Creditop

Creditop is a Colombian company that provides innovative financial solutions connecting retailers with accessible financing options for their customers, enhancing sales through installment payment capabilities. Founded in 2022, Creditop Colombia S. A. S.

operates from Bogota, Colombia, facilitating credit access for consumers in Latin America. The company has completed one deal to date, with its most recent funding round occurring on August 2025, Creditop raised USD 3. 7 million in venture funding led by Collide Capital, with participation from other investors Clocktower, Alaya Capital, Amador Holdings, Driven and Newtopia. Founded by Daniel Garzón.

Creditop specializes in providing financial solutions that connect retailers with financing options for their customers. Their primary offerings include a platform enabling merchants to issue their own lines of credit, facilitating purchases in both physical and online stores. This service addresses the challenge faced by a significant percentage of consumers in Latin America, where approximately 80% lack access to credit cards. By allowing customers to pay in installments without the need for a credit card, Creditop enhances sales potential, with merchants experiencing increases of up to 60% in sales.

The company serves a diverse range of clients, including retail businesses across various sectors in Latin American markets, looking to improve customer satisfaction and increase conversion rates through accessible financing solutions. Creditop's revenue model primarily revolves around transaction fees and partnerships with retail clients who utilize their financing platform. When a customer opts for financing at a participating retailer, Creditop processes the transaction, handles the credit analysis, and issues digital promissory notes for repayment. This system allows retailers to create an additional revenue stream through the sale of financed products, effectively transforming them into small banking entities akin to larger chains.

The pricing structure typically involves a percentage of the transaction value being retained as a fee by Creditop for facilitating the financing, aligning their revenue with the volume of transactions processed through their platform. Creditop plans to leverage its recent funding of USD 3. 7 mn raised in August 2025 to support product development and expand into new geographic regions. This growth strategy includes launching new financial products designed for retail sectors not currently covered by their offerings.

Specific markets targeted for expansion have yet to be detailed, but the company aims to enhance its footprint across Latin America.