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Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market

Fintoc's API lets online businesses accept instant payments coming directly from the customer's bank account. This method, known as A2A, offers an alternative to credit card transactions.

By: TechCrunch

Apr 26 2024
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Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market — Chilean instant payments API s

Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in smaller markets could become M&A targets for incumbents like Visa. One of these is Y Combinator alum Fintoc, a B2B fi... [6475 chars]

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