IFS (NYSE: IFS) and InRetail create $130M consumer finance joint venture

Rhea-AI Filing Summary

Intercorp Financial Services Inc. (IFS) has entered into a joint venture with InRetail Perú Corp. to acquire InFinance XP S.A. (formerly Financiera Oh!). The partners bought 100% of InFinance XP via the purchase of IXP Holding Corp. from IFH Retail Corp. for $130 million, effective as of April 1, 2026.

InFinance XP serves about three million customers, with S/ 1.7 billion in total loans and S/ 1.5 billion in total deposits. It recently launched the SIP app, which integrates financial products, payments, and a loyalty program. IFS contributes a broad financial-services platform, while InRetail adds a nationwide retail network of more than 4,000 stores to build a larger consumer financing and payments ecosystem.

Positive

• Strategic expansion in consumer finance and payments: The $130 million joint venture gives IFS and InRetail full ownership of InFinance XP, adding three million customers and a sizable loan and deposit base into their ecosystem.
• Strong distribution and digital platform combination: InRetail’s 4,000+ stores and InFinance XP’s SIP app provide both physical reach and a digital channel to scale consumer financing and payments offerings.

Negative

• None.

Insights

Latin America financial services analyst

IFS and InRetail are making a sizable, strategic move into consumer finance and payments.

IFS and InRetail are jointly acquiring InFinance XP for $130 million, giving them full control of a lender with around three million customers, S/ 1.7 billion in loans, and S/ 1.5 billion in deposits. The deal is structured as a joint venture, effective from April 1, 2026.

This combination links IFS’s banking, insurance, wealth and payments capabilities with InRetail’s network of more than 4,000 stores across Peru. That pairing can deepen credit and payments penetration inside an already large retail footprint, especially as InFinance XP has launched the SIP app to integrate products and loyalty.

The transaction looks strategically important because it builds a broader consumer financing and payments ecosystem around existing franchises. Actual financial impact will depend on how well they grow usage of SIP, manage credit risk in a larger loan book, and cross-sell across retail and financial channels over coming reporting periods.

Key Figures

Acquisition price: $130 million InFinance XP customers: 3 million customers Total loans: S/ 1.7 billion +2 more

5 metrics

Acquisition price $130 million Purchase of IXP Holding Corp. for InFinance XP joint venture

InFinance XP customers 3 million customers Customer base of InFinance XP S.A.

Total loans S/ 1.7 billion InFinance XP total loan portfolio

Total deposits S/ 1.5 billion InFinance XP total deposits

InRetail store network More than 4,000 stores InRetail’s retail presence across Peru

Key Terms

Material Event, Stock Purchase Agreement, joint venture, ecosystem for payments and consumer financing, +1 more

5 terms

Material Event regulatory

"Intercorp Financial Services Inc. (“IFS”) notifies you, as a Material Event, the following"

Stock Purchase Agreement financial

"a Stock Purchase Agreement (the "Stock Purchase Agreement") has been entered into"

A stock purchase agreement is a legal contract that sets the terms for buying or selling shares, specifying the price, number of shares, how payment is made, and any conditions or promises each side must meet. It matters to investors because it defines who owns what, when ownership changes, and what protections or obligations attach to the deal—think of it as a detailed receipt plus the house rules that determine the financial risks and benefits of the transaction.

joint venture financial

"The transaction has been structured as a joint venture between InRetail and IFS."

A joint venture is when two or more companies team up to work on a specific project or business idea, sharing both the risks and the rewards. It’s like friends starting a lemonade stand together—each contributes resources and they split the profits, making it easier to succeed than going alone.

ecosystem for payments and consumer financing financial

"The integration of these assets will enable the creation of a robust ecosystem for payments and consumer financing"

loyalty program financial

"an app that integrates its financial and payments products, as well as its loyalty program."

A loyalty program is a system used by businesses to reward customers for their continued patronage, often through points, discounts, or special offers. It encourages repeat business by making customers feel valued and more likely to choose that company again. For investors, loyalty programs can help build a stable customer base and increase long-term revenue.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number 001-38965

INTERCORP FINANCIAL SERVICES INC.

(Registrant’s name)

Intercorp Financial Services Inc.

Torre Interbank, Av. Carlos Villarán 140

La Victoria

Lima 13, Peru

(51) (1) 615-9011

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

April 6, 2026

Securities and Exchange Commission - SEC

Re.: MATERIAL EVENT

Dear Sirs:

Intercorp Financial Services Inc. (“IFS”) notifies you, as a Material Event, the following:

1.On April 6, 2026, a Stock Purchase Agreement (the "Stock Purchase Agreement") has been entered into between IFH Retail Corp. ("IFH Retail"), as seller, and IFS and InRetail Perú Corp. ("InRetail"), as purchasers, by virtue of which: (a) IFS has acquired fifty per cent (50%) of the shares representing the corporate capital of IXP Holding Corp. ("IXP Holding"); and (b) InRetail has acquired fifty per cent (50%) of the shares representing the corporate capital of IXP Holding; for a total amount of US$130 million. Pursuant to the parties' agreement, the Stock Purchase Agreement is effective as of April 1, 2026. Pursuant to this transaction, IFS and InRetail have acquired indirectly a hundred per cent (100%) of the shares representing the corporate capital of InFinance XP S.A. (formerly Financiera Oh! S.A.).

2.On April 6, 2026, IFS and InRetail have issued the press release attached as an exhibit to this Form 6-K.

Exhibit		Description
99.1		Press Release

The aforementioned resolutions will be effective as of today.

The information in this Form 6-K (including any exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Sincerely,

/s/ Juan Antonio Castro

General Counsel

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		INTERCORP FINANCIAL SERVICES INC.
Date: April 6, 2026		By:	/s/ Juan Antonio Castro Molina
		Name:	Juan Antonio Castro Molina
		Title:	General Counsel

IFS and InRetail Boost their Consumer Financing and Payments Ecosystem Through a Strategic Partnership

Lima, April 6, 2026. – InRetail Perú Corp. (InRetail) and Intercorp Financial Services Inc. (IFS) announced the acquisition of InFinance XP S.A. (formerly Financiera Oh!), through the purchase of IXP Holding Corp. from IFH Retail Corp. for $130 million.

The transaction has been structured as a joint venture between InRetail and IFS.

InFinance XP has approximately three million customers, S/ 1.7 billion in total loans, and S/ 1.5 billion in total deposits. Recently, the company launched SIP, an app that integrates its financial and payments products, as well as its loyalty program.

This transaction leverages the solid financial position of IFS, a platform that combines banking, insurance, wealth management, and payment services.

InRetail, on the other hand, has consolidated itself as the leading retail platform in Peru, operating a network of more than 4,000 stores across various formats and brands. This extensive geographic presence allows it to reach millions of consumers nationwide.

The integration of these assets will enable the creation of a robust ecosystem for payments and consumer financing, offering a superior value proposition to consumers and a scalable platform for digital solutions — expanding access and convenience for millions of families through a customer-centric financial offering.

About IFS

Intercorp Financial Services is the financial platform that brings together Interbank, Inteligo, Interseguro and Izipay, offering banking, insurance, wealth management, and payment services.

About InRetail

InRetail is a retail platform that brings together Supermercados Peruanos, InRetail Pharma, and InRetail shopping malls, with a leading presence in Peru.

FAQ

What did Intercorp Financial Services Inc. (IFS) announce in this 6-K?

IFS announced a joint venture with InRetail Perú Corp. to acquire 100% of InFinance XP S.A. through the purchase of IXP Holding Corp. from IFH Retail Corp. for $130 million, effective April 1, 2026, expanding their consumer finance and payments ecosystem.

How much did IFS and InRetail pay to acquire InFinance XP S.A. (Financiera Oh!)?

IFS and InRetail agreed to pay a total of $130 million to buy IXP Holding Corp. from IFH Retail Corp. This transaction gives them indirect ownership of all InFinance XP shares and forms the basis of a new joint venture in consumer financing and payments.

How large is InFinance XP’s customer and balance-sheet base after the IFS deal?

InFinance XP has approximately three million customers, with S/ 1.7 billion in total loans and S/ 1.5 billion in total deposits. These figures indicate a sizeable consumer finance franchise that now becomes part of the combined IFS and InRetail payments and lending ecosystem.

What is the SIP app mentioned in the Intercorp Financial Services (IFS) filing?

SIP is a recently launched app from InFinance XP that integrates its financial and payments products with its loyalty program. It is designed to offer a single platform where customers can manage credit, make payments, and access rewards, supporting digital growth for the joint venture.

How does InRetail Perú Corp. contribute to the new IFS consumer finance venture?

InRetail contributes a leading retail platform in Peru, operating more than 4,000 stores across supermarkets, pharmacies, and shopping malls. This extensive physical network allows the joint venture with IFS to distribute consumer financing and payment products to millions of shoppers nationwide.

Why is the InFinance XP acquisition important for IFS shareholders?

The acquisition gives IFS exposure to three million additional customers, a significant loan and deposit base, and a modern digital app, SIP. Combined with InRetail’s nationwide stores, it supports a broader ecosystem for payments and consumer finance that can deepen customer relationships over time.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 9.6 KB