Plin
PeruFintechFounded 2019
Plin is a Peruvian fintech service that enables instant, free peer-to-peer payments and QR-based transactions between individuals and businesses through participating banks' mobile apps. It solves the problem of slow and costly interbank transfers by allowing users to send and receive money using only a phone number or QR code. Plin is operated by a consortium of major Peruvian banks including BBVA, Interbank, and Scotiabank, and is available to their customers. The service also supports interoperability with Yape, another popular Peruvian payment platform, and is promoted as a way for businesses to grow by accepting digital payments.