In LATAM countries, particularly Mexico, 10% of the population has a credit card. However, within credit card transactions, according to Mexico's central bank Banxico, around 65% of transactions from credit cards in any given year are installment-based. While working at Morgan Stanley in NYC, Angel Peña, co-founder and CEO of Aplazo, a modern payment network offering payment solutions and merchant tools to help merchants sell more and grow their brands, discovered Mexico's huge cultura...
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In LATAM countries, particularly Mexico, 10% of the population has a credit card. However, within credit card transactions, according to Mexico's central bank Banxico, around 65% of transactions from credit cards in any given year are installment-based. While working at Morgan Stanley in NYC, Angel Peña, co-founder and CEO of Aplazo, a modern payment network offering payment solutions and merchant tools to help merchants sell more and grow their brands, discovered Mexico's huge cultura...
How QED's Mike Packer's eagerness to digitize corporate banking led him to fintech investing in Latin America
Fintech Thought Leaders
39 minutes
1 year ago
How QED's Mike Packer's eagerness to digitize corporate banking led him to fintech investing in Latin America
QED's Partner and Head of International Early Stage Investments Bill Cilluffo sits down with QED's Partner and Head of Latin America Mike Packer to discuss how Mike's eagerness to digitize corporate banking led him to fintech investing in Latin America.
Fintech Thought Leaders
In LATAM countries, particularly Mexico, 10% of the population has a credit card. However, within credit card transactions, according to Mexico's central bank Banxico, around 65% of transactions from credit cards in any given year are installment-based. While working at Morgan Stanley in NYC, Angel Peña, co-founder and CEO of Aplazo, a modern payment network offering payment solutions and merchant tools to help merchants sell more and grow their brands, discovered Mexico's huge cultura...
