“The goal with Belo is to reach one million users in Colombia this year”

▤ Summary

Belo is expanding its digital wallet offering in Colombia and aims to reach 500,000 to 1 million users there by year-end. The company already lets users open accounts, use a Visa international card, add local funds, and earn yield on balances. It is also working on credit products, including corporate credit and corporate cards. Belo plans to enable access to U.S. stock investments around September and is evaluating further expansion into new countries, including Venezuela.

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