Wallets/tenpo
Tenpo
0 standards supported
Overview
Tenpo is a Chilean digital wallet + neobank, controlled by Credicorp (the Peruvian financial group that also owns Yape via Banco de Crédito del Perú) 1, 2. Tenpo started as a prepaid Mastercard + mobile-account app aimed at financial inclusion for Chileans without traditional bank accounts, and has grown into one of Chile's largest fintech apps with millions of users 2.
Tenpo has been pursuing a full banking license in Chile under the Comisión para el Mercado Financiero (CMF), positioning Tenpo Banco as a digital-native bank — the next step beyond its original prepaid-wallet model 2.
History
2019 — Tenpo launches in Chile 1: Began as a mobile prepaid-account app with a Mastercard prepaid card targeting underbanked Chileans.
2020s — scale + Credicorp control 2: Backed and ultimately controlled by Credicorp, the same group behind Peru's Yape; grew to millions of Chilean users.
2020s — banking-license track (Tenpo Banco) 2: Advanced toward a CMF banking license to operate as a full digital bank in Chile.
Ownership & operator
Operating entity: Tenpo SpA (Chile) 1.
Parent group: Credicorp — Andean financial-services group (also parent of Banco de Crédito del Perú and Yape) 2.
Regulator: Comisión para el Mercado Financiero (CMF) — Chile's financial-market regulator, supervising Tenpo's payment activities and prospective banking license 2.
Technical integration
Tenpo is a card-rail digital wallet + emerging digital bank 1, 2:
| Layer | Description |
|---|---|
| Channels | Tenpo mobile app (iOS + Android) |
| Identifiers | Phone number + card number + QR |
| Card networks | Visa / Mastercard prepaid + debit products |
| Account | Digital account with transfers, top-ups, and bill payment |
| Banking | Migration to full digital bank (Tenpo Banco) under CMF license |
Implementations & partners
Operating entity: Tenpo SpA.
Parent: Credicorp group.
Card networks: Mastercard (original prepaid product) + Visa.
Chilean competitors: MACH (Bci digital wallet), Banco Falabella, and other Chilean fintech and bank apps 2.
Regulator: CMF.
Status
- Tenpo SpA, controlled by Credicorp.
- Millions of Chilean users on a prepaid-wallet + digital-account model.
- Pursuing a CMF banking license (Tenpo Banco) to become a full digital bank.
Sources
Source
Biography extracted from tenpo.md. See matrix.md for standards-support matrix if present.