DIGITAL CREDIT · SUPERVISED ENTITIES
Loans on Platforms Supervised by Colombia’s Financial Superintendence
A platform can operate entirely from a smartphone while still being a bank or financing company subject to financial supervision. Nequi, Nu, Lulo, and RappiPay represent different versions of this model. SFC supervision adds specific rules for disclosure, consumer protection, and complaint handling, but each loan still has its own interest rate, requirements, insurance, limits, and risk assessment.
01
Verify the entity
02
Identify the loan
03
Review the costs
04
Keep the contract