Strategic partner for microfinance bank brings growth opportunities in accessible finance and social development
Deal Flash
Banco W, a Colombia-based financial institution offering solutions to small businesses and independent workers, has had 51% of its shareholding acquired by Fundación Grupo Social, a social impact organization focused on financial inclusion and social development.
Banco W is a microfinance bank that was established by Fundación WWB Colombia in 2011, and has its headquarters in Cali, Colombia. Its primary goal is to facilitate access to socially and economically disavantaged sectors, primarily by granting loans to micro and small businesses with a particular emphasis on women-led ventures. Banco W offers various types of loans and lines of credit, credit cards, time deposits, savings accounts, insurance and international money transfer services.
Fundación Grupo Social is a Colombian non-profit organization with over a century of experience promoting inclusive development. Headquartered in Bogotá and rooted in Catholic social teaching, the foundation works to advance human dignity and reduce inequality by supporting initiatives that foster social and economic inclusion. Through its broad network of affiliated organizations, including entities in finance, education, health and community development, Fundación Grupo Social focuses on empowering vulnerable populations, strengthening civil society, and promoting ethical business practices that contribute to the common good.
It has been a true pleasure working with the Oaklins team in Colombia, whose continuous support over the past eight years has been instrumental in consolidating our bank’s operations and identifying the ideal partner for the next chapter of our institution. Their deep knowledge of the local microfinance sector helped us confidently navigate complex discussions. Oaklins’ strategic advice and professional expertise were essential in structuring a deal that fully aligns with our mission to empower small businesses, vulnerable communities and women-led initiatives. Their hands-on approach and dedication were key to achieving a successful closing, ensuring Banco W can continue to make a meaningful impact on our society.DANIELA KONIETZKO, PRESIDENT & CEO, FUNDACIÓN WWB, COLOMBIA
Oaklins was instrumental in facilitating this deal
Oaklins’ team in Colombia acted as the exclusive sell-side advisor to Fundación WWB. This transaction adds to the team’s extensive experience in the financial services sector.
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