| Founded | 2018 |
|---|---|
| Closed | 2022 |
| Country | Chile |
| Sector | Fintech |
| Total raised | ~$6M |
| Collapse type | Silent Shutdown |
| Founder | Sebastián Quinteros |
Plena
"Chilean fintech offering payroll-linked credit to underbanked workers — wound down in 2022 when credit losses outpaced the growth needed to cover the risk model's fixed costs."
Quiet closure with no public announcement
Key Events Timeline
Plena was founded in Santiago in 2018 to provide payroll-advance lending and credit cards to Chilean workers who lacked access to traditional bank credit.
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