“Can a Peruvian lender become the embedded consumer-credit rail for LatAm e-commerce by underwriting small-ticket installment financing in under 37 seconds?”
Founded 2018-2019 by José Carrillo and Patrick Wakeham, Apurata launched as a direct-to-consumer instant personal lender in Peru (loans from S/100 to S/1,000) operating through Tecno Créditos S.A.C. under SBS authorization as a non-deposit-taking 'Casa de Préstamos'. It then extended into embedded POS financing with aCuotaz — a BNPL product that lets Peruvian e-commerce merchants offer installment financing at checkout — and built aPagos, an internal bank-scraping/reconciliation tool. Apurata lends from its own balance sheet ('recursos propios') and handles payouts via manual bank transfers through BCP, BBVA Continental and Interbank.
Apurata processes payments through Manual bank transfers (self-operated), BCP, BBVA Continental and Interbank.
Apurata's lending and capital products are provided by Tecno Créditos S.A.C. (in-house).
Apurata connects to bank accounts through Bank account scraping (self-operated).
Apurata integrates with aCuotaz plugins for CMS platforms, REST API and Webhooks.
The Embedded Finance Index 2026 maps 4 layers in Apurata's stack: Payments / PSP (Manual bank transfers (self-operated), BCP, BBVA Continental and Interbank); Lending (Tecno Créditos S.A.C. (in-house), Apurata personal loans (S/100–S/5,000) and aCuotaz POS installment financing / BNPL for e-commerce); Open banking (Bank account scraping (self-operated)); Accounting (aCuotaz plugins for CMS platforms, REST API and Webhooks).
Apurata was founded by José E. Carrillo Pino and Patrick Wakeham and is founded in 2018, headquartered in Lima, Peru.
Get a read on where your own stack stands against Apurata and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.