cumplo

Cumplo is a Chilean fintech company that operates an online platform for crowdlending, connecting small and medium-sized enterprises seeking credit with a network of individual and institutional lenders. Through the platform, SMEs post loan campaigns detailing requested amounts, terms, and repayment schedules; lenders fund the loans in whole or in part. Once a campaign is funded, funds are disbursed to the borrower and repayments are collected through the platform until the loan matures. Cumplo earns revenue mainly from fees charged to borrowers and/or lenders for arranging and administering the loan.

The platform markets itself as an alternative to traditional bank lending, aiming to speed up access to capital and improve pricing transparency. It relies on an internal credit assessment process that combines financial data, business plans, and other indicators to price loans and manage risk. Investors on Cumplo choose campaigns in line with their risk tolerance and return expectations, subject to platform disclosures.

Regulatory oversight in Chile is provided by the financial market regulator CMF and related anti-money-laundering and know-your-customer requirements; platforms like Cumplo must comply with applicable securities and consumer-protection rules. Cumplo has been part of the broader Latin American fintech lending ecosystem, with emphasis on risk management, disclosure, and investor protection.

See also: Peer-to-peer lending, Crowdfunding, Fintech, Chilean financial market regulation.