{"id":5533,"date":"2018-01-18T11:15:49","date_gmt":"2018-01-18T11:15:49","guid":{"rendered":"https:\/\/insights.invyo.io\/latam\/?p=5533"},"modified":"2018-01-18T11:39:58","modified_gmt":"2018-01-18T11:39:58","slug":"nequi-the-first-digital-only-bank-in-colombia","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/latam\/fintech-corner\/nequi-the-first-digital-only-bank-in-colombia\/","title":{"rendered":"Nequi, the first digital-only bank in Colombia"},"content":{"rendered":"

Nequi is a Colombia-based Fintech that was first created by Bancolombia, one of the biggest bank in the country, to provide a fully digital banking experience to customers.<\/strong><\/p>\n

Nequi<\/strong><\/a> is said to be the first neobank in Colombia, in other words, a new generation of bank that uses technologies to improve customer experience and let people open an account or better manage their savings over time.<\/p>\n

Even though Nequi is owned by Bancolombia, it is completely independant<\/strong> which means that customers can open an account<\/strong> without being affiliated to Bancolombia. The company likes to describe itself as the Spotify or Netflix of finance.<\/p>\n

In a recent interview delivered to La Republica,\u00a0Ang\u00e9lica Mancilla, director at Nequi said:<\/p>\n

It is a modern way of breaking with traditional schemes, avoiding old procedures. Instead of keeping their money at home, people can manage their savings on cell phone, fill-in services like DirecTV, etc. By doing so, we contribute to democratize the use of finance.<\/p><\/blockquote>\n

Anyone older than 13 years old<\/strong> can open an account at Nequi by downloading the mobile app<\/strong>, in just a matter of seconds and for free. The onboarding process and KYC<\/strong> has been designed in such a way that it makes it super easy for customers to open their account, using facial and voice recognition<\/strong>.<\/p>\n

Nequi is also relying on a collaborative approach<\/strong>, by asking its customers what type of financial products<\/strong> they would need and how they would like it to be delivered.<\/p>\n

The company’s ambition is to reach 650 000 accounts<\/strong> by the end of the year.<\/p>\n

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Nequi is a Colombia-based Fintech that was first created by Bancolombia, one of the biggest bank in the country, to provide a fully digital banking experience to customers. Nequi is said to be the first neobank in Colombia, in other words, a new generation of bank that uses technologies to improve customer experience and let […]<\/p>\n","protected":false},"author":2,"featured_media":5534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,18,3,6],"tags":[1782,1783,1781,159,1779,1534,364,425,1784,1624,807,857,880,1670,1780,976,1778,1079,1103,1220],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n\t\n\t\n