What Bancamia does

Bancamia (legal name: Banco de las Microfinanzas - Bancamia S.A.) is a private Colombian microfinance bank founded in 2008 as a joint initiative of Fundación Microfinanzas BBVA, Corporación Mundial de la Mujer Colombia, and Corporación Mundial de la Mujer Medellín. It operates as Colombia's first dedicated microfinance bank, serving microentrepreneurs, women entrepreneurs, agricultural producers, and Venezuelan immigrants at the base of the economic pyramid through a national branch network, correspondent banking agents, mobile banking (Banca Móvil), virtual office, WhatsApp service, and Bre-B QR payment channels.

The core product portfolio centers on microcredit (including the Crediverde green credit lines for agricultural adaptation, water, and energy), complemented by savings accounts, CDT term deposits, debit cards, insurance distribution, international remittance processing, government subsidy disbursement, and currency exchange. Underlying technology consists of a digital banking infrastructure connecting these offerings through the Bre-B national QR ecosystem (63% of digital transactions as of 2026), PSE online payments, Transfiya interbank transfers, and an advisory-based underwriting model that does not require prior credit history. The bank also operates non-credit platforms — Creciendo Juntos for financial education and EMPROPAZ for peacebuilding and gender equity — that anchor its social mission.

The business model combines interest income from microcredit with deposit spread economics (savings and CDT), transaction fees across digital and physical channels, insurance commissions, remittance fees, and government service fees. Distribution is hybrid: physical offices and field advisors visit microbusinesses directly to originate loans, while digital channels scale transactional activity. Bancamia is supervised by the Superintendencia Financiera de Colombia and benefits from Fogafin deposit insurance, providing regulatory credibility to underserved borrowers. Backed by the BBVA Group's microfinance foundation, the institution occupies a defensible niche as a regulated, mission-oriented bank competing for a long-tail of borrowers that mainstream banks underserve.

Name

Bancamia

Legal name

Banco de las Microfinanzas - Bancamía S.A.

Website

https://bancamia.com.co

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bancamia is Colombia's first dedicated microfinance bank, founded in 2008 and backed by Fundación Microfinanzas BBVA, providing microcredit, savings, payments, and financial education services to microentrepreneurs, women business owners, agricultural producers, and Venezuelan immigrants nationwide.

Ownership category

akta.pro rank

Product category

Microfinance Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industries

SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Microenterprise Group Lending (Joint Liability) (FSAKAGAH), Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), Microfinance & Community P2P Lending (FSAKAHAD), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Microfinance banking
• Microcredit lending
• Financial inclusion services
• Savings accounts
• Digital banking channels

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Microcredit Lending: Primary revenue stream from providing microcredits to microentrepreneurs for investment and working capital. Loans are offered for both urban and agricultural sectors with fixed quotas and flexible requirements.
2. Savings Accounts: Savings products that generate deposits and allow customers to build financial reserves with accessible terms.
3. CDT (Term Deposits): Fixed-term deposit products for customers seeking to grow their savings over specific periods.
4. Insurance Products: Voluntary insurance options offered to protect microbusinesses and their assets.
5. International Remittance Processing: Services for receiving international money transfers, particularly serving Venezuelan immigrant population.
6. Government Subsidy Distribution: Distribution of government subsidies and social programs to eligible beneficiaries.
7. Transaction Fees: Fees from digital payment services including PSE transactions, ATM withdrawals, and other banking operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels10 records

Marketing channels6 records

Core offering

Bancamia is Colombia's first microfinance bank, founded in 2008 and backed by Fundación Microfinanzas BBVA. It provides microcredit, savings accounts, CDT term deposits, debit cards, insurance, and digital banking services (mobile app, virtual office, QR/PSE payments, Transfiya) to microentrepreneurs and underserved populations across urban and rural Colombia. It also distributes government subsidies, processes international remittances, and runs financial education programs (Creciendo Juntos, EMPROPAZ).

Product overview

Bancamía is Colombia's first microfinance bank (established 2008), backed by Fundación Microfinanzas BBVA. The institution operates as a unified financial services platform offering a comprehensive portfolio centered on microcredits (including green credit lines called Crediverde), savings accounts, CDT term deposits, and debit cards. Digital channels include mobile banking (Banca Móvil), virtual office (Oficina Virtual), QR payments (QR Bancamía and Bre-B ecosystem), and Transfiya transfers. Complementary services encompass insurance products, international remittances, government subsidies, currency exchange, and a correspondent banking network. Financial inclusion is supported through education platforms including Creciendo Juntos (financial health) and EMPROPAZ (equitable banking education). The bank serves microentrepreneurs across urban and rural Colombia, including Venezuelan immigrants, with tailored financing products such as Empoderados PLUS for established businesses requiring larger amounts.

Differentiator

Problem solved

Functional benefit

Brands

• EMPROPAZ: A financial education and inclusion program created especially for women, providing products, services, and inspiring stories to support personal and financial progress.
• Creciendo Juntos
• Crediverde
• Empoderados PLUS
• Bre-B
• Bancamía Móvil
• Oficina Virtual
• Nosotros con ellas

Products and services

• Microcreditos (Creditos) Microloans designed to support small businesses and microenterprises for fixed assets (machinery, equipment, real estate) and working capital (raw materials, supplies, inventory). Loans are offered for urban and agricultural sectors with fixed quotas and flexible requirements, no prior credit history required.
• Crediverde (Green Credit Lines) Specialized green financing lines for agricultural producers: Crediverde Agua (water projects), Crediverde Adaptación (climate adaptation), and Crediverde Energía (energy projects). Targets farmers and rural producers in Colombia seeking financing for sustainable investments.
• Cuenta de Ahorros (Savings Account) Savings account products enabling customers to deposit and grow their money with accessible terms. Designed for microentrepreneurs and underserved populations who need basic banking services to build financial reserves.
• CDT (Certificados de Deposito a Termino) Fixed-term deposit certificates offering fixed returns for predetermined periods. Enables customers to grow savings over specific terms with predictable yields.
• Tarjeta Debito (Debit Card) Debit card enabling ATM withdrawals, point-of-sale purchases, and digital payments for account holders.
• QR Bancamia QR code-based payment system for peer-to-peer and merchant transactions within the Bancamia ecosystem. Integrated into the Bre-B national QR payment system.
• Seguros (Insurance Products) Voluntary insurance options offered to protect microbusinesses and their assets against unforeseen events.
• Pago de Giros Internacionales (International Remittance Payment) International remittance payment service allowing customers to receive money transfers from abroad. Particularly serves Venezuelan immigrant population in Colombia.
• Subsidios del Gobierno (Government Subsidies) Distribution of government subsidies and social programs to eligible beneficiaries. Helps customers access and manage public economic benefits.
• Cambio de Billete y Moneda (Currency Exchange) Currency exchange services for customers needing to exchange bills and coins.
• Banca Movil (Mobile Banking App) Mobile banking application available on Google Play and Apple App Store providing digital access to accounts, payments, and banking transactions.
• Oficina Virtual (Virtual Office / Online Banking) Online banking portal for account management and transactions accessible via web browser.
• Bre-B (National QR Payment Ecosystem) National QR payment ecosystem enabling interoperable digital payments across Colombia, integrated into Bancamia's digital banking ecosystem. As of 2026, Bre-B accounts for 63% of Bancamia's digital transactions.
• Transfiya (Instant Interbank Transfers) Real-time interbank peer-to-peer transfer service for instant money transfers between Colombian banks.
• Empoderados PLUS (Premium Microcredit) Premium financing product offering amounts exceeding $35 million COP with preferential rates, personalized advisor support, and savings/investment solutions targeting established microenterprises.
• Creciendo Juntos (Financial Health Platform) Financial health platform offering education, workshops, and tools to help microentrepreneurs improve their financial wellbeing and business management skills.

Quantifiable outcome

• 63% of digital transactions are processed through Bre-B QR payment system
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Corporacion Mundial de la Mujer ColombiacoreStrategic or Co-development PartnerOne of the founding organizations of Bancamia in 2008, contributing to the bank's mission of serving microentrepreneurs and women-owned microbusinesses.
• Corporacion Mundial de la Mujer MedellincoreStrategic or Co-development PartnerOne of the founding organizations of Bancamia in 2008, contributing expertise in women's microfinance and community development.
• BBVA ColombiaflagshipStrategic or Co-development PartnerBBVA Colombia and Bancamia jointly operate scholarship programs for children of vulnerable microentrepreneurs. In 2026, they opened a call for 6 university scholarships and the Queen of Spain received 5 Colombian scholarship recipients from this program.
• Empropaz Program PartnerscoreStrategic or Co-development PartnerEMPROPAZ is a peacebuilding and financial inclusion program operated by Bancamia, featuring stories, videos, and educational courses for participants. The program focuses on women and vulnerable populations and is part of Bancamia's social mission.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Nequi: Colombian digital wallet and payments platform (Bancolombia subsidiary) increasingly extending into microcredit and merchant services, competing for the same informal and microentrepreneur transactional and credit relationships Bancamia cultivates.
• Addi: Colombian fintech providing buy-now-pay-later and small-ticket credit to consumers and microentrepreneurs digitally. Competes with Bancamia for the same microentrepreneur wallet with materially lower cost-to-serve via mobile-first onboarding.

Broad incumbents

• Bancóldex: Colombian development bank focused on SME and entrepreneurship financing. While broader than microenterprise, Bancóldex channels credit lines that ultimately compete for the same Colombian microentrepreneur and SME segments Bancamia serves.
• Banco Agrario de Colombia: Colombian state-owned commercial bank with deep rural branch network and agricultural lending portfolio, competing with Bancamia in agricultural microcredit (Crediverde) and rural deposit gathering across underserved geographies.

Direct peers

• Bancompartir: Colombian microfinance institution providing credit, savings, and financial inclusion products to microentrepreneurs and low-income populations. Operates a branch-based advisory model directly comparable to Bancamia's microcredit and savings franchise.
• Fundación Mundo Mujer: Colombian non-profit microfinance institution providing credit, savings, and capacity-building services to women microentrepreneurs — a peer in mission-aligned financial inclusion, particularly overlapping Bancamia's women-focused programs.
• Crezcamos: Colombian microfinance lender focused on productive microcredit and financial inclusion for microentrepreneurs, operating with branch and digital channels in overlapping geographies with Bancamia.
• Banco W (Colombia): Colombian microfinance-focused bank targeting women microentrepreneurs and low-income entrepreneurs with credit, savings, and financial education products — overlapping directly with Bancamia's EMPROPAZ and 'Nosotros con Ellas' segments.

Regional players

• Compartamos Banco: Mexican microfinance bank with a comparable group-lending and microcredit model serving base-of-pyramid entrepreneurs. Serves as the most relevant Latin American reference for Bancamia's microfinance business model and economics.
• Banco Ademi: Dominican Republic microfinance-oriented bank with comparable branch-and-advisory microcredit model and financial-inclusion mission. Useful Latin American benchmark for Bancamia's operating model, even though geographies do not overlap directly.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCVOChncL1dIQYHtDR0nOWyg
• Facebookfacebook.com/bancamiaoficial
• LinkedInlinkedin.com/company/banco-de-las-microfinanzas---bancamia-s.a.
• Instagraminstagram.com/bancamiaoficial
• TikToktiktok.com/@bancamia.oficial
• Xx.com/bancamiaoficial

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bancamia