Fintech Monet Accelerates Its Growth Strategy Toward 2026

Fintech company Monet, focused on promoting financial inclusion through small loans, has outlined a growth roadmap looking toward 2026. With this strategy, the fintech company aims to expand its services to new countries while significantly increasing its loan placement capacity.

The plan reflects Monet’s intention to scale its operations while maintaining its focus on underserved populations that face barriers to traditional financial services.

A Roadmap Focused on Inclusion and Expansion

Recently, Monet announced the closing of a $24 million investment round structured through a combination of equity and debt. This milestone positions the company as one of the fintech firms with the greatest growth potential in the country. The funding round represents a vote of confidence from investors in Monet’s business model and long-term vision for inclusive finance.

According to the company, the new capital will be used to strengthen its technological infrastructure, expand national coverage, and optimize its risk assessment tools. These improvements are designed to allow Monet to reach a broader user base, particularly individuals with non-traditional financial profiles who are often excluded from the formal credit system.

Among the investors participating in the round is Ventures Comfama, which focuses on supporting high-impact social ventures. Other strategic partners were also involved, and the law firm Cuatrecasas provided legal support and advisory services throughout the funding process.

Monet Goals, Loan Growth, and Regional Expansion

Looking ahead to 2026, Monet projects the placement of 3.5 million loans, driven by strong demand for its products and its capacity to assess borrowers beyond conventional credit histories. A core objective of this approach is to combat predatory lending by offering accessible and responsible financial alternatives.

The company also announced plans to begin its expansion into Mexico during the final quarter of the year, marking the first step toward a replicable growth model across Latin America.

As part of this expansion phase, Monet intends to include Venezuelan migrants through a credit offering that does not require prior credit history or co-debtors. This initiative targets nearly two million people who have been regularized under the Temporary Protection Permit (PPT).

According to data shared by the company, more than 2.8 million Venezuelan migrants currently reside in Colombia, and approximately 1.9 million already hold authorized PPT status, as reported by Migración Colombia.

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(Featured image by Daniel Thomas via Unsplash)

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First published in Valora Analitik. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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