BancoSol
The world's first regulated commercial bank dedicated to microfinance
La Paz, Bolivia · Founded 1992
- Headquarters
- La Paz
- Employees
- 1001–5000
- Founded
- 1992
- Business Model
- B2C
- Website
- bancosol.com.bo
About
BancoSol (Banco Solidario S.A.) is a Bolivian commercial bank and pioneer in global microfinance. Co-founded in 1992 by Accion as the world's first regulated commercial bank exclusively dedicated to microfinance, BancoSol evolved from PRODEM, a non-profit organization established in 1986. Headquartered in La Paz, Bolivia, the bank provides a full range of financial services — including savings accounts, loans, digital payments, and mobile banking — to low-income individuals and micro-entrepreneurs across Bolivia. BancoSol today serves approximately two million clients, making it one of the largest microfinance institutions in the world. The bank's digital offerings include the 'altoke' QR payments app and the 'app Sol' mobile banking platform, reinforcing its commitment to financial inclusion through technology.
Summary
BancoSol is a Fintech company based in La Paz, Bolivia, founded in 1992.
Tech & App Stack
2 technologies & apps tracked
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