# Cobre: Financial services, Bogota, Colombia

> Cobre: Cobre is a fintech company based in Bogotá, Colombia, founded in 2019. Based in Bogota, Colombia. Founded 2019.

Source: https://millionrounds.com/startup/cobre (Millionrounds; every figure on the page links to its filing or article)

Colombia · [Financial services startup](https://millionrounds.com/companies)

# Cobre

Cobre is a fintech company based in Bogotá, Colombia, founded in 2019.

Funding reported Last round: Series B

Financial services Bogota, Colombia

Company summary

- **Founded:** 2019 7 years old
- **Team:** 210 201 to 1,000 people
- **Funding reported:** 66.2M as listed, currency not stated
- **Last round:** Series B Sept 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cobre has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cobre

Cobre is a fintech company based in Bogotá, Colombia, founded in 2019.

It focuses on building financial infrastructure for businesses in Latin America, facilitating fast and automated payment processing primarily in Colombia and Mexico. Officially launched in 2020, Cobre aims to address enterprise money movement challenges and plans to expand its services to Mexico in 2024. The company offers a financial management platform that centralizes treasury operations, including reconciliation, collections, and instant transfers. Key solutions include Cobre Connect, which allows for payment initiation and cash flow management, as well as local and cross-border payment options. Cobre's platform supports real-time business payments and provides tools for optimizing treasury operations, making it easier for large and medium-sized businesses to manage their financial processes efficiently.

## What company datasets say Cobre raised

Funding, as reported

Reported in all **66.2M** in the source's currency

Last round **Series B**

Last round size **35M**

Last round date **Sept 2024**

## The company, in detail

What they build

Known for

multi-bank account management high-volume transaction processing high-volume payments latam payments real-time cross-border payments payment compliance digital payments consumers payment cost reduction payment security reserve api for fintechs crossborder payments distribution digital payment platform transaction monitoring

Built with from their website

Docker Salonist WhatsApp Business Platform HubSpot Sales Hub Amazon DynamoDB Google Tag Manager Confluent Amazon CloudFront Hotjar Tableau

+8 more

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- **Sector:** Financial services
- **Industry code:** NAICS 522320, 541512, SIC 7375
- **Region:** Bogota
- **Revenue:** 15M a year, as listed

## Financial services in Colombia

Startups like it

- [**Addi** Bogota · founded 2018 *Raised*](https://millionrounds.com/company/addi)
- [**WELLI** Bogota · founded 2022 *Raised*](https://millionrounds.com/company/welli)
- [**duppla** Bogota · founded 2022 *Raised*](https://millionrounds.com/company/duppla)
- [**Quipu** Bogota · founded 2019 *Raised*](https://millionrounds.com/company/quipu)
- [**Guama** Bogota · founded 2023 *Raised*](https://millionrounds.com/company/guama)
- [**KLYM** Bogota · founded 2018](https://millionrounds.com/startup/klym)
- [**Bold** Bogota · founded 2019](https://millionrounds.com/startup/bold-3)
- [**Finkargo** Bogota · founded 2021](https://millionrounds.com/startup/finkargo)

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