NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced a new alliance with Rappi that will bring greater financial inclusion to Chile. This initiative is backed-up on the experience and support of both Itaú and Rappi.

This agreement aims to revolutionize the local financial market with simple, innovative and unique digital products, allowing an increasing number of individuals to access new financial solutions in an agile and digital way.

With this initiative, Itaú and Rappi seek to democratize financial services, promote greater inclusion and, at the same time, simpler and faster digitization that brings broad benefits to users.

“At Itaú we want to be where our clients need us and we are thrilled to offer them new, simple, useful and reachable platforms, making their day-to-day easier and walking them through their financial needs. Both Itaú and Rappi are recognized digital players, and this alliance will allow us to reach an increasing number of individuals,” said Gabriel Moura, Itaú Corpbanca CEO.