Finance: Medellín
Key Facts
—Deal. Grupo Cibest, the holding company of Colombia’s Bancolombia, closed its purchase of 100% of the shares of fintech Avista Colombia, completing the deal on 3 August 2026.
—Focus. Avista is a “silver-economy” lender specializing in libranza, or payroll-deduction credit, aimed mainly at pensioners and salaried workers.
—Scale. In seven years Avista has served more than 146,000 Colombians, with cumulative disbursements near COP2.9 trillion (about US$716 million) and a portfolio of COP1.5 trillion (about US$370 million) at June 2026.
