Coru is Driving the Fintech Boom in Mexico

Coru is one of the leading Fintech startup companies in mexico that drives financial progress in Mexico through innovation.

June 11, 2019 /MarketersMedia/ —

From Sept 2017 to Sept 2018, The Mexican fintech ecosystem has seen the second highest growth rate in Latin America countries with an annual growth rate of 40%. The government has undertaken remarkable initiatives to enhance access to services such as digital banking, mobile payments, loans and much more. These regulations create a more structured ecosystem for the development of the market helping to build a more stable and predictable market for investors to look upon.

Last year, Mexican Fintech startups have raised more than $100 Million in investment. These investment rounds have been led by domestic and international investors like QED Investors, Vostok Emerging Finance, Kaszek Ventures among others. Fintech solutions hold huge benefits for businesses, especially for the new ones and existing small businesses. Innovative financial solutions help SMEs grow at a faster pace by providing better cash flow with digitized payments, enhanced working capital management and easy access to capital.

Platforms like CORU in Mexico are leveraging technology and data to connect millions of largely underserved users to credit cards and other payment products that match their needs and risk profile.

Coru has helped over 4 million Mexicans to choose, get approved, and manage their financial products. Their online platform promise is to make “financial life easy” for the people in Mexico. Its platform provides unbiased transparency around credit cards, personal loans, and insurance products, and removes most of the unnecessary friction to get the right product for each user.

BOILERPLATE
Mexico is the second fastest growing economy in Latin America led by its initiatives in the technological landscape. Having the required resources and economic growth opportunities, it has attracted capital infusion in its technological ecosystem led by Fintech. Various initiatives taken by its government and emerging fintech startups empowered youth and business in shaping the country for a technologically empowered financial ecosystem.

About Company:
Coru is one of the leading Fintech startup companies in mexico that drives financial progress in Mexico through innovation. Their platform is unique in the intelligent way in which it provokes a tie between people and their correct financial product, the one that is appropriate for each user, all this in the simplest, most transparent and fastest way in the market.

Contact Info:
Name: Coru
Email: Send Email
Organization: Coru
Website: https://coru.com/

Source URL: https://marketersmedia.com/coru-is-driving-the-fintech-boom-in-mexico/523101

Source: MarketersMedia

Release ID: 523101