Cipriano Echavarria
About Cipriano Echavarria
Cipriano Echavarria is the Co-Founder and CEO of Palomma, a company specializing in payment infrastructure for the Latin American market. With a background in economics and extensive experience in strategy, business development, and investment banking, he has worked in various locations including Colombia and the United States.
Work at Palomma
Cipriano Echavarria serves as the Co-Founder and CEO of Palomma, a company established to provide payment infrastructure via API tailored for the Latin American market. Since its inception in 2023, he has been leading the organization from Medellín, Antioquia, Colombia, operating in a hybrid work environment. His leadership is informed by his extensive background in strategy, business development, and economics, enabling him to drive innovative solutions in the payment sector.
Previous Experience
Before founding Palomma, Cipriano Echavarria accumulated diverse experience across several prominent financial institutions. He worked at Nubank in strategy and business development from 2021 to 2022 in Bogotá, Colombia. Prior to that, he was involved in investment banking at Morgan Stanley for two years, from 2019 to 2021, and had a brief stint in 2018. He also gained experience at J.P. Morgan and Parkdale Mills, Inc. during his internships, which provided him with a solid foundation in finance and business operations.
Education and Expertise
Cipriano Echavarria has a robust educational background in economics and decision sciences. He earned a Bachelor of Science in Economics from Duke University, where he also completed certificates in Decision Sciences. His studies at The London School of Economics and Political Science (LSE) further enhanced his analytical skills. Additionally, he participated in Y Combinator's Winter 2023 program, which provided him with insights into startup development and innovation.
International Business Experience
Cipriano Echavarria has worked in various geographic locations, including Colombia and the United States. This international experience has equipped him with a comprehensive understanding of different markets and business practices. His roles in major financial institutions and startups have allowed him to develop a global perspective on business strategy and operations, which is essential for his current role at Palomma.
Internship Background
Cipriano Echavarria began his professional journey with internships that provided foundational experience in the business sector. He interned at Grupo Argos S.A. in 2015 and at Parkdale Mills, Inc. in 2016. These early experiences helped him acquire practical skills and insights into corporate operations, setting the stage for his future roles in investment banking and business development.