# Finkargo: Financial services, Bogota, Colombia

> Finkargo: Finkargo is a financial technology company based in Latin America, founded in 2021. Based in Bogota, Colombia. Founded 2021.

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

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

# Finkargo

Finkargo is a financial technology company based in Latin America, founded in 2021.

Funding reported Last round: Series A

Financial services Bogota, Colombia

Company summary

- **Founded:** 2021 5 years old
- **Team:** 150 51 to 200 people
- **Funding reported:** 102.5M as listed, currency not stated
- **Last round:** Series A Nov 2023

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 Finkargo 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 Finkargo

Finkargo is a financial technology company based in Latin America, founded in 2021.

It operates the first import financing platform for foreign trade in the region, focusing on small and medium-sized enterprises (SMEs) in Colombia and Mexico. Finkargo aims to accelerate international trade by providing an integrated suite of services, including trade financing, logistics, cargo insurance, supplier verification, and supply chain management. The company is led by Santiago Molina (CEO), Andrés Ferrer (Integrator/President), and Tomas Shuk (Chief Revenue Officer), with dual headquarters in Bogotá, Colombia, and Mexico City, Mexico. Finkargo has raised over $105 million in funding, including a $20 million Series A round. It serves an estimated 27.5 million MSMEs in Latin America, having facilitated trade for over 250 customers and financed more than 2,000 import operations totaling over $200 million. Finkargo combines capital access with logistics and verification services, offering a comprehensive solution for SMEs looking to expand their foreign trade operations.

## What company datasets say Finkargo raised

Funding, as reported

Reported in all **102.5M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **20M**

Last round date **Nov 2023**

Investors listed **8**

## On 3 portfolio pages

Investors who name them

- [Latitud](https://millionrounds.com/fund/latitud)
- [Xochi Ventures](https://millionrounds.com/fund/xochi-ventures)
- [Lab Capital](https://millionrounds.com/fund/lab-capital)

Each firm lists Finkargo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

market access finance and insurance trade reporting international shipping real-time tracking consumers trade data analysis logistics management cargo insurance digital financial management tools distribution inventory management trade financing trade data security latin america trade risk assessment trade supply chain

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront WordPress.org HREF Lang Atlassian Google Workspace Conduit Viewport Meta Amazon Simple Email Service

+8 more

Hubspot AI Google Meet Amazon Elastic Load Balancer Google Font API MySQL Mobile Friendly Amazon Route 53

- **Sector:** Financial services
- **Industry code:** NAICS 54161, 522299, 488510, SIC 6099
- **Region:** Bogota
- **Revenue:** 48.7M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/finkargo)

## 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)
- [**Cobre** Bogota · founded 2019](https://millionrounds.com/startup/cobre)

## Is this your company?

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