This post is also available in: Español (Spanish)Contxto – Colombian fintech, Puntored, will be investing just shy of US$6 million (COP$20 billion) into strengthening its network of 75,000 payment points.

Puntored attributed the investment to the impact investors at Adobe Capital.

This is where Puntored came in, since their network of payment points (indeed, this is their name in Spanish) facilitates one of the most basic transactions—economic exchange.

By turning brick-and-mortar venues, like shops, into payment points, the fintech was solving a crucial problem in one fell swoop.

The plan is to manage this by adding an additional 40,000 payment points to their network. | To read full story, visit https://startuparound.com/read/1582831807.286571/Fintech,-Puntored,-invests-US$6-million-into-payment-infrastructure?ref=audio_experience