Mono and Bancoomeva bring Bre-B instant payments to retail, logistics, lending and telecom companies in Colombia

Bre-B has mostly been discussed as a way for individuals to move money between accounts. Mono and Bancoomeva are pushing it into a different use case: letting Colombian businesses collect and disperse funds in real time without building banking infrastructure from scratch. For PSPs and merchants, the point is less “faster payments” in the abstract and more fewer manual reconciliations, faster payouts, and less money sitting around waiting for a banking process to catch up.

1. Mono and Bancoomeva announced an alliance for companies in retail, logistics, lending, solidarity economy, marketplaces, gaming and telecommunications to use Bre-B for collections and payouts. Bre-B is Banco de la República’s Instant and Interoperable Payments System, and it allows transfers between any bank or financial entity in less than 20 seconds, 24/7, including weekends and holidays.
2. The setup splits the work in the usual way these things do: Mono provides the technology and integration layer, while Bancoomeva acts as the financial entity and regulatory backing for the operation. In other words, Mono handles the plumbing; Bancoomeva sits on the regulated side of the table.
3. The pitch is aimed at fixing a very Colombian problem. More than 70% of transactions in Colombia are still made in cash, which means manual processes, delayed reconciliation, and money that does not move when it should. Mono says companies can integrate instant payments in a matter of weeks, under their own customer experience and without heavy technical development.
4. Juan Camilo Poveda, CEO of Mono, said many companies know Bre-B exists but do not know how to apply it to daily operations. He said Mono’s role is to “stay with the complicated part” so companies can plug in instant payments without large builds or technical expertise.
5. The article gives three concrete use cases. Lending companies that used to take 24 hours to disburse loans now do it in less than 20 seconds. In logistics, companies paying drivers after each delivery reported a 40% increase in operator retention. Retailers and ecommerce businesses removed cart abandonment caused by waiting for bank validation, while solidarity organizations use it to distribute aid and benefits with immediate records of who received what, and when.

The solution is already live in Colombia. Mono says 11 companies are currently using Bre-B through its infrastructure and have processed more than 35.000 transactions. Estimated implementation time is four to six weeks, depending on operational complexity.