- byJort Van Der Horst
- February 12, 2024
- No comments
- 1 minute read
Techreo, a Mexican digital platform that offers financial services for the underbanked in Latin America, secured $3.4M in funding from G2 Momentum Capital and Creation Investments Capital Management.
Techreo’s solutions include digital and physical debit cards, electronic transfers, bill payments, loans, investments, remittances, and financial education programs.
Techreo will use the funds to enhance its technology and expand its operations in Mexico and Bolivia, focusing on marketing and talent acquisition.
“We are committed to being a catalyst for social change in Latin America, starting with our expansion into Bolivia and focusing on Peru, Colombia, Ecuador, and the Hispanic population in the United States,” said Iliana de Silva, CEO and Co-founder of Techreo.
Founded in 2022, Techreo has over 400,000 users in Mexico and 40,000 in Bolivia.
Read more on Tekios
Jort Van Der Horst
Jort is a financial journalist who specializes in emerging market economies. He writes a blog focused on Latin American financial markets. Previously, he worked as a multi-asset portfolio manager and management consultant for financial services.
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