In case you missed it: Tory Jackson, Galileo’s head of business development and strategy, Latin America, recently joined Stefan Möller, co-founder and CEO of Klar, to discuss the democratization of financial services within Latin America at Finnovista’s Finnosummit Connect.
During the chat moderated by iupana’s Founder and CEO Katie Llanos-Small, Jackson and Möller discussed Klar’s success in launching mobile-first debit and credit solutions for Mexican customers, and covered topics like product and mission strategy, accessibility and competition within the fintech market, and what fintechs like Klar look for in their enablement partners. “Democratization is the opportunity to make products for everyone,” explained Jackson.
He emphasized Galileo’s mission to accelerate financial inclusion in Latin America through innovative APIs, so fintechs can leverage these tools to produce impactful payment products. “I believe that behind every successful recipe is a good cook,” said Jackson.
“Because Klar knows its users deeply, they can use our ‘ingredients’ to create flexible products that can serve their customers and scale to new markets.” “This is a complex industry that requires brutal prioritization,” added Möller. “As startups we always want to do everything but it's important to find the right partners and brutally prioritize. In fintech, there are no excuses.”
To learn more, tune in to watch the full session in Spanish below: https://youtu.be/NvbXoOWuoD0
Key Strategies for Overcoming Fintech Challenges in Colombia
Discover effective strategies to overcome the key challenges faced by fintech companies in Colombia and thrive in this competitive market.
3 Ways Data and AI Are Improving Lending in Banking & Fintech
Discover 3 ways AI lending is changing banking and fintech, enhancing decision-making, customer experience, and risk management.
What Are “For the Benefit Of” (FBO) Accounts?
Learn about FBO accounts, their purpose, and how they are used to manage funds for the benefit of others, ensuring security and compliance.
Why Colombia Should Be on Every Fintech’s Radar
Discover the rapid growth of Colombia's fintech ecosystem in the latest study from Finnovista, Galileo, and Mastercard. Learn about the key trends and opportunities driving innovation in one of Latin America's most dynamic financial markets.
How Mo and Galileo Are Paving the Way for All Types of Credit
Learn how Mo Credit Management Platform, in partnership with Galileo, is transforming credit management across Latin America. With a focus on innovation and accessibility, they offer competitive, scalable credit products, from microloans to credit cards.