Mexican financial platform Techreo has seen substantial growth in recent years.

Mexican financial platform Techreo increased its capital by surpassing 400,000 users in less than two years of existence. The Mexican financial platform Techreo had an initial capital raise of 2.6 million dollars.

The comprehensive financial services platform is consolidating its presence in the market through innovation and accessibility, with 60% of its users being women.

Iliana De Silva, CEO and co-founder of the Mexican financial platform Techreo, stated that the company’s mission is to contribute to financial inclusion throughout Latin America, particularly among the migrant population in the United States, with a special focus on women.

De Silva emphasized the financial inclusion of women who are heads of households or women entrepreneurs and micro-business owners. In fact, 60% of Techreo’s user base consists of women.

According to the 2021 National Financial Inclusion Survey, more than 60% of the country’s population lacks access to savings accounts.

The leadership of the Mexican financial platform Techreo pointed out that the Covid-19 health emergency created an opportunity to expand the inclusion of individuals in financial services.

In fact, with 9 out of 10 people conducting transactions from their mobile phones, Techreo positions itself among its 20,000 new monthly users as the tool that enables them to achieve their goals regardless of their location or situation.

This is achieved through an intuitive platform that facilitates access to comprehensive financial services, said De Silva.

One of the major financial obstacles in the country, according to the CEO, is access to credit.

On a single platform, with 40,000 points of in-person operation in the country, users can have a savings account, apply for credit, make service payments and electronic transfers, access tailor-made investment products, receive assistance at all times, access financial education information, and now also obtain a guaranteed credit card to start or clean up their credit history.

Another product from the Mexican financial platform Techreo

Iliana De Silva detailed that the Mexican financial platform Techreo has launched a new product, the Boom Card guaranteed credit card.

The Boom Card can be acquired with a deposit starting from 500 pesos, granting access to a credit line ranging from 400 to 100,000 pesos, regardless of the individual’s situation in the Credit Bureau.

By 2024, Techreo’s goal is to reach one million users in Mexico and aim to capture 20 to 30% of that figure among individuals dedicated to micro-businesses, concluded Da Silva.

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