# Minka Colombia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/minka-colombia

- Industry: Software
- Headquarters: Bogota, Colombia
- Website: www.minka.io
- Total disclosed funding: $15M
- Latest round: Series A (Mar 3, 2022)
- Investors on record: 8

## About

Founded in 2018 and based in Bogota, Colombia, Minka Colombia SAS operates as a developer of a cloud-based banking software company. Minka initially started as an R&D company focused on building a payments protocol and then won an RFP to automate Colombia’s payments infrastructure. The company was founded by its CEO, Domagoj Rozic. In April 2022, Minka Colombia SAS raised USD 24 million in Series A funding co-led by Tiger Global Management and Kaszek Ventures, FinTech Collective. 

Minka Colombia offers an open network that allows organizations such as banks and clearinghouses to publish and move money in real time by exposing their closed, outdated core systems to the web. Additionally, the company also offers interbank transactions such as mobile wallets, handles online tax collection, and facilitates digital currency and cryptocurrency transfers, money management, and balances. Minka Ledger, is a microservice that enables organizations to publish and move balances on the network. Minka Bridge enables organizations to exchange balances with thousands of institutions using a single integration. 

The company generates revenue by building cloud financial solutions for money.

## Funding rounds

- Series A, Mar 3, 2022, $12M — Tiger Global Management, Kaszek Ventures, FinTech Collective
- Seed, May 15, 2020, $3M — DEG, MasterCard Investment, Collaborative Fund, FinTech Collective, Colle Capital, Carvajal Tecnología y Servicios SAS

## Investors

- DEG — Seed
- MasterCard Investment — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed, Series A
- Colle Capital (https://capitalatlas.ai/funds/colle-capital) — Seed
- Carvajal Tecnología y Servicios SAS — Seed
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series A