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Flink is a NeoBank developed in Mexico that offers a modern and reliable technological platform, from which you can open an account for your money in just a matter of minutes, in addition to receiving an international MasterCard, enjoy the tools and functions that were developed for you and control of your money.
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SoftBank-backed Ualá makes international debut with Mexico
Contxto – For the first time ever, Ualá is scaling beyond its native Argentina. Rumors floated around last week that the fintech would launch into Colombia, but alas that wasn’t the case. Today (29), Ualá announced it’s expanding into Mexico. “We launched Ualá in Argentina three years ago with the purpose of making personal finances […]
Nubank’s latest feature is a prime example of why it’s popular in Brazil
Contxto – Splitting the bill at a restaurant amongst multiple people can make it easier on one’s wallet. But there’s always someone who’s tasked with the not-so-pleasant experience of keeping tabs on everyone and charging them if they don’t pay then and there. In that sense, Brazilian startup Nubank’s latest feature may provide those users […]
10 lessons for fintech in a post-Covid world
Contxto – What’s the post-Covid world going to be like? That’s that question on founders’ and investors’ minds alike. The answer still isn’t entirely clear, as practically all countries in Latin America are still grappling with the pandemic’s effects on their healthcare systems and population. The only thing that’s really certain is that the world […]
There is one great equalizer for challenger and neo-banks in Mexico
Today we had our Morning Coffee with Sam Garcia, Senior Associate at Amplo—a venture fund Contxto – It is estimated that 42 million Mexicans are unbanked and that millions more are “underbanked”, meaning that they have a bank but it does not offer mobile services, or are just generally unhappy with their current banking situation. […]
Mexico’s challenger and neo-banks. Do you know the difference?
Contxto – I’ll confess I didn’t until quite recently. And I don’t blame you if you’re not exactly clear as to the difference between a neo- and a challenger bank is. Often the terms are used interchangeably. We thought we’d help to clarify a bit by rounding up these cream of Mexico fintech in a […]
Mexico’s Stori is the latest neobank to cash-in, US$10 million in Series A2
Contxto – It’s that time of the year again! Another Mexican neobank has raised funding. According to a PR Newswire press release, Mexican mobile-only neobank, Stori, has concluded a US$10 million Series A2 round. A2? I swear I thought that was either an Audi or a steak sauce. Anyways, moving on. The investment was co-led […]
Mexico’s ecosystem of fintechs and VC grows with recent developments
Contxto – This is a two for one in news, readers. Starting off, according to Finnovista’s white paper “Latin America: Global Investors’ New Fintech Frontier,” Catalan software developer Latinia is a key player in Mexico’s fintechs. Specifically, the corporate venture capital (VC) firm from Spain is the largest investor in Finnovista’s Startupbootcamp accelerator program. And […]
TradeMachine raises equity for its stock investment algorithm
Contxto – Brazilian fintech TradeMachine raised an investment last week for R$2.2 million (over US$520,000) from Brazilian Energhias. The funds will be used to improve their current product, a platform that deploys algorithms to automate trade within the stock market. Plus, the startup plans to create an Applied Science Center in the São José dos […]
Fintech Flink wants to make investors out of millennials
Contxto – The new feature fun continues. Fintech Flink will be releasing an additional option for its app. As of the second quarter of 2020, users can invest directly in various companies via Flink’s platform. According to a recent press release, Flink has over 120,000 users among which 98 percent stated they were interested in […]
Latinia makes undisclosed investment in Mexican neobank, Flink
Contxto – Spanish fintech Latinia shook things up last week with the announcement of an undisclosed investment in B2C (business to customer) Mexican neobank, Flink. The Barcelona-based business stated that it shifted its B2B (business to business) focus with Flink due to the rising demand of neobanks in Latin America, specifically Mexico. Flink, for its […]