26
R E F I N A N C I A | R E F E R E N C I A
KENNETH MENDIWELSON
Colombia
Kenneth is the Founder of Refinancia, a consumer loan servicer for the Colombian market.
Refinancia specializes in the acquisition of non-performing loan (NPL) portfolios from banks.
While financial services dealing with NPLs are relatively common in developed markets,
Refinancia is one of the first companies in Colombia to tackle this market with a unique program
for loan collection built around always treating the debtor as a respected client and not a
"defaulted loan." Kenneth is now launching a new company, Referencia, offering installment
loans to consumers at the point of sale.
R 5
FERNANDO SUCRE | PABLO ARMIDA
Colombia
R5 is building a digital bank in Colombia. Their first product (mandatory car insurance "SOAT")
became the country's leader across online channels in just 7 months. Their second product is
an asset-backed loan for near-prime consumers in Colombia that uses assets (car, motorcycle
or home) as collateral to offer better rates, larger amounts and longer terms.
