Brubank
| Company type | Private |
|---|---|
| Industry | Financial technology, Mobile banking |
| Founded | 2017 |
| Founder | Juan Bruchou |
| Headquarters | Buenos Aires , Argentina |
| Products | Mobile banking, Visa debit card, currency conversion, fixed-term deposits |
| Owner | David Thomson (15% ownership as of August 2019) |
| Website | www |
Brubank is a digital financial institution based in Buenos Aires, Argentina. Functioning as a financial technology enterprise, it delivers mobile banking solutions and various financial offerings. Brubank holds the distinction of being the first fully digital bank established in Argentina.
Services
All customer accounts at Brubank are connected to a Visa debit card. The bank facilitates currency conversion between United States dollars and Argentine pesos and provides options for fixed-term deposits in both currencies.
History
Brubank was established in 2017 by Juan Bruchou, who previously served as CEO of Citibank Argentina. Designed as a branchless digital bank, it obtained its operational authorization from the Central Bank of Argentina in September 2018. Following an initial testing phase involving friends and family, the mobile application became available on both Apple and Android devices. In August 2019, Canadian billionaire David Thomson invested by acquiring a 15% ownership share in the company.