[CLSTR]
< Back to situation

[REVISION HISTORY]

Nequi transition to independent financing company

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-29 02:00 UTC → 2026-08-31 22:46 UTC · added removed

In late July 2026, Nequi announced it would split from Bancolombia to become an independent financing company, Nequi Compañía de Financiamiento, owned by Grupo Cibest effective 1 September 2026. The transition is was described as a legal and administrative change; digital wallet services, including money transfers, recharges, and cash withdrawals, were expected to remain unchanged. Deposits were to remain protected by the Fogafín insurance scheme, and with the new entity will be supervised by Colombia’s financial regulator. As the transition approached, Nequi announced a series of partial service suspensions scheduled between the afternoon of 31 August and the early morning of 1 September 2026 to facilitate a technological update. These interruptions include included ACH transfers to other banks, transfers, PSE payments and recharges, payments, Bre-B operations, transfers to Bancolombia, international remittances, and PayPal-related transactions. However, the company clarified that the app itself would not be fully suspended, allowing users to continue Nequi-to-Nequi transfers and use Nequi Visa cards. In tandem with the independence move, Nequi announced a partnership with Redeban. This alliance aims Redeban to allow users with pre-approved credit to make payments via physical dataphones across Colombia, expanding on existing online credit-based shopping capabilities. Additionally, dataphones. On 31 August 2026, Nequi officially transitioned to an independent neobank operating as Nequi S.A. Compañía de Financiamiento. For its approximately 29 million users, the company provided guidance on daily experience remains unchanged, including the 4x1000 financial movement tax, noting that users can increase their exemption limit by converting accounts ability to use Bancolombia ATMs and correspondents without additional costs. This restructuring allows Nequi to potentially expand into savings accounts. foreign exchange, remittances, and investment products like Certificates of Deposit (CDT). User deposits are now backed by Fogafín insurance, providing coverage of up to $50 million pesos per depositor.

Versions

  1. 2026-08-31 22:46 UTC Nequi transition to independent financing company
  2. 2026-08-29 02:00 UTC Nequi transition to independent financing company
  3. 2026-08-05 19:22 UTC Nequi separation from Bancolombia
  4. 2026-08-03 13:01 UTC Nequi separation from Bancolombia

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.