Neobanks and digital banking in Colombia, Mexico, Chile and Brazil

"Neobank" is not a legal category. In this directory it groups digital banks, wallets and accounts used mainly through an app. The license behind each one varies by country and company, and it determines what each can offer (deposits, credit, cards) and which regulatory duties apply.

On the official websites we checked on 2026-10-06: in Colombia, SFC-supervised financing companies (Nequi, RappiPay) and Banco Davivienda's wallet (DaviPlata); in Mexico, a SOFIPO (Klar), an IFPE (albo) and two commercial banks (Banco Plata, Kapital); in Brazil, payment institutions (Nubank via Nu Pagamentos, Neon), an SCFI (Cora) and banks (C6 Bank, Banco Inter). In Chile, Tenpo and MACHBANK present themselves as digital banking; we do not list their legal form here because we did not verify it on their websites.

By country: Colombia 5, Mexico 4, Chile 2, Brazil 6.