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Lleida.net signs three-year contract with Bancolombia

Lleida.net signs three-year contract with Bancolombia

Banking & FinanceColombiaTop Stories

Spanish technology company Lleida.net has signed a three-year contract with Bancolombia, one of Latin America’s leading banks, to provide it with registered electronic signature services.

Grupo Bancolombia has more than 14 million customers, is Colombia’s largest bank and has a market share of 20% of the Colombian banking market.

From now on, Grupo Bancolombia will use Lleida.net’s services to sign contracts with collaborators, suppliers and clients, and expects to use them in the future to reliably process product contracting, credit and collection management.

“Colombia has always been one of the main target countries in our international growth and expansion strategy. Signing of this important agreement with Bancolombia will allow us to serve one of the region’s major players,” said Sisco Sapena, CEO and Founder of Lleida.net.

The Spanish traded corporation – which provides services to banks such as Wizink, Bankinter, Banco Pichincha or Compartamos Financiera in Peru – has been working on a pilot basis with Bancolombia since March 2021.

The company, whose subsidiary in the Latin American country dates back to 2014, expects this contract to represent 25% of its total operation in Colombia in three years.

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