Argentina-based rental start-up Alquilando has expanded to Colombia, the AIM Group has learned.

The company facilitates real estate rentals by eliminating the need of a co-signer or guarantor to close a rental contract.

It already operates in Argentina and in Lima, Peru, with a pilot project.

The company aims to expand to Mexico and eventually to Chile, according to a media report by La Republica.

In Colombia, it will focus its operations in the cities of Bogotá, Medellín, Cali and Barranquilla.

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