IDB Invest

BAC Credomatic is a retail banking organization operating across multiple countries in Central America and the Caribbean, including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, the Bahamas, the United States, and Grand Cayman. The company provides a diverse array of financial products and services designed to meet the needs of its customers. BAC Credomatic is committed to continuous improvement and innovation while maintaining a strong focus on excellence and creativity in its operations.

Banco de Occidente is a commercial bank headquartered in Cali, Colombia, and ranks as the fifth largest bank in the country by asset size and portfolio as of mid-2016. Established in 1951, it operates as a subsidiary of Grupo Aval Acciones y Valores. The bank provides a wide range of financial products and services, including savings and current accounts, credit and debit cards, personal loans, insurance, and foreign trade services. Additionally, it offers leasing options and equipment credit, catering to both individual and business clients. Banco de Occidente has a national presence, with a network comprising 241 branches, 336 ATMs, and 9,671 banking correspondents, ensuring accessible banking solutions for its customers.

RecargaPay is a Brazilian Super App that simplifies everyday payments for consumers and small to medium-sized enterprises (SMEs). It serves over 6 million users by consolidating various payment methods, including credit and debit cards, instant payments like Pix, and Open Finance, aiming to enhance the payment experience in the country. The platform offers a range of services such as bill payments, mobile top-ups, public transportation payments, installment plans, and loans, all designed for convenience and flexibility. By catering to both banked and unbanked individuals, RecargaPay is transforming how Brazilians manage their financial transactions. Founded in 2010, the company has raised over $120 million in funding from notable investors, and it is recognized as a Payments Institution and SCD by the Brazilian Central Bank.

Banco Sofisa is a commercial bank based in Brazil that offers a range of banking and financial services to both businesses and individual customers. The bank is dedicated to providing various financial solutions tailored to meet the needs of its clients, ensuring accessibility and efficiency in its operations. Through its comprehensive service offerings, Banco Sofisa aims to support the financial growth and stability of its customers in the Brazilian market.

AlphaCredit is a financial platform based in Mexico City that operates as a non-banking financial institution focused on providing accessible credit solutions to individuals and small businesses. The company offers fast and affordable credit lines through a programmed deduction system, resulting in low default rates and competitive interest rates. It has extended more than 514,000 credits to over 310,000 clients, primarily in Mexico and Colombia, and employs more than 1,200 individuals. AlphaCredit's product offerings include consumer credit for public and private sector employees, pensioners, and independent contractors, as well as financial solutions for small and medium-sized enterprises, such as factoring, leasing, and productive credits. The company emphasizes innovation and technological development in its financial services, distributing products through mobile applications to enhance customer access and control over their finances.

Banco Davivienda S.A., founded in 1972 and headquartered in Bogotá, Colombia, is a prominent banking institution that provides a wide range of financial products and services to individual and corporate clients. The bank specializes in retail banking, commercial banking, housing finance, and services tailored for small and medium enterprises. Its offerings include various deposit accounts, loans for consumers and businesses, asset and wealth management services, insurance agency services, credit cards, and payroll loans. With a presence in Colombia, Panama, Costa Rica, Honduras, El Salvador, and Miami, Banco Davivienda operates approximately 725 branches and over 2,600 ATMs, serving more than 6.6 million customers. As a subsidiary of Grupo Bolívar S.A., it is recognized as the third-largest bank in Colombia by assets and profits, employing a workforce of over 15,000.

Banco Promerica de Costa Rica, S.A. is a financial institution based in Escazú, Costa Rica, providing a wide range of banking and financial services for individuals and businesses. The bank's offerings include various types of accounts such as savings and current accounts, as well as mortgage and personal loans. Additionally, it provides debit, credit, and gift cards, along with insurance products covering health, life, and accidents. Banco Promerica also engages in foreign trade services, facilitating letters of credit, collections, and local and international transfers. Further services include e-factoring, digital signatures, and online banking, which enhance customer convenience and efficiency. The bank emphasizes building strong, lasting relationships with its clients and partners, contributing to the development of the Costa Rican economy.

Banco Daycoval S.A. is a financial institution based in São Paulo, Brazil, established in 1968. The bank offers a wide range of banking products and services that cater to both corporate and individual clients. Its offerings include check cashing, working capital lines, corporate and personal loans, vehicle financing, and credit cards. Additionally, Banco Daycoval specializes in agribusiness credit, long-term financing for machinery and investment projects, and various forms of guaranteed credit. The bank also provides foreign exchange services, including prepaid currency cards, and transactional accounts for international trade. With a network of 36 branch banks focused on business credit, along with numerous consumer credit locations and currency exchange outlets, Banco Daycoval is well-positioned in the Brazilian financial market. The company also engages in asset management, investment funds, and offers life insurance and pension plans, making it a comprehensive provider of financial solutions.