Compartamos Banco

What Compartamos Banco does

Compartamos Banco is a Mexican regulated banking institution (Banco Compartamos, SA, Institución de Banca Múltiple) founded in 1990 and headquartered in Mexico City, operating as the flagship microfinance subsidiary of Gentera, a financial-inclusion group. The bank specializes in serving microentrepreneurs and small business owners — particularly women-led microenterprises, market vendors, street vendors, and small-scale retailers participating in the informal economy — and claims more than 30 years of experience in the segment. Its product portfolio spans group credit (Crédito Grupal), individual credit, graduated credit lines (Crédito Adicional Plus, Crédito Crece y Mejora), a range of savings and payroll accounts (Mis Ahorros Compartamos, Cuenta A Mi Favor, Mi Grupo Compartamos, Cuenta Básica, Cuenta Básica de Nómina), investment products (Inversiones Compartamos), and three insurance lines (Compartamos Protección, Seguro de Robo, Seguro Magenta).

The underlying technology is a conventional multi-channel digital banking stack: a mobile application (Compartamos Móvil, available on Google Play and Huawei AppGallery), a web platform (Compartamos NET), an SMS banking service (Compartamos SMS), and integration with CoDi, the Banco de México QR-payment rail. Distribution combines this digital layer with a national physical branch network (sucursales) located via the Ubícanos finder, plus a customer service line and customer-acquisition programs such as Invito y Gano (referrals) and Descuentos Compartamos (merchant discounts).

The business model is primarily a net-interest-margin institution: revenue is generated from interest and fees on microcredit, spreads and fees on deposits and savings, investment-product fees, and insurance premiums, supplemented by transaction fees from digital channels. The GTM is sales-led, blending field sales representatives at branches with self-service digital channels, targeting the unbanked and underbanked through group-based lending where social collateral substitutes for physical collateral.

Name

Compartamos Banco

Legal name

Banco Compartamos, SA, Institución de Banca Múltiple

Website

https://compartamos.com.mx

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Compartamos Banco is a regulated Mexican microfinance bank and subsidiary of Gentera that provides group and individual credit, savings, investments, and insurance products to microentrepreneurs, with distribution through a national branch network and digital channels.

Ownership category

akta.pro rank

Product category

Microfinance Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Microfinance lending
• Group credit services
• Savings accounts
• Microcredit banking
• Financial inclusion

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Credit/Lending Operations: Interest income from microcredit and small business loans including grupal (group), individual, and growth loans.
2. Savings Account Fees: Fees and interest spread from savings accounts including Mis Ahorros Compartamos, Cuenta A Mi Favor, and basic payroll accounts.
3. Insurance Products: Insurance premiums from products including Compartamos Protección, Seguro de Robo, and Seguro Magenta.
4. Digital Channel Services: Transaction fees from digital channels including Compartamos NET, SMS banking, and CoDi payments.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Compartamos Banco is a Mexican banking institution that provides microcredit, savings accounts, and insurance products targeted at microentrepreneurs and small business owners. Its portfolio includes group loans (Crédito Grupal), individual loans (Crédito Individual, Crédito Adicional Plus, Crédito Crece y Mejora), savings and payroll accounts, investment products, and protection insurance, all delivered through a national branch network and digital channels (mobile app, web, SMS, CoDi).

Product overview

Compartamos Banco is a Mexican banking institution specializing in serving entrepreneurs and micro-business owners with over 30 years of experience. The company offers a comprehensive financial ecosystem consisting of credit products (Crédito Grupal, Crédito Individual, Crédito Adicional Plus, Crédito Crece y Mejora), savings and investment accounts (Mis Ahorros Compartamos, Cuenta A Mi Favor, Mi Grupo Compartamos, Cuenta Básica, Cuenta Básica de Nómina, Inversiones Compartamos), insurance solutions (Compartamos Protección, Seguro de Robo, Seguro Magenta), and digital banking channels (Compartamos Móvil app, Compartamos NET online platform, Compartamos SMS, CoDi mobile payments). The product portfolio is designed to support the complete financial lifecycle of entrepreneurs, from initial credit access to savings accumulation and protection.

Differentiator

Problem solved

Functional benefit

Brands

• Compartamos Móvil: Mobile banking application for customers to check balances, make payments, transfers, and other financial services
• Compartamos NET
• Premio Emprendedores Compartamos
• Compartamos Protección
• Seguro Magenta
• Inversiones Compartamos
• Mis Ahorros Compartamos
• Cuenta A Mi Favor
• Mi Grupo Compartamos
• Cuenta Básica
• Cuenta Básica de Nómina
• Crédito Grupal
• Crédito Individual
• Crédito Adicional Plus
• Crédito Crece y Mejora

Products and services

• Crédito Grupal Group loan product for entrepreneurs who operate in groups, providing access to credit with flexible repayment terms tailored to group dynamics. Designed for microentrepreneurs without traditional collateral.
• Crédito Individual Personal credit product for individual entrepreneurs to finance their business operations or personal needs. Targeted at individual borrowers and graduated group clients.
• Crédito Adicional Plus Additional credit line for existing customers with a demonstrated good payment history, offering higher amounts and enhanced benefits.
• Crédito Crece y Mejora Business growth credit product aimed at helping entrepreneurs expand financing options to grow and improve their businesses.
• Mis Ahorros Compartamos Savings account that allows customers to deposit and grow their money with access to funds and interest. For microentrepreneurs and individual customers.
• Cuenta A Mi Favor Savings account product designed to help customers accumulate funds for future goals with flexible deposit options.
• Mi Grupo Compartamos Group savings account that enables community-based saving among entrepreneurs with shared financial goals.
• Cuenta Básica Basic savings account offering fundamental banking services for customers new to the formal banking system.
• Cuenta Básica de Nómina Basic payroll account for employees to receive salary payments with additional banking benefits.
• Inversiones Compartamos Investment products that allow customers to grow their savings with various term options and competitive returns.
• Compartamos Protección Credit protection insurance for customers with existing loans, providing coverage in case of unforeseen events.
• Seguro de Robo Theft insurance product that protects customers against loss due to robbery of their assets or property.
• Seguro Magenta (Seguro Salud y Vida) Health and life insurance product available to all customers seeking protection for themselves and their families.
• Compartamos Móvil Mobile banking application available on Google Play and Huawei AppGallery that allows customers to check balances, view transactions, make service payments, phone top-ups, and perform transfers from their smartphones.
• Compartamos NET Online banking platform accessible via web browser, providing comprehensive account management and transaction capabilities.
• Compartamos SMS SMS-based banking service that enables customers to receive account notifications and perform basic transactions via text messaging, for users with basic mobile phones.
• CoDi Payments QR-code based digital payment platform (CoDi by Banco de México) offered by Compartamos Banco to enable customers to make and receive payments.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

One partnership is on record.

• GenteracoreOthersCompartamos Banco is an operating company under the Gentera umbrella. Gentera is a financial inclusion group that supports Compartamos Banco and other subsidiaries. The footer states 'Una empresa de Gentera' (A company of Gentera).

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• BanCoppel: Mexican commercial bank tied to the Coppel retail chain, focused on lower-income mass-market consumers with credit, savings, and payroll products. Closely comparable target customer and product mix to Compartamos.
• Banco Azteca: Mexican retail bank owned by Grupo Elektra that serves informal-economy and lower-income customers with credit, deposits, and remittances. Most direct in-product and in-customer-segment comparable to Compartamos Banco in the Mexican market.
• Banco Famsa: Mexican bank historically serving lower-income and informal-economy customers with credit, savings, and remittances through Grupo Famsa. Closely comparable customer base and product set to Compartamos Banco.

Emerging players

• Kueski: Mexican fintech specializing in online consumer credit and BNPL aimed at underbanked users without traditional credit history. Comparable as a digital alternative to Compartamos's microcredit offering for the same demographic.
• Stori: Mexican fintech issuing credit cards to underbanked consumers without traditional credit history. Directly comparable in serving the same informal-economy customer base with consumer credit products.
• Covalto: Mexican digital bank and SMB lender (formerly Banco Walmart de México Adelante), focused on consumer and business banking. Comparable as a digital entrant pursuing Mexican consumers and SMEs with deposit and credit products.
• Nu México (Nubank): Digital-first neobank operating in Mexico targeting underbanked consumers with no-fee accounts, credit cards, and personal loans. Comparable because it pursues the same financial-inclusion customer with a digital, lower-cost model.
• Hey Banco: Mexican digital bank (Banregio subsidiary) offering savings, credit cards, and personal loans through a mobile-first platform. Overlaps with Compartamos in targeting mass-market Mexican consumers with deposit and consumer credit products.
• Albo: Mexican neobank offering digital accounts, debit cards, and personal credit. Competes for the same underbanked Mexican consumer that Compartamos targets, with a leaner digital cost structure.
• Konfío: Mexican fintech providing credit and banking services to small businesses and entrepreneurs, including those underserved by traditional banks. Adjacent in serving Mexican SMEs and microbusinesses with credit products.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/compartamosbanc
• Facebookfacebook.com/CompartamosBanco
• LinkedInlinkedin.com/company/137661

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 Compartamos Banco