trending Market Intelligence /marketintelligence/en/news-insights/trending/sLHV-ZSOwsOtOytUVceJZA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Colombian fintech Finsocial eyeing banking license

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Colombian fintech Finsocial eyeing banking license

Finsocial SAS, a Colombian credit financial technology firm, is looking to gain approval to operate as a bank or regulated financing company in 2020, CEO Santiago Botero told La República in an interview.

Finsocial has hired a financial structuring company to help it through the process with Colombia's financial superintendent.

At present, Finsocial's focus is on lending to public sector teachers and pensioners. Earlier in the week, Morgan Stanley made an investment of US$125 million in Finsocial, to be used for new loans. Following that investment, the company aims to boost its credit portfolio to 700 billion Colombian pesos in 2020 from 450 billion pesos currently.

According to Botero, the company has made loans of 30 billion pesos each month during 2019, and expects monthly placements will surpass 40 billion pesos per month next year.

As of Dec. 18, US$1 was equivalent to 3,324 Colombian pesos.