Quipu Bank

Quipu is building the first digital bank for the informal economy in LATAM. Using proprietary AI algorithms, Quipu assesses informal microbusinesses’ creditworthiness using over 80,000 alternative data points. Quipu leverages this data to provide working capital loans through a local supply chain financing system that allows microbusinesses to buy supplies, ingredients and materials at wholesale price. The company is building an uncollateralized loan protocol to boost their loan operation. Quipu’s goal is to become the one-stop-shop for financial services for micro-businesses in LATAM providing easy, fair and alternative access to working capital.

Quipu Bank headquartered in South America, operates in the Financial Services, Communities, FinTech, Micro Lending, Cryptocurrency sector. The company focuses on Financial Services and has secured $306.6M in funding across 120 round(s). With a team of 11-50 employees, Quipu Bank is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Quipu Bank, raised $1.5M. Discover more about their projects, partnerships, and impact on our platform.