Hey Banco

Hey Banco is a Mexican 100% digital bank (Banregio’s digital arm, evolving into its own licensed bank) that lets you manage all your money from a mobile app instead of visiting branches. It offers debit and credit cards, loans, savings and investment products, insurance, and collection tools for businesses.

Core value proposition

• Fully app‑based banking so you avoid lines and paperwork at physical branches.
• A single app to save, invest (term deposits, funds, and stocks), get credit, and accept payments in your business.
• Backed by Banregio/Regional, with plans to operate as an independent digital bank under its own license.

Everyday banking products

• Hey accounts: Digital checking/savings accounts with a debit card, no maintenance fees, free transfers, and ATM withdrawals through Banregio and partners.
• Credit cards: No‑annual‑fee cards for individuals and businesses, with rewards, interest‑free installments, and the option to transfer existing balances from other banks.
• Payroll portability: Receive your salary in Hey Banco by redirecting payroll deposits from another bank, then manage everything in the app.

Saving and investing

• Term investments (pagarés): Time deposits contracted from the app, with promotional rates (e.g., around 7–8% annual in the first month) and maturities every 7 or 28 days depending on the product.
• Hey funds: Mutual funds with different risk/return profiles that you can subscribe to and redeem without hard lock‑ups.
• Hey stocks: An in‑app brokerage feature to buy and sell shares of leading companies, monitor your portfolio, and receive settlement typically within one business day.

Credit and insurance

• Loans: Fixed‑rate financing for cars, personal goals, or small‑business needs, with digital onboarding and flexible terms managed via the app.
• Hey insurance: Policies against fraud, theft, and accidental death that you can quote and purchase directly in the app, tailored to your lifestyle.

Business and payment solutions

• Collection solutions: Tools so merchants can accept payments easily, including payment links and other POS alternatives to help grow sales.
• The same app ecosystem supports both personal finance and small‑business money management, aiming to centralize day‑to‑day cash flow in one digital platform.