ASFI

What ASFI does

ASFI (Autoridad de Supervisión del Sistema Financiero) is the financial system supervisory authority of the Plurinational State of Bolivia, established in 1928 and operating as a decentralized public institution under the Ministry of Economy and Public Finances. Its mandate covers supervision of financial intermediation (banks, microfinance, mutual funds), the securities market (exchanges, brokers, investment managers, issuers), and complementary financial services (money transfer, electronic card administration, armored transport). ASFI also discharges a consumer protection function through the Defensoría del Consumidor Financiero, complaint registration and tracking, financial education, model contract publication, and public alerts on irregular financial platforms. The institution holds nationwide jurisdiction, with its headquarters in La Paz and consumer-facing defensorial centers in all nine Bolivian departments.

ASFI's technology stack centers on a set of consumer-facing and supervisory digital platforms. ASFI Digital (asfidigital.asfi.gob.bo) is the primary portal for consumer access to financial services information, request submission, and complaint management. The Barómetro Financiero (barometro.asfi.gob.bo) provides real-time system-wide financial indicators and statistics. Additional public-facing systems include the Gaceta Electrónica de Regulación Financiera (electronic regulatory gazette), public auction notices, fee schedule (Tarifario) publication, debtor-in-execution and written-off loan registries, and the Reporta Tu Tranca corruption-reporting interface. Distribution is anchored by a multi-channel service model combining regional offices, a toll-free call center (800 103 103), and online portals. The institution also issues repeated alerts targeting AI- and crypto-themed investment schemes and supervises exchange-rate compliance for casas de cambio under Supreme Decree N° 5630.

ASFI's revenue model is non-commercial: as a public regulator, it does not charge consumers for supervisory services and operates under state ownership with no private shareholders or external investors. Funding flows from annual contributions by the supervised financial entities themselves, supplemented by public budget allocations managed under Bolivia's public administration framework. Geographic revenue concentration is by definition 100% domestic (Bolivia), and customer segments span financial consumers, financial intermediaries, capital market participants, and complementary service providers — i.e., the entire Bolivian financial system under a horizontal segmentation approach. The institution pursues no private capital raise, no M&A activity, and no IPO; its "growth" channel is regulatory scope and digital modernization rather than market expansion in the commercial sense.

Name

ASFI

Legal name

Autoridad de Supervisión del Sistema Financiero

Website

https://asfi.gob.bo

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

101–250 employees

Short description

ASFI (Autoridad de Supervisión del Sistema Financiero) is Bolivia's statutory financial system supervisor, established in 1928 under the Ministry of Economy and Public Finances. It regulates financial intermediaries, capital markets, and complementary services, and provides consumer protection, complaint handling, and financial education across all nine Bolivian departments.

Ownership category

akta.pro rank

Product category

Financial Regulation and Supervision

NAICS

Finance and Insurance (52)

akta.pro primary industry

Regulator/Authority Connectivity & Submission Gateways (APIs, Portals) (FSAFAKAN)

akta.pro secondary industries

Regulator/Authority-Operated Reporting Systems & Portals (FSAFAJAJ), Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE)

Keywords

• Financial supervision
• Consumer protection
• Regulatory authority
• Financial regulation
• Capital markets oversight

Headquarters

HQ city

La Paz

HQ country

Bolivia

HQ region

Latin America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels3 records

Core offering

ASFI is Bolivia's financial system supervisory authority, regulating financial intermediaries (banks, microfinance), capital markets (stock exchanges, brokers), and complementary financial services (money transfer, armored transport). It provides consumer protection through complaint resolution, financial education, publication of standardized contracts and fee schedules, and alerts about illegal financial platforms, all delivered via physical offices nationwide and digital portals.

Product overview

ASFI (Autoridad de Supervisión del Sistema Financiero) is Bolivia's financial system supervisory authority established in 1928. The institution operates as a regulatory body overseeing financial intermediation, securities markets, and complementary financial services. Its digital presence includes ASFI Digital as the primary consumer-facing platform for financial services, complemented by the Barómetro Financiero for system monitoring. Core services encompass financial consumer defense through complaint registration and resolution tracking, financial education programs, regulatory publication via the Gaceta Electrónica, and statistical reporting on the financial system. Additional services include public registries for auction notices, fee schedules, debtor information, model contracts, and accessibility-focused ATM programs. The institution also operates anti-corruption initiatives like the Programa Tranca Cero and maintains regional offices across Bolivia's departments for decentralized service delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• ASFI Digital
• Barómetro Financiero
• Defensoría del Consumidor Financiero
• Registro y Seguimiento de Reclamos
• Educación Financiera
• Gaceta Electrónica de Regulación Financiera
• Estadísticas del Sistema Financiero
• Avisos de Remate
• Tarifario
• Deudores en Ejecución y Castigados
• Programa Tranca Cero
• Contratos Modelo para Servicios Financieros
• Cajeros Automáticos para Personas con Discapacidad
• Actividad Financiera Ilegal

Quantifiable outcome

• Ongoing supervision of Bolivia's financial system with nationwide coverage

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Ministerio de Economía y Finanzas (Ministry of Economy and Public Finances)coreOthers
• Banco Central de Bolivia (Central Bank of Bolivia)coreOthers
• Unidad de Investigaciones Financieras (UIF)coreOthers
• Plataforma 'Reporta Tu Tranca'coreOthers

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Superintendencia del Sistema Financiero (SSF El Salvador): El Salvador's integrated financial system supervisor. Comparable institutional design overseeing banks, securities, and complementary services in a small-dollarized economy.
• Superintendencia de Banca y Seguros del Perú (SBS): Peru's integrated banking, insurance, and securities supervisor. Directly comparable in mandate (multi-sector financial supervision with consumer protection) and Latin American emerging-market context.
• Superintendencia de Bancos del Ecuador: Ecuador's banking and financial institutions supervisor. Closely comparable in Andean emerging-market supervisory mandate and dollarized-economy context.
• Superintendencia de Bancos y Seguros de Chile (SBIF): Chile's banking and securities supervisor. Comparable in supervisory mandate; considered a higher-maturity benchmark for what ASFI's digital and consumer-protection functions could evolve toward.
• Superintendencia Financiera de Colombia (SFC): Colombia's financial superintendency overseeing credit institutions, securities markets, and insurance. Closely aligned with ASFI in scope of supervision and consumer defense function.
• Comisión Nacional Bancaria y de Valores (CNBV México): Mexico's integrated banking and securities regulator. Comparable mandate across intermediación financiera and mercado de valores, though at materially larger scale.
• Comisión Nacional de Valores (CNV Argentina): Argentina's securities market regulator overseeing mercado de valores. Comparable to ASFI's capital-markets supervision pillar and emerging-market regulatory complexity.

Regional players

• Superintendencia de Bancos de la República Dominicana: Dominican Republic's banking and financial entities supervisor. Comparable in mid-sized emerging-market Caribbean/Latin American regulatory scope and consumer-facing supervision.
• Superintendencia de Instituciones Financieras (SUDEBAN Venezuela): Venezuela's banking supervisor. Regional peer operating under a similarly constrained macroeconomic environment and state-led financial system.

Others

• Unidad de Investigaciones Financieras (UIF Bolivia): Bolivia's financial intelligence unit, a domestic partner of ASFI. Adjacent rather than competitive: UIF handles AML/CFT intelligence while ASFI supervises the entities that file reports to it.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/asfibolivia

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 ASFI