# Tenpo

> Source: https://docs.barcoder.ai/docs/wallets/tenpo
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Tenpo — official](https://www.tenpo.cl/)

## Overview

**Tenpo** is a **Chilean digital wallet + neobank**, controlled by **Credicorp** (the Peruvian financial group that also owns **[Yape](https://docs.barcoder.ai/docs/standards/yape)** via Banco de Crédito del Perú) <sup>[1][1], [2][2]</sup>. 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** <sup>[2][2]</sup>.

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 <sup>[2][2]</sup>.

## History

**2019 — Tenpo launches in Chile** <sup>[1][1]</sup>: Began as a mobile prepaid-account app with a Mastercard prepaid card targeting underbanked Chileans.

**2020s — scale + Credicorp control** <sup>[2][2]</sup>: Backed and ultimately controlled by **Credicorp**, the same group behind Peru's **[Yape](https://docs.barcoder.ai/docs/standards/yape)**; grew to millions of Chilean users.

**2020s — banking-license track (Tenpo Banco)** <sup>[2][2]</sup>: Advanced toward a CMF banking license to operate as a full digital bank in Chile.

## Ownership & operator

**Operating entity**: **Tenpo SpA** (Chile) <sup>[1][1]</sup>.

**Parent group**: **Credicorp** — Andean financial-services group (also parent of Banco de Crédito del Perú and **[Yape](https://docs.barcoder.ai/docs/standards/yape)**) <sup>[2][2]</sup>.

**Regulator**: **Comisión para el Mercado Financiero (CMF)** — Chile's financial-market regulator, supervising Tenpo's payment activities and prospective banking license <sup>[2][2]</sup>.

## Technical integration

Tenpo is a **card-rail digital wallet + emerging digital bank** <sup>[1][1], [2][2]</sup>:

| 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](https://docs.barcoder.ai/docs/standards/mach)** (Bci digital wallet), **[Banco Falabella](https://docs.barcoder.ai/docs/wallets/banco-falabella)**, and other Chilean fintech and bank apps <sup>[2][2]</sup>.

**Regulator**: **CMF**.

## Status

**Active** <sup>[1][1], [2][2]</sup>:
- **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

[1]: https://www.tenpo.cl/ "Tenpo — official site"
[2]: https://en.wikipedia.org/wiki/Tenpo "Tenpo — Wikipedia"
[3]: https://www.cmfchile.cl/ "Comisión para el Mercado Financiero (CMF) — Chile"

- [1] [Tenpo — official site][1]
- [2] [Tenpo — Wikipedia][2]
- [3] [Comisión para el Mercado Financiero (CMF) — Chile][3]

## Source

Biography extracted from [tenpo.md](https://docs.barcoder.ai/source/wallets/tenpo). See `matrix.md` for standards-support matrix if present.