# OFG Ventures

OFG Ventures is a Venture Capital based in San Juan, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Juan, United States
- **Region:** North America
- **Address:** San Juan, Puerto Rico
- **Assets under management:** Undisclosed
- **Website:** http://www.ofgbancorp.com
- **LinkedIn:** https://pr.linkedin.com/company/ofg-corp

## Regulatory record

- **Reports private funds:** No

## About

OFG Ventures is a private equity firm based in San Juan, Puerto Rico. It focuses on a Venture Capital strategy. The firm is headquartered in its home city.

## Questions

### How does OFG Ventures source deal flow?

OFG Ventures sources opportunities through the bank's existing technology vendor relationships, industry conferences focused on banking technology, and inbound referrals from the broader Puerto Rican and US mainland fintech ecosystems. Its connection to a major regional bank gives it visibility into startups building regulatory-compliant digital banking, lending, and data infrastructure tools that meet US federal banking standards alongside Puerto Rico-specific requirements. The unit also evaluates companies that approach OFG Bancorp's procurement and innovation teams seeking pilot partnerships.

### Does OFG Ventures invest from a dedicated fund or the bank's balance sheet?

OFG Ventures deploys capital directly from OFG Bancorp's corporate balance sheet, not from a discrete venture capital fund. This corporate venture capital model means investment pacing and check sizes are determined by the bank's annual strategic planning process and capital allocation decisions made by executive management and the board. Portfolio companies are carried as equity investments on the parent company's books rather than managed through a limited partnership structure.

### What is the strategic relationship between OFG Ventures and Banco Popular?

OFG Ventures exists to accelerate the digital modernization of Banco Popular de Puerto Rico, OFG Bancorp's primary operating subsidiary and the island's largest retail and commercial bank. The venture arm targets startups whose technology can be integrated into Banco Popular's core banking systems, customer-facing applications, and back-office operations, prioritizing investments that offer both equity upside and measurable operational efficiency gains for the parent bank.

## Related profiles

- [Offspring Capital](https://altss.com/profile/offspring-capital)
- [Old Vine Capital](https://altss.com/profile/old-vine-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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