JFK Cooperativa Financiera

Name

JFK Cooperativa Financiera

Legal name

JFK Cooperativa Financiera

Website

https://jfk.com.co

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Medellín

HQ country

Colombia

HQ region

Latin America

Offices45 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Credit Interest Income: Interest income from lending operations including consumer credits, microcredits, commercial loans, and student loans. Interest rates range from 28.69% to 89.63% E.A. depending on credit type.
2. Savings Deposits: Deposit-taking through savings accounts, CDT certificates, and periodic savings plans (Mi Plan). Deposits are protected by Fogacoop insurance.
3. Card Transaction Fees: Revenue from debit and credit card transactions including merchant fees and interchange fees through VISA franchise.
4. International Remittances: Commission income from international money transfer services through Moneygram partnership.
5. Tax Payment Services: Processing fees for tax collection services for Medellín and Caldas municipality.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

JFK Cooperativa Financiera is a Colombian financial cooperative that delivers savings, credit, payment, and digital banking products to individuals, families, microentrepreneurs, and small businesses. Its core offerings include savings accounts, term deposits (CDT), periodic savings plans (Mi Plan), debit and credit cards under the Visa franchise, consumer/microcredit/commercial/student loans, Bre-B instant payments, tax payment services, and international remittances via Moneygram.

Product overview

JFK Cooperativa Financiera operates as a diversified financial cooperative offering a unified portfolio of savings, credit, and digital banking products. The core offering spans deposit products (Cuenta de Ahorros, Mi Plan, CDT), payment cards (Tarjeta Débito and Tarjeta de Crédito Clásica via Visa franchise), credit products (Consumo, Microcrédito, Comercial, and Estudiantil loans), instant payments (Bre-B), tax payment and international remittance services. These are supported by a multi-channel ecosystem comprising the App JFK mobile app, virtual agencies for individuals and enterprises, banking correspondents, and 44 physical branches across Medellín, Eastern Antioquia, and Bogotá. Social benefits including housing lotteries, school kits, solidarity aid, and cultural events complement the financial product suite.

Differentiator

Problem solved

Functional benefit

Products and services

• Cuenta de Ahorros (Savings Account) Retail savings account offered to individual customers, available with a Debit Card and/or Savings Passbook, featuring daily interest accrual and protection by Fogacoop deposit insurance.
• Tarjeta Débito (Visa Debit Card) Visa-franchised debit card for JFK savings account holders with no management fee, three free monthly national ATM withdrawals, chip and contactless payment, and both physical and virtual card variants featuring dynamic CVV security.
• Tarjeta de Crédito Clásica (Classic Visa Credit Card) Classic Visa credit card with 1-36 month installments, deferred advances, no management fee, dynamic CVV for online security, and life insurance fully covered by the cooperative.
• Mi Plan (Periodic Savings Plan) Periodic savings plan requiring fixed monthly deposits over 6 to 12 months, with a minimum monthly quota of $30,000 COP and interest paid at maturity on the effective daily balance.
• CDT (Certificado de Depósito a Término) Term deposit certificate offering fixed-rate returns over terms of 30 days or more, with minimum opening of $1,000,000 COP, available in dematerialized and physical formats, insured by Fogacoop.
• Crédito de Consumo (Consumer Credit) Personal consumer loan for large projects such as vehicle purchase, education, travel, and other flexible financing needs, with extended terms, fixed rates, life insurance, and social benefits.
• Microcrédito (Microcredit) Credit for microenterprises meeting Ley 590/2000 criteria, covering manufacturing, services, and commercial sectors with annual gross income thresholds of 23,563, 32,988, and 44,769 UVT respectively.
• Crédito Comercial (Commercial Credit) Commercial credit for natural persons engaged in commercial, business, agricultural, industrial, or service activities, for working capital or free investment, excluding microentrepreneurs.
• Crédito Estudiantil (Student Credit) Educational loan with extended terms and competitive rates for financing studies, with access to social and financial benefits.
• Bre-B (Instant Payment Service) Instant payment service integrated into App JFK, allowing customers to register a Bre-B key and send/receive money 24/7 at no cost across all Colombian financial entities.
• Pago de Impuestos (Tax Payment Service) Tax payment service for Medellín city and Caldas Antioquia municipality, available at JFK branches.
• Giros Internacionales (International Remittances) International money transfer service via Moneygram, available at JFK's Alpujarra and Rionegro agencies in Medellín and Teusaquillo agency in Bogotá.
• App JFK (Mobile Banking Application) Mobile banking application for iOS and Android enabling savings and credit management, QR code transfers, Bre-B key registration, merchant QR code generation, virtual debit card issuance, dynamic CVV generation, and account security controls.
• Agencia Virtual Personas (Virtual Agency for Individuals) Web-based virtual agency portal for individual customers to manage their savings, credits, and cards online.
• Portal Empresas (Enterprise Portal) Web portal for enterprise and business customers to manage corporate financial operations, including commercial credit servicing, payments, and account administration.
• Corresponsales Bancarios (Banking Correspondents Network) Network of banking correspondents (Efecty, Punto de Pago, Puntored, Credibanco, Redeban, Moviired) providing additional physical payment and transaction points across Colombia for credit payments and other transactions.
• Código QR para comercios JFK (QR Code Commerce Payments) QR code-based payment functionality integrated into App JFK enabling merchants to generate and receive QR codes for instant payments via the Bre-B ecosystem, with interoperable acceptance across Colombian financial entities.

Quantifiable outcome

• First place in assets and associates among 5 cooperatives supervised by SFC (end 2025)
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• MoneygramcoreTechnology or IntegrationMoneygram provides international money transfer services to JFK customers. Available at Alpujarra and Rionegro agencies in Medellín, and Teusaquillo agency in Bogotá. Allows customers to receive international remittances conveniently at JFK branches.
• FogacoopcoreOthersFogacoop is the government insurance entity that protects savings deposits at Colombian cooperatives including JFK. All savings accounts, CDTs, and Mi Plan products are protected by Fogacoop insurance, providing deposit security to customers.
• Banco de la República (Bre-B)coreTechnology or IntegrationIntegration with Banco de la República's Bre-B immediate payment system. Enables 24/7 instant money transfers between any bank or digital wallet in Colombia without costs. Uses mobile number, email, ID, or alphanumeric keys for identification.
• VISAcoreTechnology or IntegrationVISA franchise for debit and credit cards. JFK issues its own debit cards and credit cards under the VISA brand, enabling national and international purchases and cash withdrawals at ATMs and merchants accepting VISA.
• Superintendencia Financiera de ColombiacoreOthersPrimary financial regulator overseeing JFK's operations as a supervised cooperative. Governs compliance, risk management, and consumer protection requirements.

Scale indicators8 records

Recent moves3 records

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Customer concentration

• YouTubeyoutube.com/@JFKCooperativaFinanciera
• Facebookfacebook.com/share/14rPhdQDXL/?mibextid=wwXIfr
• LinkedInlinkedin.com/company/jfk-cooperativa-financiera
• Instagraminstagram.com/jfkcoopfinanciera/?hl=es

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 JFK Cooperativa Financiera