!!better!! — Nequi Deposit Insurance

| Feature | Nequi (Sociedad Financiera) | Traditional Bank (Establecimiento de Crédito) | | :--- | :--- | :--- | | | Superintendencia Financiera | Superintendencia Financiera | | Insurance Entity | FOGADE Seguros | FOGADE Seguros | | Coverage Cap | COP $51,800,000 (21 minimum wages) | COP $51,800,000 (21 minimum wages) | | Coverage Type | Demand Deposits (Savings) | Savings, Checking, CDs (CDT) | | Risk Level | Equivalent to Traditional Bank | Standard |