Bayport Colombia began operations in 2011 and is part of the international financial group Bayport Management Ltd (BML). The company's mission is to promote financial inclusion by providing accessible credit solutions, primarily through the "libranza" or payroll deduction model. This model allows for loan repayments to be automatically deducted from a borrower's salary or pension, reducing risk and enabling credit access for individuals who might be underserved by traditional banking institutions. They focus on serving active and retired members of the public sector.

Founded in

Colombia