“Can a small Costa Rican fintech team build the regulated payment infrastructure layer that enables the next generation of SINPE-connected financial products in Central America?”
Zimplifica started as a fintech technology studio within the Netcom Business Group, building bespoke mobile/web apps and banking solutions for the Costa Rican market. After spending nearly two years attempting to gain SINPE access through partnerships with local cooperatives and banks — none of which materialized — the team made the pivotal decision to seek direct regulatory authorization from the Central Bank of Costa Rica (BCCR). This resulted in Zimplifica becoming a licensed Payment Service Provider with direct SINPE connectivity, operating Resource Management Accounts (CAR) with 100% of client funds custodied at the BCCR. The company now positions itself as a regulated fintech infrastructure provider rather than a traditional bank, and also sells the underlying platform to other fintechs as a BaaS layer.
Zimplifica discloses Zimplifica (self-operated) as its banking provider, according to the Embedded Finance Index 2026.
Zimplifica does not disclose a bank charter of its own; its banking services are provided through Zimplifica (self-operated).
Zimplifica processes payments through Zimplifica PSP (self-operated).
Zimplifica uses Scantica (self-operated) for KYC and identity verification.
The Embedded Finance Index 2026 maps 3 layers in Zimplifica's stack: Payments / PSP (Zimplifica PSP (self-operated)); Banking / BaaS (Zimplifica (self-operated)); KYC (Scantica (self-operated)).
Zimplifica was founded by José Daniel Sánchez (CTO Co-founder) and Julio Sánchez Murillo (Co-Founder, Commercial Director) and is headquartered in San Pedro de Montes de Oca, San José, Costa Rica.
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