Nequi, known as one of the most popular virtual walletshas become a digital financial platform where more and more people make transactions to and from anywhere in the country.
Through its figures, the financial entity explains how Colombians handle money.
According to data from the financial entity, two out of every five Colombians have Nequi and nearly 11 million people use the app at least once a month to make a transactionwhich represents 69 percent of its users.
Through this online platform, the entity mentions that more than 16 million users send and receive moneythey manage their finances, make digital payments, among other things.
Andrés Vásquez, CEO of Nequi, mentions that the above is a trend that “shows that Colombians are appropriating the use of silver digitally and that it was not just an issue during the pandemic. For example, 10 million Nequi users make 134 million shipments from Nequi to Nequi in a month; and 9 million people make 31 million transfers from Nequi to other banks“.
Regarding the use of other means, Vásquez points out that “a significant percentage of physical transactions and cash withdrawals are still maintained. Figure that could be lower, due to the ease, speed and interoperable offer that we have”.

Nequi has become the main account of 3.5 million users.
Time / Courteous
The company indicates that, according to its figures, Nequi has become the main account of 3.5 million users.
Regarding the movements made, the entity highlights that at least 86 percent of these were made digitally, which include: recharges, bringing money from PayPal, sending money from Nequi to Nequi and other banks.
additional, in May 2023 an average of 220 million transactions were reported. 1 percent represents transactions made by userss physically without cash, that is, those made with Nequi cards, physical Visa and QR codes.

In May 2023, an average of 220 million transactions were reported.
Application: Nequi/iSotck
On the other hand, the cities that use this digital wallet the most are: Bogotá, with 29 percent, Antioquia, with 11 percent, and Valle del Cauca, with 8 percent.. These are the ones that concentrate the largest number of users throughout the country.
For its part, internationally, the countries from which more money is received are the United States, Spain and Chile, this is equivalent to 37 percent of its clients.
In addition, the company highlights that the 46.5 percent of the users who have used this remittance service are between 25 and 37 years old old.
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