BCP Invests $650 Million in Hybrid Cloud Modernization with Microsoft and Kyndryl

  • Banco de Crédito del Perú (BCP) is launching a $650 million investment to modernize its systems using hybrid cloud technology through partnerships with Microsoft and Kyndryl.
  • The initiative, one of the largest tech investments in Latin America’s financial sector, will leverage Microsoft Azure to create a more flexible IT environment, enhancing digital channel agility and availability.
  • This transformation supports BCP’s vision of providing seamless online and mobile services to drive financial inclusion, aligning with the bank’s mission to empower customers’ financial growth.
  • The modernization will optimize BCP’s retail, corporate banking, and insurance services, ultimately delivering a faster, more efficient digital experience.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...