What is Tyba and how does it work in Peru?
Tyba is Credicorp Capital's digital investment platform that operates in Peru as a 100% online investment channel for BCP (Banco de Crédito del Perú) clients. Its business model is based on simplifying access to investments in the United States, allowing anyone with a bank account in soles or dollars to start investing from very low amounts through a platform considered very useful for beginners.
Is Tyba a regulated platform?
Yes, Tyba has the regulatory backing of the country's strongest financial institutions. The investment funds offered through the app are managed by Credicorp Capital S.A. SAF, which is under the direct supervision and oversight of the Superintendencia del Mercado de Valores (SMV). It is also regulated in the United States by FINRA and the SEC. As part of Credicorp Ltd. (a holding company listed on the New York Stock Exchange), the platform complies with international standards of transparency and auditing. This structure ensures that users' money is segregated from the company's assets and held in custody under the Peruvian legal framework, offering institutional security identical to that of traditional banking.
What can you invest in with Tyba?
Tyba's offering in Peru is mainly divided into three product families designed for different risk profiles. First, it offers access to mutual funds with exposure to both the local and international market (including U.S. stocks, Europe, and emerging markets). Second, it offers tyba Pocket, a low-risk and high-liquidity option designed for short-term money that generates daily returns without holding periods. Finally, the platform has recently integrated the direct purchase of U.S. Stocks and ETFs, allowing users to acquire fractions of global companies from minimal amounts, complementing its managed-fund strategy with the flexibility of individual trading.