Market & RegulationInvestment · $14M
Palomma Raises $14M for AI Rent Financing
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Why it matters
- →AI automates high-friction real estate underwriting using proprietary payment data.
- →Demonstrates scalable fintech model for fragmented Latin American markets.
- →Lean operational structure proves AI can replace large traditional teams.
Medellín-based startup Palomma has raised $14 million in Series A funding led by Cometa Ventures. The company provides AI-powered rent collection and financial products for landlords and tenants in Colombia, processing approximately $130 million in monthly payments. Co-founded by former Nubank executive Cipriano Echavarría, Palomma uses rental data to underwrite guarantees and financing, operating with just 18 employees. The funds will support expansion within Colombia and potential entry into Mexico and Brazil.
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- 1Dwelly raises $170M for AI rollup strategy
Sifted · July 28, 2026 · Background
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