What Quipu Bank does

Quipu Bank (legal entity QUIPU CORPORATION SAS) is a Colombian fintech founded in 2021 and headquartered in Bogotá that provides AI-powered alternative credit scoring and small-ticket lending to micro-entrepreneurs and informal workers — the so-called "camelladores" — who are excluded from or underserved by traditional financial institutions. The company operates fully digitally: borrowers apply via web or mobile app (iOS and Android), upload photos, short videos, and descriptions of their daily economic activity, and receive a credit decision in minutes driven by the proprietary QuipuScore engine, which analyzes behavioral signals, work consistency, and alternative data points that traditional credit bureaus ignore. Quipu offers two consumer credit products — Crédito Quipu (entry-level, from COP$500,000) and Súpercrédito Quipu (for established businesses with six-plus months of activity, from COP$1M) — with a graduated "credit ladder" that scales limits up to COP$10M as borrowers demonstrate repayment behavior.

The company monetizes primarily through interest income (28.71%–59.32% effective annual, depending on product and term), a 25% fianza (collateral guarantee) plus VAT, and per-transaction electronic signature fees. Repayments are collected through a broad digital payment rail including Wompi, Nequi, Daviplata, Bancolombia, and Davivienda, as well as Bancolombia's network of supermarket-based cash correspondents. The core go-to-market is product-led growth: self-serve onboarding, a COP$20,000-per-referral "Invita y Gana" word-of-mouth loop, and ecosystem partnerships — most notably with Grupo Bancolombia (also the lead investor in the December 2023 $1.5M seed round), Nequi, Claro, Bancóldex, ProMujer, and Davivienda. As of the latest disclosures, Quipu has generated credit scores for more than 300,000 users across Latin America, serves over 40,000 active camelladores, and has facilitated more than $7M in loans with positive unit economics. A February 2026 $300K bridge round led by Impacta VC is explicitly directed at commercializing the QuipuScore engine as a B2B API for other financial institutions and at geographic expansion beyond Colombia, signaling a pivot from pure consumer lending toward a platform model. The company is supervised by the Superintendencia de Industria y Comercio (SIC) and is not classified as a financial intermediation entity under the Superintendencia Financiera.

Name

Quipu Bank

Legal name

QUIPU CORPORATION SAS

Website

https://quipubank.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Quipu Bank is a Colombian fintech that uses AI-driven alternative credit scoring (QuipuScore) to provide small-ticket digital loans to micro-entrepreneurs and informal workers ("camelladores") excluded from traditional banking across Latin America.

Ownership category

akta.pro rank

Product category

Alternative Credit Scoring & Digital Micro-lending

NAICS

Other Nondepository Credit Intermediation (52229)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE)

Keywords

• Alternative credit scoring
• Micro-lending fintech
• Digital microcredit
• Financial inclusion lending
• AI credit scoring API

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Credit Interest and Fees: Quipu generates revenue through interest charged on loans disbursed to borrowers. Interest rates range from 28.71% to 59.32% effective annual (E.A.) depending on the credit product and repayment term. Additional fees include a fianza (collateral guarantee) of 25% plus VAT on approved amounts and electronic signature fees per transaction.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Quipu Bank provides AI-driven digital credit products to micro-entrepreneurs and informal workers in Colombia who are excluded from traditional financial systems. Its core offering is the Quipu Credit product, priced from $500,000 COP, underwritten by its proprietary QuipuScore engine that evaluates applicants from non-traditional data (photos, videos, daily activity, digital behavior) rather than bureau history. It also offers Súpercrédito Quipu for established businesses, a digital credit-management and payments module, and licenses its QuipuScore as an API to other financial institutions.

Product overview

Quipu Bank operates as a fintech credit scoring and lending platform serving microbusinesses and entrepreneurs excluded from traditional financial systems. The core product is the AI-powered Quipu Credit, which uses the QuipuScore alternative credit scoring system to evaluate creditworthiness through behavioral signals, daily activity data, photos, and videos. Supporting products include the Súpercrédito for established businesses and a digital credit management platform for payment processing and tracking. All products are designed for underserved entrepreneurs who may be reported or lack traditional credit histories.

Differentiator

Problem solved

Functional benefit

Brands

• QuipuScore: Alternative credit scoring system using AI to evaluate microbusiness owners based on their daily activity, work photos, videos, and digital transactions.

Products and services

• Quipu Credit (Crédito Quipu) Core AI-powered digital credit product for micro-entrepreneurs and informal workers in Colombia. Uses the QuipuScore alternative credit scoring engine to evaluate applicants from photos, videos, daily activity and digital behavior, with approvals in minutes, no paperwork, no guarantor and no collateral required. Pricing starts at $500,000 COP and ladders up to $10 million COP.
• Súpercrédito Quipu Higher-limit credit product for established micro-entrepreneurs with at least 6 months of demonstrated business activity. Starts at $1 million COP, carries a 28.71% E.A. interest rate varying by term, and serves borrowers who have graduated from the entry-level Quipu Credit ladder.
• QuipuScore (AI Credit Scoring API) AI-based alternative credit scoring engine that generates credit scores from non-traditional data signals (photos, videos, daily work activity, digital behavior, text descriptions of economic activity). Used internally to underwrite Quipu's loan products and licensed as an API to external financial institutions that need to score thin-file or unbanked borrowers.

Quantifiable outcome

• Over 300,000 users have received AI-generated credit scores
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• NequicoreTechnology or IntegrationNequi is a digital wallet partnership enabling Quipu borrowers to receive loan disbursements and set up automatic debit for repayments. Nequi is a Bancolombia subsidiary digital wallet.
• ClarominorStrategic or Co-development PartnerPartnership with Colombian telecom operator Claro, potentially using mobile data signals and telecom activity as alternative data for credit scoring.
• BancóldexminorStrategic or Co-development PartnerPartnership with Bancóldex, Colombia's development bank for microenterprises, to expand credit access to underserved entrepreneurs.
• ProMujerminorStrategic or Co-development PartnerPartnership with ProMujer, a women's development organization, to provide financial inclusion services specifically targeting women entrepreneurs excluded from traditional financial systems.
• Colombia FintechminorOthersQuipu is a member of Colombia Fintech, the Colombian fintech industry association. Listed as an entity supervised by the Superintendencia de Industria y Comercio and a member of Colombia Fintech.
• BancolombiacoreTechnology or IntegrationBancolombia serves as a key banking partner for loan disbursements and repayments. Quipu uses Bancolombia corporate accounts for receiving loan payments and maintains Bancolombia A la Mano digital wallet integration for borrower transactions.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Addi: Colombian-headquartered fintech offering credit and BNPL to consumers and small merchants, often with limited formal credit history. Operates in the same regulatory environment and targets a largely overlapping micro-entrepreneur and underbanked segment in Colombia and the broader Andean region.
• Kueski: Mexico-based online consumer lender providing short-term credit and BNPL to underbanked Mexicans using alternative data and risk scoring. Comparable to Quipu in serving informal-economy borrowers excluded from traditional banks, with a similar alt-data underwriting philosophy.
• Konfío: Mexico-based digital lending platform focused on small businesses and entrepreneurs, using alternative data and AI for credit decisions. Closely parallels Quipu's mission of financing micro and small businesses underserved by traditional banks, though at a larger SMB scale.
• Stori: Mexico-based fintech issuing credit cards to underbanked consumers using alternative credit scoring. Targets the same alt-data, thin-file borrower profile that Quipu serves, with a credit-card product wrapper rather than installment loans.
• Creditas: Brazilian consumer credit platform that uses alternative data and asset-backed underwriting to lend to underbanked households. While its primary collateral model differs from Quipu's, it is a comparable LatAm alt-data consumer lender serving borrowers excluded from traditional finance.
• Aplazo: Mexico-based BNPL provider offering installment credit to consumers at the point of sale. Comparable to Quipu in serving underbanked LatAm consumers with digital-first credit, though distributed via merchant integrations rather than direct-to-borrower acquisition.
• R2: LatAm-focused embedded finance platform providing SMBs and their platforms with credit, banking and working capital products. Adjacent competitor in the alternative-data SMB lending niche Quipu targets, with stronger B2B distribution.

Emerging players

• Belvo: LatAm open banking API platform enabling lenders to access users' bank transaction data for alternative credit decisions. Comparable in the alternative-data credit infrastructure layer; Belvo is a potential data partner or competitor to Quipu's proprietary alt-data scoring.

Broad incumbents

• Mercado Pago: Massive LatAm digital payments and credit platform serving millions of informal and SMB users with merchant credit, consumer credit, and point-of-sale financing. A broad incumbent that competes with Quipu for the same underbanked borrower base across multiple product surfaces.
• Banco Compartamos: Mexico-based microfinance institution with extensive branch network serving micro-entrepreneurs across LatAm. The traditional incumbent analog to Quipu's mission, operating at much larger scale but with a higher-cost, branch-based model rather than digital-first alt-data scoring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/quipubank
• Facebookfacebook.com/QuipuBank
• LinkedInlinkedin.com/company/quipulatam
• Instagraminstagram.com/quipulatam
• TikToktiktok.com/@quipulatam

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds7 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quipu Bank