Mexico is the most popular Latin American country with the highest number of tourists over the last few years. It is one of the most promising economies in the North American continent. Over the last few years, Mexico has seen a huge growth in its fintech sector which is composed of digital and app-based financial solutions. In this article from real money online casino in Australia, we will be listing some of the most promising startups in the country.
Kavak is a Mexico City-based company that is focused on the purchase of automobiles online and it already has over 4,300 employees following the injection of funds. The platform has managed to raise $700 million, making it one of the most valued Latin American startups. Kavak was established in 2016, and its business is not only available in Mexico, but also in Brazil and Argentina. Some of its major investors are F1 driver Sergio Perez and soccer players Guillermo Ochoa and Arjen Robben.
This is another Mexico City-based platform that is dedicated to making cryptocurrency exchange better for Mexicans. Having been founded in 2014, Bitso is currently valued at $2.2 billion after raising $250 million in funding last year. It has 430 full-time staff that manages the platform’s 3 million registered accounts. With Mexico becoming the first country to make Bitcoin legal tender globally, Bitso will be supporting El Salvador’s Chivo wallet. Some of its prominent investors are Pantera Capital, QED Investors, and Hard Yaka.
Homie brings a little diversity into Mexico City’s economy, which is being filled with fintech startups. Homie is a startup that was founded in 2015 to focus on real estate. This startup employs the use of its online platform to organize viewings, facilitate rentals, vet interested parties and oversee rental processes. It can also serve as a fintech app as tenants can pay their rent through the platform to give landlords peace of mind without having to bring up a notice. It is quite convenient for the tenants as no third-party endorsement is needed, and they can play games at sagamblingsites in peace.
This is another startup company that is quite different from the fintech platforms flooding our media. Miny offers on-demand salaries to employees of over 100 companies. The platform won’t charge interest or commission and users can easily withdraw money from the mobile app which has the same rate as the normal ATM withdrawal. Minu, which was established in 2019, has 76 full-time employees. It has managed to attract investments from big tech figures like Bill Gates, Jeff Bezos, and Mark Zuckerberg