Ninety One backs Avista with $10m for inclusive lending

July 10, 2025

Avista, a leading FinTech company specialising in lending and insurance solutions for the payroll and pension markets in Colombia, has secured a new investment to expand financial inclusion for the country’s Silver Economy.

The company has raised $10m through an international private securitisation, with the funding provided by global investment manager Ninety One via its Emerging Market Private Credit Platform.

The Rohatyn Group (TRG) acted as the administrative agent and arranger for the transaction.

Avista, founded in 2019, is focused on delivering payroll lending to under-banked pensioners across Colombia. With a fully digital and paperless origination process, Avista has become a leader in its segment, serving thousands of clients in every department across the country and originating over $450m in payroll loans to date.

The newly raised funds will be used by Avista to originate additional payroll loans for underserved pensioners throughout Colombia. The move aligns with the firm’s mission to provide accessible and responsible credit to the country’s underbanked senior population.

Ninety One director in emerging market alternative credit Melissa Ventura said, “Ninety One’s goal is to provide long-term investment returns for our clients while making a positive difference to people and the planet, and Avista’s robust digital infrastructure and social mission align with this.

“This investment reflects our conviction in Avista’s ability to scale sustainably, expand access to credit for Colombia’s underserved communities, and deliver strong, impact-driven returns to our investors.”

Avista co-founder and co-CEO Martín Restrepo said, “We are proud to deepen our relationship with TRG and welcome Ninety One as a new partner. Their global reputation and investment expertise further reinforce Avista’s position as the most trusted fintech in Colombia among institutional investors.

“TRG’s continued trust in Avista—beginning with our first private international securitization and now with this new international note validates our strong track record and leadership in inclusive, impact-driven growth.”