Bancolombia joins ‘Fintech Colombia’ industry association

Bancolombia has become the first traditional bank to join the leading fintech association in Colombia, a 10-month-old group that is aiming to cultivate a deeper ecosystem for the integration of financial services and technology within the country.

Juan Esteban Saldarriaga, president of Fintech Colombia, praised the Medellín-based bank for being “an entity at the forefront in this subject” and said he considers it a big win for the association to welcome the nation’s largest bank as a member. Bancolombia, said Saldarriaga, has a “philosophy of being open to startups in its innovation models” as well as “integration perspective with fintechs.”

Source: Finance Colombia