Krealo Expands in Colombia with Investment in Akua

Krealo, the corporate venture capital arm of the Credicorp Group, has made its fourth investment in Colombia, this time in Akua, a payment processing platform for Latin America powered by artificial intelligence. According to Credicorp’s statement, Akua is a cloud-native payments operating system directly connected to Visa and Mastercard. It uses AI to enhance transaction security, efficiency, and approval rates.

Akua’s platform integrates multiple features including transaction processing, link payments, tokenization, Tap to Phone technology, certified banking security, and a real-time Payments Hub. Designed as a comprehensive solution for the digital transformation of commerce, it enables merchants and companies to process and accept card payments swiftly and safely through its cloud-based infrastructure.

Strengthening Krealo’s Fintech Footprint in Latin America

This investment marks Krealo’s fourth in Colombia and fourteenth across Latin America. Since its founding in 2018, Krealo has focused on actively contributing to the growth of the region’s fintech ecosystem. The company seeks to foster innovation and gain deeper insights into financial technologies that drive inclusion and efficiency in digital transactions.

Adolfo Vinatea, CEO of Krealo, stated, “We invested in Akua because of the opportunity it represents to continue increasing our learning in the payment transaction ecosystem from the Credicorp Group, keeping us at the forefront to continue strengthening this line of business.” His comments reflect Krealo’s strategic intent to remain a leader in digital payment innovation through targeted investments in emerging fintech firms.

Akua’s CEO and co-founder, Carlos Marín, highlighted that their platform was “designed from scratch in the cloud,” enabling “a new generation of companies to scale digital payments seamlessly in Latin America.” With this partnership, both companies aim to accelerate the region’s adoption of advanced, secure, and scalable payment solutions powered by artificial intelligence.

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(Featured image by Vagaro via Unsplash)

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