Alfintech, part of Alfin Banco and Grupo Coril, has entered into a strategic partnership with Máximo, a leading fintech in Peru aimed at the younger generation. This collaboration is set to deliver an unparalleled digital banking experience to Máximo’s customers by leveraging Alfintech’s financial solution expertise and Máximo’s technological prowess.
The rise of mobile applications and technology as an enabler has significantly increased the use of electronic wallets in Peru, now reaching 45% of the population. This partnership introduces Ahorro Max, an interoperable savings account from Máximo that allows users to send and receive money from all banks and financial institutions via Máximo’s wallet. This service can be accessed digitally in under three minutes without the need for physical queuing or complex procedures, secured and supervised by Alfin Banco.
Guillermo Nalvarte, Manager of Alfintech, expressed enthusiasm about the partnership, emphasizing its potential to redefine digital banking in Peru. “This collaboration reflects our commitment to providing innovative and accessible financial solutions, and we are confident that it will be pivotal in reshaping digital banking in Peru,” he stated.
Furthermore, Isabel Palao, CEO of Máximo, highlighted the strategic importance of the partnership. “We are excited to partner with Alfin Banco to offer our customers a more comprehensive banking experience. This service, Ahorro Max, positions us as the first fully interoperable fintech in Peru. This collaboration underscores our ongoing commitment to providing technology-based solutions that simplify financial lives,” she remarked.
With Ahorro Max, Máximo and Alfin Banco, through Alfintech, are paving the way toward a more inclusive and accessible financial future for all Peruvians. This initiative seeks to enhance the accessibility, usage, and understanding of financial products, ultimately promoting greater financial well-being.