Coopetrol

What Coopetrol does

Coopetrol Cooperativa de Ahorro y Crédito is a Colombian member-owned savings and credit cooperative headquartered in Bogotá, operating continuously for over 72 years under Supersolidaria supervision. The cooperative serves six distinct member personas — employees, independent workers, entrepreneurs, pensioners, students, and corporate partner companies — providing a full-stack retail financial services offering that includes savings accounts, term deposits, youth savings, personal and vehicle credit, revolving credit lines, debt consolidation, quick-approval loans, educational financing, insurance policies, and prepaid health plans. Distribution combines physical branch agencies with a digital banking portal (Zona Transaccional), a mobile application (App Red Coopcentral) integrated with the national Bre-B instant payments system, and a virtual admission process for digital onboarding. The member base spans domestic Colombian consumers with a low entry threshold (programmed savings from $30,000 COP), positioning Coopetrol as a cooperative alternative to traditional banking for financial inclusion and accessible credit.

Name

Coopetrol

Legal name

Coopetrol Cooperativa de Ahorro y Crédito

Website

https://coopetrol.coop

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Coopetrol Cooperativa de Ahorro y Crédito is a Colombian member-owned savings and credit cooperative offering savings, credit, insurance, and prepaid health products to individual and corporate members via branches and digital channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest income from lending: Coopetrol generates revenue primarily through interest earned on various credit products including Libre Inversión, Cupo Rotativo, Compra de Cartera, Crédito Ágil, Crédito Educativo, and Crédito de Vehículo. The cooperative extends credit to members and collects interest payments.
2. Savings and deposit products: Revenue is generated through interest rate spreads on savings accounts, programmed savings, CDATs (term deposits), and daily yield accounts. Members deposit funds and receive interest returns.
3. Administrative and service fees: Coopetrol charges fees for various financial services, insurance products (Pólizas Inaseg, Plan Exequial Coserfun), and prepaid medicine plans (Emermédica, Grupo EMI, Coomeva, Colmédica) as part of member benefits.

Pricing tiers

Distribution channels5 records

Marketing channels5 records

Core offering

Coopetrol is a Colombian savings and credit cooperative that provides savings products (daily-yield, programmed savings, CDAT term deposits, youth savings), multiple consumer credit lines (personal, revolving, debt consolidation, fast-approval, educational, vehicle), insurance policies, and prepaid health plans, delivered through physical branches, a web-based transactional zone, and a mobile app integrated with Bre-B instant payments.

Product overview

Coopetrol is a savings and credit cooperative (Cooperativa de Ahorro y Crédito) providing financial services primarily to employees in the oil, industrial, and commercial sectors in Colombia. The cooperative operates a unified financial services platform offering savings products (RentaDiario, Ahorro Programado, CDAT, Ahorro Coopetrolitos), credit products (Libre Inversión, Cupo Rotativo, Compra de Cartera, Crédito Ágil, Crédito Educativo, Crédito de Vehículo), and insurance/health services through partner agreements. Digital access is provided via the Zona Transaccional online platform, CDAT Virtual, and the App Red Coopcentral mobile application. Social programs include the Programa de Becas a la Excelencia scholarship and various commercial discount agreements (Convenios Comerciales). The cooperative serves different member segments including employees, independents, entrepreneurs, pensioners, students, and companies.

Differentiator

Problem solved

Functional benefit

Products and services

• RentaDiario A daily interest-earning savings account that allows members to earn returns on their deposits on a daily basis.
• Ahorro Programado A purpose-based savings program with minimum installment amounts starting at $30,000 COP, designed to help members achieve specific financial goals.
• CDAT A term savings certificate (Certificado de Depósito de Ahorro) with fixed terms and competitive interest rates.
• Ahorro Coopetrolitos Savings account designed for children and youth members of the cooperative.
• Libre Inversión A flexible personal loan for any purpose, available to qualified members.
• Cupo Rotativo A revolving credit line that provides ongoing access to funds up to an approved limit.
• Compra de Cartera A portfolio purchase loan that allows members to consolidate and pay off debts from other financial institutions at better terms.
• Crédito Ágil (CrediÁgil) A quick approval loan product designed for fast access to credit with streamlined processing.
• Crédito Educativo An educational loan designed to finance studies at competitive interest rates.
• Crédito de Vehículo A vehicle financing loan for purchasing new or used automobiles.
• Zona Transaccional An online banking portal providing members access to account management, transactions, and financial services digitally.
• CDAT Virtual Virtual term deposit product accessible through the online banking platform.
• App Red Coopcentral Mobile application enabling members to access banking services, including Bre-B instant transfers, from their smartphones.
• Programa de Becas a la Excelencia An academic excellence scholarship program for associated members and their beneficiaries.
• Convenios Comerciales Commercial agreements with various establishments providing discounts to members in sectors including health, education, tourism, and retail.
• Plan Exequial Coserfun Funeral expense insurance plan offered through the cooperative's benefits program.
• Pólizas Inaseg Insurance policies offered through Inaseg insurance advisors.
• Emermédica Prepaid medicine and health services available to members through partnership agreements.
• Grupo EMI Prepaid medicine and health services offered through Grupo EMI partnership.
• Medicina Prepagada Coomeva Prepaid health plan through Coomeva for members.
• Medicina Prepagada Colmédica Prepaid health plan through Colmédica for members.
• Coopetrolitos y Jóvenes Solidarios Savings and benefit programs specifically designed for children, adolescents, and young members starting from age 14.
• Bre-B Instant Transfers Instant transfer feature accessible via the App Red Coopcentral, enabling real-time money transfers to any bank or digital wallet in Colombia.

Segments6 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

Six partnerships are on record, tiered minor and core.

• AUTONIZA (Chevrolet Dealer)minorGTM or Marketing PartnerAutomotive financing partnership providing exclusive vehicle financing options to Coopetrol members through Chevrolet AUTONIZA dealerships. Yenny Pinto Cadenas serves as specialized advisor.
• Colegio T&TminorGTM or Marketing PartnerEnglish language education partnership offering language training discounts and services to Coopetrol members. Contact: Cindy Rivas.
• Teatro NacionalminorGTM or Marketing PartnerCultural partnership providing 15% discount on theater tickets at Teatro Nacional for Coopetrol members purchasing through their official website.
• ON VACATIONminorGTM or Marketing PartnerTourism partnership offering 10% discount on non-promotional travel plans and additional 5% on promotional travel plans for Coopetrol members.
• Coopcentral NetworkcoreTechnology or IntegrationStrategic integration with Coopcentral financial network enabling shared services, Bre-B instant payments, and access to the App Red Coopcentral platform across member cooperatives.
• La Equidad Seguros (Fundequidad)coreStrategic or Co-development PartnerCooperative insurance partner running the Fundequidad contests program with prizes across 6 categories, promoting member engagement and social welfare within the cooperative sector.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Confiar Cooperativa Financiera: Colombian Cooperativa de Ahorro y Crédito offering savings, credit, and related financial services to members. Directly comparable as a Colombian financial cooperative with a similar product mix (savings, credit, insurance) and member-owned structure.
• Coomeva: Major Colombian cooperative group offering financial services, prepaid health (Medicina Prepagada Coomeva), and insurance. Direct peer — a larger cooperative offering overlapping savings, credit, and prepaid health products that competes for similar member segments.
• Coopcentral: Colombian cooperative financial network that owns the App Red Coopcentral platform and integrates Bre-B instant payments. Direct peer and core strategic partner — comparable as a cooperative financial services aggregator and infrastructure provider for affiliated cooperatives.
• La Equidad Seguros: Colombian cooperative insurance company running the Fundequidad contests program with Coopetrol. Comparable as a cooperative-sector financial institution offering insurance and social programs to similarly defined member communities.

Emerging players

• Nequi: Colombian digital wallet and neobank backed by Bancolombia. Emerging digital-first competitor — offers savings, payments, and credit via mobile app, directly competing with Coopetrol's digital proposition for younger and digital-native members.
• Daviplata: Colombian digital wallet operated by Davivienda. Emerging digital competitor with similar instant-payment and savings capabilities, increasingly competing for Coopetrol's member segments on convenience and pricing.

Broad incumbents

• Bancoldex: Colombian development bank focused on financing for entrepreneurs and SMEs. Adjacent comparable — both serve Coopetrol's 'Emprendedores' segment with business credit, though Bancoldex is a public development bank rather than a cooperative.
• Banco Caja Social: Colombian retail bank with strong cooperative roots and focus on popular/worker segments. Comparable as a larger incumbent serving similar employee and lower-middle-class customer segments with savings and credit products.
• Davivienda: One of Colombia's largest retail banks, offering savings, credit cards, loans, and digital wallets. Broad incumbent — competes with Coopetrol for consumer deposits and personal loans, though at significantly larger scale and broader geographic reach.
• Banco de Bogotá: Major Colombian commercial bank offering savings, credit, and digital banking. Broad incumbent providing overlapping financial services to similar consumer and SMB segments in Colombia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtiktok.com/@coopetroloficial
• YouTubeyoutube.com/channel/UCmMa-q1bL9Vc0bhr-7TGsxw
• Facebookfacebook.com/CoopetrolOficial
• LinkedInco.linkedin.com/company/coopetrol
• Instagraminstagram.com/coopetrol_oficial/?hl=es-la

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 Coopetrol