can read the unit economics at a glance. Keep every figure clear and easy to trust.
- 3.Name your raise and runway.State exactly how much you are raising and how long it will last. Keep the ask tight and tie it to clear milestones.
- 4.Send one Ellty link to your deck.Share a single Ellty link instead of loose attachments to each investor. Watch who digs in so you know where the real interest sits.
How Ellty helps you land a fintech investor in Medellin
You have your Medellin fintech list ready. Set up a data room first.
- 1.Upload your deck, metrics, and model.Set access per backer.
- 2.Share one trackable link each.Each backer gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Medellin fintech investor questions
- Big firms and the city. Some funds fly in too.
- No, the bench is thin. Corporates lead instead.
- It owns Nequi and Wompi. It is the main force.
- Ruta N runs a city fund. Bancoldex feeds it.
- Often US$100K to US$5M. Debt rounds run bigger.
- Before your first investor call. Track who opens your deck.
