Bre-B system surpasses 100 million keys in six months

The interoperable payments system Bre-B, operated by Colombia's Banco de la República, hit 103.38 million registered keys in its first six months, per data as of April 5. The report notes an average of three keys per client and 34.66 million users. It has processed 638.69 million transactions averaging $157,193.

Colombia's Banco de la República reported that Bre-B marked six months of operation this Monday, revolutionizing financial transfers with faster, simpler transactions.

Data as of April 5 reveals 34.66 million users and 103.38 million registered keys. A total of 638.69 million transactions have been completed, averaging $157,193 each.

Alphanumeric keys lead with 57.7 million (55.8%), followed by cell phone numbers (20.8 million, 20.1%), identity documents (13 million, 12.5%), email addresses (8.4 million, 8.1%), and merchant codes (3.6 million, 3.5%).

The report states an average of 1.5 keys per payment method and three per client, signaling deeper integration into daily financial life and progress in interoperability across institutions.

Makala yanayohusiana

Banco de Bogotá launched a new feature allowing customers to generate QR codes linked to their Bre-B keys for secure and simple payments. The tool is available to individuals, freelancers, and businesses from any bank or digital wallet. It aims to enable real-time collections without POS devices.

Imeripotiwa na AI

The Banco de la República received an award in the Central Banking Awards 2026 for the Bre-B system, in the retail payments and market infrastructure development category. This recognition highlights advances in interoperable instant payments in Colombia.

In its latest monthly update, Colombia's Banco de la República reported accumulated profits of $2.55 trillion through March 2026—a 43% drop from $4.43 trillion in March 2025. This continues a downward trend following February's 8.49% decline to $2.67 trillion (part of our ongoing Banco de la República Profits Reports series). Assets, equity, and reserves also fell.

Imeripotiwa na AI

Colombian fintech Emonkey announced the launch of 'cash advances', projecting over $1.200 million in credits this year. The solution aims to provide formal liquidity access for emergencies. The move addresses the fact that only 51% of Colombians have formal credit access, per Asobancaria.

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