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FinTech Startups in Peru

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FinTech startups in Peru

There are 195 FinTech startups in Peru which include Yape, Rextie, VendeMás, Kambista, Prima. Out of these, 41 startups are funded, with 8 having secured Series A+ funding.
Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Bocconi University, Carnegie Mellon University and Columbia University.

Here is the list of top FinTech startups in Peru

1. Yape

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Digital payments platform offering a range of financial services. The platform that enables users to send and receive money, and also offers loan services.

Key facts about Yape

  • Founded Year: 2017
  • Location: Lima (Peru)
  • Stage: Unfunded
  • Tracxn Score: 53/100 What is this?
  • Competitors Rank: 83 of 2,437 Competitors
Online exchange platform focused on foreign currencies. It allows users to buy, sell, and exchange dollars and other currencies through online transfers, credit cards, and cash deposits. Features current exchange rates, factoring tools, invoice generation, and document verification solutions. Also, provides blogs and assistance to new users for currency exchange.

Key facts about Rextie

  • Founded Year: 2016
  • Location: Lima (Peru)
  • Stage: Seed
  • Total Funding till date: $1.9M
  • Investors: GRUPORPP, Citi and 2 Others
  • Latest Funding Round: Seed, Jul 20, 2023, $*****
  • Tracxn Score: 52/100 What is this?
  • Competitors Rank: 1 of 7 Competitors
VendeMas provides a point of sale hardware for businesses. It features solutions for accepting payment through credit and debit cards such as Sodexo, Mastercard, Maestro, UnionPay, American Express, etc.

Key facts about VendeMás

  • Founded Year: 2017
  • Location: Peru
  • Stage: Unfunded
  • Tracxn Score: 46/100 What is this?
  • Competitors Rank: 18 of 418 Competitors
Kambista provides an online platform for tracking foreign currency exchange rate. It enables users to track prices and buy & sell currency at a suitable rate. Also enables users to set alerts for buying and selling rates.

Key facts about Kambista

  • Founded Year: 2016
  • Location: Magdalena del Mar (Peru)
  • Stage: Unfunded
  • Tracxn Score: 46/100 What is this?
  • Competitors Rank: 1 of 105 Competitors

Key facts about Prima

  • Founded Year: 2005
  • Location: Lima (Peru)
  • Stage: Unfunded
  • Tracxn Score: 46/100 What is this?
  • Competitors Rank: 1 of 1 Competitors
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