Quipu

Quipu is a fintech solution addressing the $1.4 trillion funding gap for micro, small, and medium enterprises (MSMEs) in Latin America. Using artificial intelligence, Quipu analyzes over 80,000 alternative data points, including audiovisual content, social media interactions, and payment patterns, to create accurate credit assessments for businesses typically excluded from traditional financial systems. This approach enables fair and affordable credit access for underserved MSMEs, particularly in Colombia where only 9% of 6 million microentrepreneurs have access to formal credit. Quipu’s solution also includes a GenAI assistant on WhatsApp that supports entrepreneurs with the management of their business. With partnerships with major institutions from banks and telcos, Quipu has acquired 70,000 users and has already provided working capital to nearly 15,000 businesses. The project aims to scale operations, enhance the AI algorithms with an equitable lens, and expand its impact across Latin America by offering the technology to traditional financial institutions, fostering financial inclusion and economic growth. 

Quipu’s leadership team is composed of experts in AI, finance, urban planning, and social impact, bringing both industry experience and a deep commitment to economic inclusion.