April 2, 2019

10 FinTech Startups in Mexico Worth Your Attention

Since the start of 2018, Mexico’s financial regulators have adopted a progressive approach towards financial inclusion and policymakers are looking at FinTech startups & banks to help them. In January 2019, Mexico unveiled new measures to boost financial inclusion and promote new payments platforms for mobile devices. In 2018 alone, over 130 FinTechs were founded in Mexico. Overall, Payments & Remittances, Lending, and Enterprise Financial Management are the hottest segments in terms of the number of startups. Here is a list of 10 well-funded FinTech startups in Mexico: PayClip was founded in 2012 and has raised $42.3 million in total funding. PayClip enables merchants to accept payments on their smartphone or tablet using the Clip card reader. The company offers a portable card reader that fits into the headphone socket of smartphones and tablets. PayClip was formerly known as BlitzPay, Inc. Konfio was founded in 2013 and has raised $43…

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