Let’s now look to the Latin-American Fintech companies on the W21 batch of Y Combinator. In 2018 there were more than 1100 fintech companies in Latinoamerica according to the IDB and this sector has been growing a lot. The W21 batch of Y Combinator has 7 Latin-American fintech companies, 4 from Mexico, 1 from Brazil, 1 from Colombia and 1 from Chile:
Pagaloop from Mexico, helps SMBs owners in LATAM pay for working capital needs with personal credit cards to finance expenses such as rent, payroll, inventory and others; it’s founded by Gerardo Briones, Carlos Cruz, Luis Fernando Dosal G, and Alejandro Servin. They are looking for a Senior Frontend Developer.
Mendel from Mexico, simplifies the process for submitting and approving your company’s expenses; it’s founded by Alan Karpovsky and Alejandro Zecler.
Atrato Pago from Mexico, is a leading buy now, pay later solution for merchants in Mexico; it’s founded by Juan Casian, Alejandro Chavez and Rogelio Rea.
Z1 from Brazil, is a digital account for teenagers, linked to a Mastercard; it’s founded by Thiago Achatz, Mateus Craveiro, Sophie Secaf and Joao Pedro Thompson.
Fintoc from Chile, enables developers to initiate bank transfers and pull transactional data from their users’ bank accounts; it’s founded by Cristóbal Griffero and Lukas Zorich.
Treinta from Colombia is a mobile app that replaces the physical transaction book for the 50 million Latam businesses that are still disconnected from the digital world; it’s founded by Lluis Candell and Man Hei Lou. They are looking for a Product Lead.