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

Active [1, 2]:

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.