This article showcases our top picks for the best Peru based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Peru Fintech (Financial Technology) Companies
Apurata provides better credit to 200mm middle class Latin Americans. Through proprietary technology and origination procedures, we provide credit to unbanked and underbanked Latin Americans ($25bn), starting in Peru ($3bn opportunity).
We are growing and looking to hire: – Software Developers – Risk Officers – Operations – Customer facing representatives – Collections. .
Somos Moto is LatAm unique digital motorcycle buying and financing marketplace. The platform connects buyers with dealers and lenders, providing a friction free, fast and informed shopping and financing experience, empowering and improving the experience of its users (motorcycle buyers) with technical, commercial, multimedia and financial information, free of charge and just a click away.
Additionally, they receive personalized and impartial advice on their ideal motorcycle and financing options; taking this industry to the digital era, reducing friction, time and costs in the purchase and financing process. Today, Somos Moto’s customers are the brand representatives, dealerships, and financial institutions present in the motorcycle industry.
Somos Moto is the best customer acquisition channel for its partners, increasing their sales and generating savings with the lowest CAC in the market. This fintech is revolutionizing the way of placing loans.
They believe a loan is a means to cover a need, and therefore their goal is to reach the customer first through quality content related to their need.. .
FIT Big Data
For Innovation Technology S.A. (D.B.A.
FIT Big Data S.A.) has developed the first predictive credit assessment platform in Peru. FIT provides a “big data” platform that captures, analyzes, and draws actionable conclusions from all available and relevant credit-related information on Peruvian individuals and micro and small companies (MSCs).
The platform, which encompasses Peru’s first standardized credit scoring system, provides critical credit appraisal intelligence to individuals, micro and small companies (MSCs), and financial institutions. FIT enables such parties to reach informed business decisions to a degree not previously possible in Peru.
FIT markets its services under the Kalifica® brand name.. .
We provide online consumer loans through our platform. We use intelligent algorithms to quickly assess credit risk and disburse funds in a matter of minutes.
Our clients benefit from no more queues, cumbersome paperwork, or walking into branches. .
Comparabien.com is a price comparison website that allows its users to compare different products and services, and save time and money. The website covers several financial products such as credit cards, mortgages, loans, and saving accounts.
Additionally, it offers product information in other areas such as insurance, internet, and more. It mainly generates revenue through sales commissions and advertising.
Comparabien.com was launched in 2010 in Peru.. .
Kendo Corporation, S.A. (“Kendo”) es una compañía tecnológica cuya misión es apoyar y guiar a los Emprendedores, Pequeñas y Medianas empresas (PYMEs) de Latinoamérica en sus estrategias de desarrollo y crecimiento mediante la mejora en la toma de decisiones.
Gracias a Kendo Educación, a día de hoy millones de personas en Latinoamérica ya tienen acceso gratuito a múltiples contendidos sobre negocios. Mientras la mayoría de plataformas de educación cobran por sus contenidos, en Kendo continuamos dando nuestro apoyo sin tener que pagar.
A través del Centro de Entrenamiento de Kendo estamos marcando el camino hacia una nueva generación de formatos de aprendizaje basados en modelos de Simulación de entornos reales de negocio, cubriendo por primera vez el gap existente entre los modelos tradicionales de educación y los retos del mundo real. Mediante esta iniciativa, preparamos a profesionales y personas interesadas a gestionar situaciones reales de negocio afrontando las complejidades de la toma de decisiones.
Por último, con Kendo Asesor apoyamos en los procesos de toma de decisiones y evaluación de opciones de financiamiento mediante herramientas de Asesoramiento Digital y Virtual con “disponibilidad 24/7 + 20 veces más rápido + 1/5 del costo” que las alternativas actuales.. .
FintechLab.pe is a digital platform where financial assets are traded in real time between investors and small and medium business.It’s a money marketplace for microfinance services. The company has a business strategy focused on people.
It believes that the person is the center in the financial business model, and not as one has been thinking in the last 35 years that is greater risk-adjusted return, or known as the “sharpe ratio”. .
Entrepreneurial Finance Lab
The Entrepreneurial Finance Lab (EFL) is an innovative financial-technology company which employs psychometric and nontraditional applicant data to create credit scores to measure risk and potential among consumers and small businesses. EFL’s alternative scoring technology enables lenders to measure risk among applicants in the most information-scarce environments.
EFL, a product of its early Harvard research, has been recognized by the G-20 as one of the most innovative approaches to SME finance globally. EFL’s partners include over thirty retail, MFI, and SME financial institutions across a dozen countries in Africa, Latin America, South Asia, and Southeast Asia.
For more information, please visit www.eflglobal.com.. .
MiBolsillo is the first Peruvian mobile financial personal trainer for the entrepreneur with the main focus to promote financial wellness at the family and micro/small company level. It reduces the hassle to organize users and small businesses’ finances together one place and tracks achievement of financial goals in a solution that is superiorly designed, remarkably efficient, and wonderfully personalized.
With a predictive analysis executed within the first minutes of interaction and strengthened over the first 7 days, we are able to identify user’s behavior patterns to send targetted behavioral interventions and set the user for success towards building wiser decision-making and healthier financial lives. By putting the last component together with data points from the users’ interactions, we are able to suggest best-fit FinServs that adjust to the user’s needs, running a proprietary algorithm that runs over 328 MFIs local product offerings..
Prestamype was launched in 2017 with the aim of providing a broader access to funding to small businesses, with better credit conditions. With its first product, a working capital loan with a real estate collateral, it has lent USD 18 million to 580 Peruvian entrepreneurs (as of 1st of July 2020).
In 2019, Prestamype launched its online currency exchange platform called Cambio Seguro. The company is still owned 100% by its cofounders..
AXXIONA is the solution to your temporary liquidity problems with the best payment plan in the market and with virtual approval in real time. There are three simple steps: 1.
Fill in the virtual application, 2. Wait for our confirmation message, 3.
Receive the money in your account.. .
Tranzfer.me is the first Peruvian platform that allows sending money abroad without the need for money to cross the border. Through local bank transfers, your money will reach your recipient within minutes and directly to your bank account.
Forget about going to the agencies with the cash. We are currently serving the Peruvian and American market and soon we will be entering the Chilean market..
Remesend has bank accounts in different countries, which allows us to send money internationally without any extra cost. So for example, if you want to send money from Peru to Chile, they will receive your money in their account in Peru, and automatically transfer the equivalent from their account in Chile to your recipient.
This way, they make sure that the money never actually leaves the country, allowing us to give you the cheapest commissions in the market. Besides, you can do all this completely online, from your laptop or smartphone.
Just follow a few simple steps to send us the money and they will take care of the rest.. .
LAUDOX is their solution for Small Claims disputes. Their platform is an online Arbitration Center where LAUDOX Certified Arbitrators are enabled to work on solving disputes arising between Financial Service Providers and their borrowers.
They are working on a new way to solve Opportunities where others see Losses. .
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