With nearly 2 million users and backed by the Peruvian conglomerate Credicorp, Tenpo is set to become Chile’s first fully digital bank. Its entry into the financial system will mark a major milestone in the industry’s transformation, offering a branchless model, credit products, and an enhanced digital platform.

Topics: Global services- Fintech- Banking

Credicorp’s Financial Inclusion Index highlights Chile as the only country in the region where cash is not the predominant means of payment. The report states that 47% of Chileans have reached an advanced level of financial inclusion.

Topics: Banking- Financial System

This new office has 21 meeting rooms, work desks and a coffee bar open to Bank customers and non-customers.

Topics: Banking- Spanish investment- Financial System

In 2021, the Chilean fintech sector was made up of over 150 companies, almost 50% of which are internationalizing their operations in Latin America. What attracts foreign companies to invest in financial technology in Chile?

Topics: Fintech- Banking

The Canadian multinational will reduce its workweek from 42 to 39 hours, benefiting more than 6,000 employees in Chile.  

Topics: Banking

The innovative format was created in Chile and has been replicated in eight other markets where the Spanish financial institution operates. Its success reveals how foreign investment and local talent are able to create initiatives that can be exported to the rest of the world. 

Topics: Banking

This Wall Street giant became interested in Chile after its Central Bank authorized the internationalization of the Chilean peso. Its main goal is to support its clients in foreign exchange operations.  

Topics: Banking- Financial System

This is the third Chinese financial institution to arrive in Chile and its mission is to support Chinese companies in foreign trade and investment.

Topics: Chinese investment- Banking

Chile’s Financial Market Commission has announced measures to facilitate the flow of credit to individuals and companies and mitigate the pandemic’s effects on the financial system.

Topics: Banking- Coronavirus- Financial System

With a fund of US$5,000 million to allocate to innovative projects in Latin America, it will prioritize FinTech companies in the country, linked to digital wallets, payment methods and international remittances, among other services.

Topics: Banking- Japanese investment

The Bank’s agency will focus on Chinese investment in Chile, local firms in key sectors and Chinese and Chilean exporters and importers.

Topics: Chinese investment- Banking