AUTOFIN
AUTOFIN is a Chilean automotive financing company that originates secured vehicle loans for cars and motorcycles to individual consumers and small businesses through a nationwide network of 100+ dealers, backed by Banco Internacional.
- Company typePrivate
- Founded2011
- HeadquartersLas Condes, Chile
- Headcount101–250
- GTM typeB2C
- OfferingServices
What AUTOFIN does
AUTOFIN S.A. is a Chilean specialty automotive financing company headquartered in Las Condes, Santiago, that originates secured vehicle loans to individual consumers and small business buyers across Chile. Founded in 2011 and operating under the institutional backing of Banco Internacional, the company distributes credit through an authorized dealer network of more than 100 concesionarios spanning every major Chilean region, complemented by digital origination (online simulation and application), a phone-based inside-sales channel, and a customer self-service portal (Portal Clientes). The product suite is structured around secured consumer auto and motorcycle loans with multiple plan variants (Auto Renuévate, Auto Flexible, Auto Fácil, Auto Plan, Auto Ya and motorcycle equivalents), CORFO-guaranteed commercial-vehicle financing (Auto Emprendedor), credit portability from competitors (Autoportabilidad), and vehicle-collateralized pawn credit (Autofinanciate). Underwriting is supported by automated predictive credit decisioning with consumer rights to human review, and the company maintains compliance posture aligned with ISO/IEC 27001 and 27701 standards for information security and privacy.
The business model is interest-rate spread on a granular book of small-ticket secured credits, augmented by bundled insurance commissions (Desgravamen, unemployment, total loss) sourced through rotating carrier partnerships (CHUBB, Zurich, MAPFRE). Revenue mechanics rely on portfolio growth via dealer-channel origination, competitive take-overs through Autoportabilidad, and ancillary fee income from Autofinanciate and insurance distribution. The company maintains an internal software engineering capability (Fábrica Digital) that supports continuous product iteration, and integrates with Chilean payment rails (Servipag, BancoEstado, Caja Vecina, Serviestado) for nationwide collections. The disclosed AI capability is limited to predictive underwriting models; there is no evidence of proprietary AI products, patents, or research-grade machine learning investment.
AUTOFIN firmographics
Firmographics- Name
- AUTOFIN
- Legal name
- Autofin S.A.
- Website
- https://autofin.cl
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AUTOFIN is a Chilean automotive financing company that originates secured vehicle loans for cars and motorcycles to individual consumers and small businesses through a nationwide network of 100+ dealers, backed by Banco Internacional.
- Ownership category
- akta.pro rank
AUTOFIN industry classification
Industry- Product category
- Consumer Auto Lending
- NAICS
- Sales Financing (52222)
- akta.pro primary industry
- New & Used Auto Purchase Loans (FSAKADAA)
- akta.pro secondary industries
- Auto Refinance (FSAKADAB), Auto Title Loans (Vehicle-Backed Short-Term) (FSAKADAJ), Auto Loan Refinance (Rate/Term) (FSAKAIAG), Fleet & Commercial Vehicle Finance (FSAKADAE)
Keywords
Where AUTOFIN is headquartered
LocationHeadquarters
- HQ city
- Las Condes
- HQ country
- Chile
- HQ region
- Latin America
Offices2 records
Markets served
AUTOFIN business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Automotive Financing: Core revenue from interest earned on vehicle loans. Offers multiple financing products including Auto Renuévate (balloon), Auto Flexible (0 payment option), Auto Fácil (activity-based), Auto Plan (fixed installments), and Auto Ya (no income verification). Motorcycle financing through Moto Plan, Moto Fácil, and Moto Ya products.
- Pledged Credit (Autofinanciate): Secured lending product where customers leave their vehicle as collateral. Provides cash loans to individuals while allowing them to continue using their vehicle, generating interest income on the loan.
- Insurance Products: Associated insurance products including Auto Protected Insurance, Desgravamen (credit life), Unemployment, Temporary Disability, and Total Loss coverage. Insurance products are voluntary but offered as part of the credit package.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Auto Renuévate - Balloon financing with vehicle renewal option |
| Subscription | Monthly | Auto Flexible - Flexible payment options including $0 months |
| Subscription | Monthly | Auto Fácil - Simplified documentation with higher down payment |
| Subscription | Monthly | Moto Plan - Motorcycle financing with fixed installments |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
AUTOFIN product offering
Product offeringCore offering
AUTOFIN provides automotive and motorcycle financing to individual consumers and small business owners in Chile. The company funds vehicle purchases through a network of authorized dealers and offers multiple credit products (Auto Renuévate, Auto Flexible, Auto Fácil, Auto Plan, Auto Ya, Moto Plan, Moto Fácil, Moto Ya, Auto Emprendedor), plus credit portability and pawn credit using vehicles as collateral (Autofinánciate).
Product overview
AUTOFIN is an automotive financing company operating in Chile, backed by Banco Internacional. The company offers a comprehensive portfolio of vehicle financing products organized into auto financing plans (Auto Renuévate, Auto Flexible, Auto Fácil, Auto Plan, Auto Ya), motorcycle financing plans (Moto Plan, Moto Fácil, Moto Ya), and specialized products including Auto Emprendedor for entrepreneurs with Corfo guarantee, Autoportabilidad for credit portability, and Autofinanciate for pawn credits using vehicles as collateral. Supporting infrastructure includes the Portal Clientes for digital self-service, the Autoportabilidad service for switching credit terms, and the Alzamiento de Prenda for lien release. The company also provides various insurance products including life, unemployment, and total loss coverage.
Differentiator
Problem solved
Functional benefit
Brands
- Autofinánciate: Autofinancing product - a pawn credit (crédito prendario) that allows customers to obtain cash by using their vehicle as collateral while continuing to use the vehicle.
- Autoportabilidad
Products and services
- Auto Renuévate Balloon vehicle financing plan enabling customers to renew their car every 2-3 years, with options to renew, keep, or return the vehicle at end of period. Minimum 20% down payment, 24-48 installments plus a Final Value Minimum Guaranteed (VFMG), first payment deferred 60 days.
- Auto Flexible
- Auto Fácil
- Auto Plan
- Auto Ya
- Moto Plan
- Moto Fácil
- Moto Ya
- Auto Emprendedor
- Autoportabilidad
- Autofinánciate
Companies that use AUTOFIN
Customer profileSegments4 records
Ideal customer profiles3 records
AUTOFIN technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability1 record
Feature3 records
AUTOFIN partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered supporting and core.
- CORFOsupportingCORFO (Corporación de Fomento de la Producción) provides support for AUTOFIN's Auto Emprendedor product which is guaranteed by CORFO. This enables entrepreneurs and small business owners to access commercial vehicle financing with government-backed guarantees.
- CAVEM (Cámara de Vendedores de Automóviles y Motos)coreCAVEM is the automotive and motorcycle dealers' chamber that provides support and represents the dealer network that AUTOFIN works with. This partnership enables the nationwide dealer network that is central to AUTOFIN's distribution strategy.
- ServipagsupportingServipag provides payment processing services for AUTOFIN customers, enabling online and physical payment locations throughout Chile. Customers can pay credit installments through Servipag's online platform or physical branches nationwide.
- BancoEstadosupportingBancoEstado provides payment processing services for AUTOFIN customers through its internet banking, mobile app, branches, and Caja Vecina network, enabling widespread payment access across Chile.
- MAPFRE ChilesupportingMAPFRE provides insurance products for AUTOFIN customers, including Desgravamen, Unemployment, and Total Loss coverage. Policies issued from June 2026 onwards are with MAPFRE.
- BCI SegurossupportingBCI Seguros provides insurance products for AUTOFIN customers. Coverage includes Desgravamen and other insurance products for policies issued until May 2024.
- Zurich ChilesupportingZurich Chile provides insurance products for AUTOFIN customers including Unemployment and Incapacity coverage. Policies issued until May 2026 are with Zurich.
- CHUBB ChilesupportingCHUBB Chile provides insurance coverage for AUTOFIN customers. Historical policies issued until August 2019 were underwritten by CHUBB.
- Marsh ChilesupportingMarsh Chile serves as the insurance broker handling claims and policy administration for AUTOFIN's insurance products. Customers can contact Marsh at [email protected] for claim processing.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
AUTOFIN competitors and assessment
Company assessmentRegional players
- Kueski: Mexico-based digital consumer credit platform using alternative data underwriting; comparable as a near-prime LATAM consumer lender focused on point-of-sale credit and digital origination.
- Addi: Colombia-headquartered BNPL and consumer credit provider with merchant integrations across LATAM; comparable in using tech-enabled underwriting for thin-file consumers.
- Konfío: Mexican fintech lending platform serving SMBs and consumers with data-driven underwriting; useful comparator for embedded-credit product design and Banco-style digital origination.
- Banco Semear: Brazilian bank with a focused auto loan portfolio and dealer-channel distribution; comparable regional specialty auto lender competing against incumbents.
Broad incumbents
- Ally Financial: Large US bank/finance company with a major auto finance franchise serving prime and near-prime borrowers via dealer relationships; useful benchmark for scale, product breadth, and digital servicing.
- Banco Internacional: Chilean bank that backs AUTOFIN and shares brand, funding, and customer base; competes in auto and consumer credit more broadly as a deposit-taking institution.
- Security (Grupo Security) — Banca Empresas y Personas: Chilean financial group offering consumer credit, including auto loans through dealer partnerships and factoring; provides a comparable Chilean incumbent with overlapping consumer credit products.
Direct peers
- Forum Servicios Financieros: Chilean consumer and vehicle finance company, also under Banco Internacional's umbrella, with a similar omni-channel dealer model and product breadth — the most direct local comparable.
- Tanner Servicios Financieros: Chilean specialty finance provider active in auto lending, factoring, and consumer credit; comparable customer base (Chilean consumers and SMEs) and product overlaps with AUTOFIN.
- Credit Acceptance Corporation: US specialty auto finance company focused on subprime and near-prime borrowers through dealer partnerships — directly comparable underwriting philosophy and dealer-channel distribution to AUTOFIN.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
AUTOFIN social profiles
Digital presenceAUTOFIN compliance and trust
Trust signalCompliance2 records
AUTOFIN financial estimates
Financial estimateRevenue estimate
Valuation estimate
AUTOFIN leadership team
Management profileNumber of profiles
AUTOFIN funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AUTOFIN M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AUTOFIN
What does AUTOFIN do?
AUTOFIN provides automotive and motorcycle financing to individual consumers and small business owners in Chile. The company funds vehicle purchases through a network of authorized dealers and offers multiple credit products (Auto Renuévate, Auto Flexible, Auto Fácil, Auto Plan, Auto Ya, Moto Plan, Moto Fácil, Moto Ya, Auto Emprendedor), plus credit portability and pawn credit using vehicles as collateral (Autofinánciate).
Is AUTOFIN a public or private company?
AUTOFIN is a private company. It is classified as corporate owned and is currently operating.
When was AUTOFIN founded?
AUTOFIN was founded in 2011. It employs 101 to 250 people.
Where is AUTOFIN based?
AUTOFIN is headquartered in Las Condes, Chile, in the Latin America region.
How does AUTOFIN make money?
Three revenue lines are on record. Automotive Financing is the primary driver. The others are pledged Credit (Autofinanciate) and insurance Products.
Who are AUTOFIN's main competitors?
Regional players on record are Kueski, Addi, Konfío and Banco Semear. Broad incumbents are Ally Financial, Banco Internacional and Security (Grupo Security) — Banca Empresas y Personas. Direct peers are Forum Servicios Financieros, Tanner Servicios Financieros and Credit Acceptance Corporation.
Does AUTOFIN have an API?
No public API is recorded for AUTOFIN.
What industry is AUTOFIN in?
AUTOFIN's product category is Consumer Auto Lending. Its primary akta.pro industry code is FSAKADAA, New & Used Auto Purchase Loans, with a secondary code of FSAKADAB, Auto Refinance. Its NAICS code is 52222.