How much funding has R5 raised?

R5 has raised $7.0M in total funding, most recently a Series A round.

Who are R5's investors?

R5's investors include Global Founders Capital, Lendable, Accion, Magma Partners, Carao Ventures.

Where is R5 headquartered?

R5 is headquartered in Bogota, Colombia.

R5

R5 ® | SOAT con Descuento de Ley y Súper App

Bogota, Colombia · Founded 2018 · $7.0M raised

Fintech

Headquarters: Bogota
Founded: 2018
Business Model: B2C
Website: somosf1.com

Total Funding: $7.0M
Last Round: $7.0M Series AMay 2022
Rounds: 2

About

R5 (branded as SomosF1) is a Colombian digital bank building financial products — including insurance and online loans — designed to improve customers' financial health and expand access to financial services in Latin America. The company targets underserved consumers and small businesses with mobile-first lending and insurance products, aiming to compete with traditional banks through a fully digital experience.

Summary

R5 is a Fintech company based in Bogota, Colombia, founded in 2018. It has raised $7.0M in total across 2 rounds, most recently a $7.0M Series A round in May 2022. Investors include Global Founders Capital, Lendable and Accion.

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