What Sencillito does

Sencillito is a Chilean bill payment and recharge aggregation platform founded in 2000 and operated as a brand of IGT Global Solutions Corporation Chile. The company operates an omnichannel ecosystem comprising a self-serve consumer web platform (sencillito.com) supporting 150+ service providers across utilities, telecommunications, financial services, insurance, and government payments; a physical agent network of 1,700+ independent store owners across Chile serving cash-preferring customers; and Pagos Masivos, an enterprise bulk-payment platform targeting municipalities, real estate companies, and schools. The platform integrates multiple payment rails (Fintoc, Khipu, BancoEstado, MACH, Tenpo, Klap, Mercado Pago, Neat, ETpay) via its proprietary SencillitoPay layer and embeds adjacent financial products including Chubb insurance, BCI Seguros SOAP vehicle insurance, Fonasa health voucher payments, SKY Plus airline loyalty points, and international remittance services (Ria, AFEX, EChange).

Sencillito serves over 1M registered digital users and a long tail of walk-in agent customers nationwide. The revenue model is commission-based: partner companies pay Sencillito a per-transaction fee to access its combined digital and physical distribution; agents receive a commission share with Sencillito retaining the residual. End consumers face no fees. The platform is differentiated by its hybrid online/offline reach in a market where cash remains material, by its 24-year brand track record (7x Procalidad #1 customer satisfaction awards, Praxis Xperience Index 2024, Superbrands Chile 2007–2008), and by the breadth of its partner and integration ecosystem. As a wholly-owned subsidiary of IGT Global Solutions Corporation Chile, Sencillito operates with corporate backing but does not publicly disclose revenue or funding data.

Name

Sencillito

Legal name

IGT Global Solutions Corporation Chile

Website

https://sencillito.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sencillito is a Chilean bill payment aggregator founded in 2000, operating a digital platform and 1,700+ physical agent stores to pay 150+ utility, telecom, financial, and insurance providers for over 1 million registered users across Chile.

Ownership category

akta.pro rank

Product category

Bill Payment Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Bill payment services
• Payment aggregation platform
• Utility bill collection
• Mobile recharge services
• Bulk payment processing

Headquarters

HQ city

Providencia

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Transaction Commission from Partner Companies: Sencillito charges partner companies (utilities, telecoms, financial institutions) a commission fee per successful payment transaction processed through the platform. Companies partner with Sencillito to access its nationwide agent network and digital user base.
2. Agent Commission Revenue Share: Independent store owners (agents) earn commission per transaction they process. Sencillito retains a share of the transaction value. Agents receive free terminal installation with no upfront cost, incentivizing network expansion.
3. Pagos Masivos Enterprise Subscription: Large organizations (municipalities, real estate firms, schools) use the Pagos Masivos bulk payment platform for consolidated bill processing. Revenue generated through per-transaction fees and/or volume-based pricing tiers.
4. Insurance Product Sales (Chubb): Commission earned on Chubb insurance products (House Fire, Auto Content, Hospital Cash) sold through the platform cart during bill payment checkout.
5. SKY Plus Loyalty Program Data: Sencillito shares transaction data with SKY Airline to credit loyalty points to users. While not directly monetized, this drives user engagement and transaction frequency, reinforcing the platform's value proposition.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Sencillito operates an omnichannel bill payment and recharge platform in Chile, aggregating 150+ service providers (utilities, telecommunications, financial services, insurance, government payments) accessible to end consumers through a self-service web portal, a network of 1,700+ physical agent stores accepting cash, and an enterprise bulk-payment module (Pagos Masivos) for municipalities, real estate firms, and schools. The platform also offers mobile recharges, embedded insurance products (Chubb, BCI SOAP), Fonasa health coupon payments, and international money transfers via partner providers.

Product overview

Sencillito operates a multi-channel bill payment ecosystem consisting of three core products: Sencillito.com (consumer digital platform for online bill payments and mobile recharges), Agentes Sencillito (agent/merchant network portal enabling physical cash-based payments at partner stores), and Pagos Masivos (enterprise bulk payment module for businesses to process batch transactions). The platform supports over 150 service providers across telecommunications, utilities (water, gas, electricity), financial services, insurance, and government payments. Additional offerings include a SKY Plus loyalty program, Chubb insurance products, SOAP BCI vehicle insurance, Fonasa health payments, and international money transfer services. The ecosystem is connected through SencillitoPay payment infrastructure supporting multiple payment methods including bank transfers via Fintoc and Khipu, BancoEstado payment button, and digital wallets.

Differentiator

Problem solved

Functional benefit

Brands

• Pagos Masivos: A bulk payment processing solution for municipal utilities, real estate companies, schools, and large enterprises to manage high volumes of payments efficiently.
• Agentes Sencillito

Products and services

• Sencillito.com Consumer Platform Consumer-facing digital platform enabling Chilean individuals to pay utility bills (water, gas, electricity), telecommunications accounts (mobile, internet, TV), credit cards, highway tolls (TAG), insurance, and other obligations from over 150 service providers in one place. Supports guest and registered users with saved accounts, payment history, and expense tracking.
• Agentes Sencillito (Agent Portal) Portal for independent merchants (agents) to offer Sencillito bill payment and recharge services at their physical locations. Agents receive commission per transaction and access a dashboard to track earnings, incentives, and movement history. Available on desktop and mobile.
• Pagos Masivos (Enterprise Bulk Payment) Bulk payment solution for businesses — municipalities, real estate companies, schools — to process large volumes of payments from multiple employees, tenants, or customers in a single consolidated transaction via file upload. Enterprises submit payroll-style bill files (nóminas) for batch verification and single payment.
• Recargas (Mobile and TV Top-ups) Service for recharging prepaid mobile phones and television services from providers such as Movistar, Claro, WOM, Directv, and others via the Sencillito platform.
• Seguros Chubb (Embedded Insurance) Insurance products underwritten by Chubb including Auto Content insurance, Home Fire insurance, and Hospital Income insurance, available for purchase during checkout at 3, 6, or 12-month terms.
• SOAP BCI (Vehicle Insurance) Compulsory vehicle accident insurance (Seguro Obligatorio de Accidentes Personales) purchasable through the platform in partnership with BCI Seguros, with promotional $20,000 TAG discount coupon drawings for users who pay an additional bill alongside the SOAP.
• Fonasa Bono (Health Coupon Payment) Health system payment service allowing users to pay Fonasa health coupons (bonos) at physical Sencillito agent locations, serving users who prefer in-person cash payments for healthcare-related fees.
• Money Transfers (Ria, AFEX, EChange) International money transfer payment service enabling users to pay for remittances from providers like Ria Money Transfer, AFEX, and EChange through Sencillito.

Quantifiable outcome

• Pay 3+ bills in one cart and earn SKY Plus loyalty points (2 pts for 3 bills, 5 pts for 4-5 bills, 10 pts for 6+ bills)
• +4 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature9 records

Partnerships

15 partnerships are on record, tiered core and minor.

• GetnetcoreChannel Partner/ Reseller/ DistributorGetnet provides point-of-sale (POS) terminals to Sencillito agent stores, enabling card-based bill payments at physical agent locations. This partnership expands payment method acceptance at the agent network.
• Mercado PagocoreChannel Partner/ Reseller/ DistributorMercado Pago integrates Sencillito's bill payment services within its platform, allowing Mercado Pago users to access Sencillito's 150+ biller network. Sencillito acts as the underlying bill payment infrastructure.
• TenpocoreChannel Partner/ Reseller/ DistributorTenpo digital wallet integrates Sencillito bill payment services, enabling Tenpo users to pay utility and service bills through Sencillito's network. Strategic partnership for digital payment expansion.
• KlapminorChannel Partner/ Reseller/ DistributorKlap digital wallet offers Sencillito bill payment services to its user base, extending Sencillito's reach through another digital finance app ecosystem.
• MACHcoreChannel Partner/ Reseller/ DistributorMACH digital bank integrates Sencillito bill payment services, allowing MACH users to pay bills directly through the Sencillito platform using their MACH account.
• MufinminorChannel Partner/ Reseller/ DistributorMufin (digital credit/fiinance platform) partners with Sencillito to offer bill payment services to its customers, expanding the reach of Sencillito's payment ecosystem.
• NeatminorChannel Partner/ Reseller/ DistributorNeat payment services company integrates Sencillito bill payment functionality, enabling its business customers to access Sencillito's payment network.
• SKY AirlinecoreStrategic or Co-development PartnerSKY Airline loyalty program partnership where Sencillito users earn SKY Plus points by paying 3+ bills in a single transaction. Points are credited within 15 business days. The campaign runs from March 31 to September 30. Both companies share customer data for point crediting purposes.
• BCI SeguroscoreStrategic or Co-development PartnerBCI Seguros SOAP (mandatory vehicle liability insurance) is sold through the Sencillito platform. Users can purchase 2026 SOAP from $7,180 CLP. Additional promotional drawings for $20,000 TAG discount coupons are offered when users pay any additional bill alongside their SOAP.
• Chubb SeguroscoreStrategic or Co-development PartnerChubb insurance products (House Fire Content, Auto Content, Hospital Cash Income) are embedded in the Sencillito cart checkout. Insurance is sold as add-ons during bill payment, available for 3, 6, or 12-month terms. Chubb handles claims and customer service.
• FonasaminorStrategic or Co-development PartnerFonasa health bonus payments can be made at physical Sencillito agent points, serving users who prefer in-person cash payments for healthcare-related fees.
• FintoccoreTechnology or IntegrationFintoc provides bank transfer connectivity enabling Sencillito users to pay bills via instant bank transfers from any Chilean bank through the Sencillito platform.
• KhipucoreTechnology or IntegrationKhipu bank transfer service is integrated into Sencillito's payment options, enabling users to pay bills via transfers from multiple Chilean banks.
• BancoEstadocoreTechnology or IntegrationBancoEstado's button payment solution is available on Sencillito, allowing users with BancoEstado accounts to pay bills directly through the state bank's payment interface.
• IFX NetworkscoreTechnology or IntegrationIFX Networks provides cloud hosting infrastructure for Sencillito's platform, supporting the company's digital operations in Chile.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Multicaja: Chilean bill payment and top-up network operating across physical agents and digital channels. Most directly comparable to Sencillito: same Chilean market, same aggregator-to-biller model, same reliance on a corner-store agent network.
• PagueloFacil: Panama-based bill payment aggregator serving utilities, telecoms, and government collections through digital and agent channels. Closely comparable operating model to Sencillito's Pagos Masivos and agent-led bill pay across Latin America.

Broad incumbents

• Mercado Pago: Latin America's largest digital wallet and payments platform. Comparable to Sencillito as an integration partner and overlap in bill payment and top-ups, but operates as a broad financial super-app rather than a focused bill-pay aggregator.
• Kushki: LatAm-focused payment processor and orchestration platform offering gateways, processing, and biller integrations across multiple countries. Comparable to Sencillito's fintech infrastructure layer and biller connectivity, with broader geographic scope.
• EBANX: Cross-border LatAm payment platform offering processing, payouts, and local payment method coverage. Comparable to Sencillito's payment infrastructure and emerging cross-border money transfer products, but at much larger scale.

Regional players

• PSE (Pagos Seguros en Línea): Colombia's dominant bank-anchored online bill payment rail. Comparable to Sencillito in aggregating consumer payments to billers but operates within Colombia's regulatory and banking structure, not in Chile.
• PlaceToPay: Colombian payment gateway and bill payment platform. Comparable payment-processing model to Sencillito, with similar enterprise integrations and a regional rather than Chilean focus.
• Niubiz: Peruvian payment processor offering POS, e-commerce, and bill payment services. Comparable to Sencillito in payment processing and biller connectivity but focused on Peru rather than Chile.
• Conekta: Mexican payment processor with online checkout, links, and OXXO-style cash voucher flows. Comparable to Sencillito in payment aggregation and offline-to-online settlement models, focused on Mexico.
• Recargapay: Brazilian bill payment, top-up, and digital account app with a strong consumer brand. Comparable in offering mobile top-ups, utility payments, and embedded financial products, but operating in Brazil rather than Chile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCtlab-WSz2jB7cKU9Ra-p3w
• Facebookfacebook.com/Sencillitochile
• Instagraminstagram.com/sencillito
• LinkedInlinkedin.com/company/sencillito

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

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 Sencillito