https://globokas.net/
| Sector: | Finance |
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| Entry year: | 2022 |
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| Fund: | Maj Invest Financial Inclusion Fund III K/S |
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| Ownership: | 34.3% |
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| Other shareholders: | Accion, Nuveen, Founder |
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| CEO: | Yang Chang |
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| Chairman: | Gino Picasso |
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| Maj Invest contact: | Victor Pinto |
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| Revenue: | USD 17 million |
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| EBITDA: | USD 6.2 million |
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| Employees: | 218 |
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Business model
GTV Globokasnet LLC, parent company of Globokas Peru S.A (GKN), was founded in 2007 and is the largest multi-bank correspondent agent network in Peru with a network of +14,000 independent micro-small mom-and-pop corner stores, called agents, dispersed throughout the country, mainly in rural areas where financial institutions have little or no physical presence.
GKN connects more than 56 financial institutions and service providers with end-clients in underserved communities using technology through micro-small mom-and-pop corner stores. Equipped with a point-of-sale, these micro-small stores can offer basic financial services to their communities on behalf of the partner financial institutions. Currently, more than 2.6 million low-income clients are able to cash-in and cash- out, pay their utility bills, buy airtime, among other basic transactions using GKN’s agent network.
