Online microloan app in Colombia offering up to COP $500,000 with approval in minutes using Open Banking credit assessment.
Monet is a Colombian fintech app that provides small consumer loans of up to COP $500,000 with 30-day repayment terms and no interest, charging only a fixed service fee. The app uses Open Banking to securely read a user's bank transaction data—without storing credentials—to assess creditworthiness, and approves loans in minutes even for users with non-positive credit histories. Available via mobile app, WhatsApp, or web, with supported banks including Nequi, Bancolombia, Davivienda, DaviPlata, Scotiabank Colpatria, and Banco de Occidente. Monet is a product of Monet.