fintech / news / / The Manila Times
Milestone positions Credicorp-backed Tenpo as the first digital-native bank authorized to operate in Chile.
Tenpo is the first digital-native bank licensed to operate in Chile under General Banking Law.
KEY POINTS
- Tenpo received its final operating authorization from Chile’s Comisión para el Mercado Financiero in January 2026.
- Chile grants only one type of banking license, so Tenpo will face the same regulations as traditional banks.
- Over 2.5 million existing Tenpo users can upgrade to the new neobank at no cost through the app.
COMPANIES
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