UNO AFP

What UNO AFP does

UNO AFP is a Chilean pension fund administrator (Administradora de Fondos de Pensiones) founded in 2019 and headquartered in Santiago, Chile. The company administers mandatory pension contributions under Chile's privatized pension system for more than 1.5 million affiliates, and operates as a private for-profit entity under the oversight of the Superintendencia de Pensiones. Its market position is built on the lowest commission rate in Chile at 0.46% of taxable income — approximately three times lower than the most expensive AFPs (Provida 1.45%, Capital 1.44%, Cuprum 1.44%) and meaningfully below second-cheapest Modelo at 0.58% — translating to up to CLP 420,000 in annual savings per member at the income ceiling.

The product portfolio spans the mandatory Ahorro Previsional Obligatorio (10% income contributions invested across five multi-funds A through E) plus four voluntary and ancillary products: APV voluntary savings with state tax benefits under Regimes A and B, Cuenta 2 (a flexible withdrawal account allowing up to 24 free annual withdrawals), Cuenta de Ahorro de Indemnización for employment termination compensation, and Depósitos Convenidos for employer-employee supplementary contributions. Service delivery combines a digital-first platform — the UNO APP available on iOS, Android, and Huawei AppGallery, plus web-based tools including the Simulador Lucas savings calculator and the Recomendador de Fondos — with a physical branch network across 16 Chilean cities.

Revenue is generated primarily through subscription-recurring commissions on administered mandatory contributions, supplemented by fees on APV, Cuenta 2, Indemnización, and Depósitos Convenidos streams. Customer acquisition is product-led and direct-to-consumer: members can switch AFPs 100% online, with no paperwork required, and the pricing proposition is reinforced by digital calculators that quantify switching savings. Operational integration with Previred handles employer-side payroll processing, while partnerships with AFC, Registro Civil, and IPS underpin the broader social security workflow. Sustained brand recognition is evidenced by four consecutive PROCALIDAD first-place customer satisfaction awards (2022-2025) and a Triple Impacto 2026 first-place ranking.

Name

UNO AFP

Legal name

UNO AFP

Website

https://uno.cl

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

UNO AFP is a Chilean pension fund administrator managing mandatory and voluntary pension savings for over 1.5 million affiliates. It differentiates through Chile's lowest commission rate (0.46%), a digital-first platform, and a 16-city branch network.

Ownership category

akta.pro rank

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices16 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mandatory Pension Fund Management: UNO AFP earns revenue by administering mandatory pension savings (Cuenta de Ahorro Obligatorio) for affiliated workers. The company charges a commission fee on the monthly income contribution (0.46% of taxable income, with a ceiling). Workers contribute 10% of their income to their individual capitalization account.
2. APV (Voluntary Pension Savings): Voluntary pension savings product (Ahorro Previsional Voluntario) that allows workers to make additional contributions beyond mandatory requirements, with potential tax benefits from the Chilean state.
3. Cuenta 2: Secondary savings account allowing up to 24 free annual withdrawals for various purposes, with potential tax implications for withdrawals exceeding 30 UTM.
4. Cuenta de Ahorro de Indemnización: Indemnification savings account for construction workers.
5. Depósitos Convenidos: Agreed deposits for voluntary pension savings with employer agreements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

UNO AFP administers mandatory and voluntary pension savings for Chilean workers under Chile's private AFP pension system, managing individual capitalization accounts funded by monthly salary contributions (10% of income). The company invests contributions across five multi-funds (A through E), charges a 0.46% commission on taxable income (the lowest in Chile), and supplements mandatory savings with voluntary products including APV, Cuenta 2, Indemnity Savings, and Agreed Deposits.

Product overview

UNO AFP operates as a unified pension fund management platform offering mandatory and voluntary savings products. The core product is the Ahorro Previsional Obligatorio (Mandatory Pension Savings) where worker salary contributions are managed through five multi-funds (A-E). This is complemented by voluntary savings products including APV (with state tax benefits under Regimes A and B), Cuenta 2 (flexible withdrawal account), Cuenta de Ahorro de Indemnización (for employment termination compensation), and Depósitos Convenidos (supplementary employer/employee contributions). The platform is accessed through digital channels including the APP UNO afp mobile application and web-based tools such as the Calculadora de Ahorro (Simulador Lucas) for commission savings estimation and the Recomendador de Fondos for fund selection guidance.

Differentiator

Problem solved

Functional benefit

Products and services

• Ahorro Previsional Obligatorio (Mandatory Pension Savings) Mandatory pension savings product where workers' monthly salary deductions (10% of income) are deposited and invested across five multi-funds (A through E) to finance their future retirement pension. Available to all employed Chilean workers affiliating with UNO AFP.
• APV (Ahorro Previsional Voluntario / Voluntary Pension Savings) Voluntary pension savings product that allows Chilean workers to make additional contributions beyond mandatory savings, with potential tax benefits under two regimes (A and B) funded by the Chilean state.
• Cuenta 2 Voluntary savings account that allows up to 24 withdrawals per calendar year without cost, designed for flexible access to savings while maintaining pension focus. Withdrawals exceeding 30 UTM may carry tax implications.
• Cuenta de Ahorro de Indemnización Indemnity savings account for company employees, allowing employers to make agreed deposits that fund employment termination compensation.
• Depósitos Convenidos (Agreed Deposits) Agreed deposits product allowing employers and employees to make supplementary pension contributions beyond mandatory requirements, subject to employer-employee agreements.

Quantifiable outcome

• Commission savings of up to $420,000 CLP annually compared to other AFPs
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Superintendencia de PensionescoreOthersRegulatory oversight body for Chile's pension system. UNO AFP operates under regulatory supervision and provides data to this institution for system-wide monitoring and affiliate tracking.
• PreviredcoreTechnology or IntegrationPayroll system integration partner that enables employer pension contribution processing. Connects employers with AFPs for mandatory contribution management.
• AFC (Administradora de Fondos de Cesantía)minorOthersUnemployment insurance fund administrator that works alongside AFPs in Chile's social security system.
• Registro CivilminorOthersCivil registry institution providing identity verification and documentation services used in AFP affiliation and transfer processes.
• IPS (Instituto de Previsión Social)minorOthersSocial security institute that administers universal guaranteed pensions (PGU) and coordinates with AFPs for pensioner benefits.

Scale indicators5 records

Recent moves3 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

• Xtwitter.com/unoafp
• Facebookfacebook.com/UNO-afp-414700172659716
• LinkedInlinkedin.com/company/afp-uno
• Instagraminstagram.com/unoafp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 UNO AFP