We are adding a new project through a partnership with Tenpo, one of Chile’s leading fintech companies, backed by the Credicorp Group, to support its technological transition to Tenpo Bank, the country’s first 100% digital bank.

Tenpo is the first institution to receive a banking license from the Financial Market Commission (CMF, by its Spanish acronym) to operate on a fully remote model, thus transforming the experience of its nearly 2.5 million users. This evolution from prepaid accounts to a banking institution marks a new chapter for the Chilean financial system, where digitalization drives safer, more accessible, and more inclusive services.

As the partner responsible for restructuring the platform with the largest user base in the country, Flux IT will execute the migration of more than one million  bank accounts, including balances, prepaid cards, and associated savings accounts, enabling Tenpo to begin operating as a bank in 2026.

Beyond the data migration from one entity to another, the transition also ensures operational continuity throughout the entire process, allowing customers to continue using the platform without friction.

“This project is much more than a technological initiative: it represents the ability for Tenpo customers to continue operating in banking mode without interruptions, while preserving trust and continuity at a decisive moment. It is an instance where strength is demonstrated through execution and where every decision matters.”

Joaquín Díaz Velez, Business Manager at Flux IT

This partnership not only consolidates a technological evolution within the Chilean fintech ecosystem but is also key to inaugurating a new operational model and ensuring compliance with regulatory standards for all future neobanks.

“This project represents a fundamental milestone within the migration and transformation process that Tenpo is undergoing. At the same time, it provides us with a highly strategic positioning, as it is a core project within the first digital bank in the trans-Andean country, one of our target markets.”

Marcos Guidotti, Head of Sales at Flux IT

At Flux IT, we believe that supporting disruptive and pioneering companies in the fintech ecosystem is an opportunity to continue driving the digital transformation of the region and to contribute, through our know-how and technical quality, to making financial services simpler and more accessible for everyone.