IGNIA

Aviva is building an AI-powered digital bank for Latin America’s underbank communities. While determined to fuel Latin America’s ongoing emergence of a new middle class with a fully-fledged portfolio of inclusive financial services, Aviva’s initial go-to-market concentrates on unsecured credit products for individuals and nano-businesses in Mexico. As most of the underbanked 40+ million Mexicans live in small and medium-sized towns, Aviva builds a bridge to those living in remote communities with its physical onboarding kiosks. These nano-branches provide a documentless 3-minute video onboarding for everyone in need of liquidity. Novel AI-based technology, including natural language processing, allows Aviva to match customers’ spoken word to the fields of a comprehensive real-time credit application. Transforming speech to text and inferring emotions and personality from the visual layer of the application video gives Aviva an edge in scoring thin-file customers. Leveraging these novel risk models, Aviva aims to provide the lowest interest rates available to today’s underserved.

Kontempo is a prominent B2B payments platform tailored for the industrial sector in Mexico. It offers software solutions for wholesalers, manufacturers, and distributors, enabling them to provide flexible payment options such as credit and installment plans to their customers. By utilizing advanced APIs and AI-driven risk models, Kontempo allows businesses to process more credit for a wider range of clients while minimizing financial risk and the need for additional capital. The platform also facilitates alternative payment methods, including buy now, pay later and interest-free installments, helping suppliers enhance sales and improve cash flow for their small business customers.

UnDosTres is transforming the consumer payments landscape in Mexico with its innovative online payment platform that provides secure and reliable payment alternatives. The platform enables users to make payments for a wide range of services, including mobile and DTH recharges, electricity and water bills, movie tickets, and other utility expenses. By allowing payments through credit and debit cards, bank transfers, and digital wallets, UnDosTres streamlines online transactions, making it easier for Mexicans to manage their financial obligations. As one of the fastest-growing startups in the country, UnDosTres has garnered recognition as the Best Fintech Startup in Emerging Markets, underscoring its significant impact on the payments sector.

Lentesplus.com brings the Latin American contact lens market online and into the 21st century, offering competitive prices between 20% and 30% below market standards. The company offers clients ease and efficiency, delivering the correct product straight to their homes or offices, in many cases on the same day as the order was placed. With a strong focus on customer service, Lentesplus makes reordering contact lenses as simple as two clicks. Currently have operations in Colombia, Mexico, Chile and Argentina

Fondeadora is a digital banking service provider based in Mexico City, founded in 2018, aimed at addressing the inefficiencies of the traditional banking system. The company offers a free debit card linked to a mobile app, allowing users to easily manage their finances by paying, storing, and distributing money without complications. Its platform eliminates commissions and paperwork, providing immediate notifications to users about their transactions. In addition to traditional banking features, Fondeadora also functions as a crowdfunding platform, enabling customers and businesses to monitor their expenses and raise funds securely.

Lentesplus.com brings the Latin American contact lens market online and into the 21st century, offering competitive prices between 20% and 30% below market standards. The company offers clients ease and efficiency, delivering the correct product straight to their homes or offices, in many cases on the same day as the order was placed. With a strong focus on customer service, Lentesplus makes reordering contact lenses as simple as two clicks. Currently have operations in Colombia, Mexico, Chile and Argentina

Fondeadora is a digital banking service provider based in Mexico City, founded in 2018, aimed at addressing the inefficiencies of the traditional banking system. The company offers a free debit card linked to a mobile app, allowing users to easily manage their finances by paying, storing, and distributing money without complications. Its platform eliminates commissions and paperwork, providing immediate notifications to users about their transactions. In addition to traditional banking features, Fondeadora also functions as a crowdfunding platform, enabling customers and businesses to monitor their expenses and raise funds securely.

Covalto, founded in 2015 and based in Mexico City, is a fintech company that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Initially known as Credijusto, Covalto has developed a technology infrastructure that utilizes digital tax, e-invoice, and various financial data to underwrite and service SMEs effectively. The company offers a multi-product credit platform, along with banking services and a suite of business analytics tools, making it a one-stop solution for SMEs. In 2021, Covalto made history by becoming the first fintech in Mexico to acquire a regulated bank, which bolstered its digital banking capabilities and expanded its service offerings for SMEs. The platform emphasizes performance-based credit models, allowing clients to access reliable and transparent credit without relying solely on personal credit histories.

Afluenta S.A., founded in 2008 and headquartered in Buenos Aires, Argentina, operates a peer-to-peer lending platform that connects borrowers and investors across Latin America. As the first marketplace lending company in the region, Afluenta facilitates loans for consumers and small to medium-sized enterprises, enabling borrowers to access more favorable rates than those offered by traditional financial institutions. Investors benefit from competitive yields on their funds, with net yields exceeding 20% in recent years. The company has expanded its operations to Argentina, Mexico, and Peru, with plans for further growth in Colombia and Brazil. Afluenta's automated platform streamlines the lending process, encompassing credit assessment, risk scoring, loan servicing, and a secondary market for trading loans, thereby enhancing liquidity for investors.

Fondeadora is a digital banking service provider based in Mexico City, founded in 2018, aimed at addressing the inefficiencies of the traditional banking system. The company offers a free debit card linked to a mobile app, allowing users to easily manage their finances by paying, storing, and distributing money without complications. Its platform eliminates commissions and paperwork, providing immediate notifications to users about their transactions. In addition to traditional banking features, Fondeadora also functions as a crowdfunding platform, enabling customers and businesses to monitor their expenses and raise funds securely.

Lentesplus.com brings the Latin American contact lens market online and into the 21st century, offering competitive prices between 20% and 30% below market standards. The company offers clients ease and efficiency, delivering the correct product straight to their homes or offices, in many cases on the same day as the order was placed. With a strong focus on customer service, Lentesplus makes reordering contact lenses as simple as two clicks. Currently have operations in Colombia, Mexico, Chile and Argentina

UnDosTres is transforming the consumer payments landscape in Mexico with its innovative online payment platform that provides secure and reliable payment alternatives. The platform enables users to make payments for a wide range of services, including mobile and DTH recharges, electricity and water bills, movie tickets, and other utility expenses. By allowing payments through credit and debit cards, bank transfers, and digital wallets, UnDosTres streamlines online transactions, making it easier for Mexicans to manage their financial obligations. As one of the fastest-growing startups in the country, UnDosTres has garnered recognition as the Best Fintech Startup in Emerging Markets, underscoring its significant impact on the payments sector.

Covalto, founded in 2015 and based in Mexico City, is a fintech company that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Initially known as Credijusto, Covalto has developed a technology infrastructure that utilizes digital tax, e-invoice, and various financial data to underwrite and service SMEs effectively. The company offers a multi-product credit platform, along with banking services and a suite of business analytics tools, making it a one-stop solution for SMEs. In 2021, Covalto made history by becoming the first fintech in Mexico to acquire a regulated bank, which bolstered its digital banking capabilities and expanded its service offerings for SMEs. The platform emphasizes performance-based credit models, allowing clients to access reliable and transparent credit without relying solely on personal credit histories.

Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Our Mission: Empowering enterprises with data and insights to support critical financing and trade decisioning associated to private companies. Our Vision: Building the most reliable, dynamic and complete Enterprise Health Bureau in e-invoicing countries We are VC backed by Bluerun Ventures, Finrebel, Mission Gate, Leap Global, IGNIA, Amex Ventures, ALL VP, 500 Startups, Mexamerica Capital & Vincus. Operating in Mexico and Brazil.

Finnovista is an accelerator and venture capital firm focused on transforming the financial services and insurance sectors by fostering collaboration between large corporations and startups in the fintech and insurtech industries. Established in 2012 and headquartered in Madrid, Spain, with an additional office in Mexico City, Finnovista offers a three-month acceleration program designed to support the growth of startups in Latin America and Spain. The firm is recognized as a key player in the startup ecosystem and is particularly active in investing in fintech innovations. Finnovista also organizes FINNOSUMMIT, a leading conference in the fintech and insurtech space in Latin America, and develops various corporate innovation programs in partnership with major financial institutions. Through these initiatives, Finnovista aims to empower entrepreneurs and promote financial inclusion by connecting them with essential resources and networks in the industry.

Lentesplus.com brings the Latin American contact lens market online and into the 21st century, offering competitive prices between 20% and 30% below market standards. The company offers clients ease and efficiency, delivering the correct product straight to their homes or offices, in many cases on the same day as the order was placed. With a strong focus on customer service, Lentesplus makes reordering contact lenses as simple as two clicks. Currently have operations in Colombia, Mexico, Chile and Argentina

Afluenta S.A., founded in 2008 and headquartered in Buenos Aires, Argentina, operates a peer-to-peer lending platform that connects borrowers and investors across Latin America. As the first marketplace lending company in the region, Afluenta facilitates loans for consumers and small to medium-sized enterprises, enabling borrowers to access more favorable rates than those offered by traditional financial institutions. Investors benefit from competitive yields on their funds, with net yields exceeding 20% in recent years. The company has expanded its operations to Argentina, Mexico, and Peru, with plans for further growth in Colombia and Brazil. Afluenta's automated platform streamlines the lending process, encompassing credit assessment, risk scoring, loan servicing, and a secondary market for trading loans, thereby enhancing liquidity for investors.

Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Rocket is the largest platform for financial advice in Mexico, boasting over 4 million registered users, with 1.6 million providing access to their credit histories. This extensive data has allowed Rocket to establish the largest Credit Marketplace in the region, tailored to the specific needs of Mexican consumers. The platform focuses on enhancing users' credit scores and overall financial health by facilitating access to credit reports, scores, and vital financial information. Through this approach, Rocket empowers users to make informed decisions, achieve their financial goals, and take control of their financial well-being in a responsible and organized manner.

Airtm Inc. operates an online platform that facilitates monetary transactions, allowing users to send, receive, and save money as dollars or cryptocurrency. Founded in 2015 and headquartered in Mexico City and San Francisco, Airtm connects users with certified cashiers through a peer-to-peer network. This network enables users to deposit and withdraw local currency while accessing over 300 bank and e-money systems. The platform was designed to address the challenges faced by individuals in countries with weak currencies, helping them preserve their wealth and navigate disconnected financial systems. As a US-registered money service business, Airtm aims to reduce the costs and risks associated with financial transactions in these regions.

Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

MeXvi is a prominent provider of comprehensive solutions for assisted self-construction of affordable homes, primarily targeting rural and semi-urban areas in Mexico. Since its establishment in 2006, the company has facilitated the construction of approximately 4,900 homes across 15 states, positively impacting around 25,000 individuals through community reconstruction efforts. MeXvi's approach combines practical initiatives with housing policies to address the needs of various population segments aspiring to attain quality housing at reasonable prices. By offering a range of products and services, MeXvi aims to empower communities and promote sustainable neighborhood development.

Primedic is a company that operates in the healthcare sector, focusing on the provision of medical equipment and services. It manufactures and distributes automatic defibrillators and related products such as ECG monitors, energy modules, cables, and paddles. These products are designed to support hospitals, emergency services, and healthcare professionals in treating patients effectively. Additionally, Primedic is dedicated to delivering healthcare services to underserved populations in Mexico, aiming to improve access to essential medical care in these communities. Through its diverse offerings, Primedic plays a significant role in enhancing emergency medical response and healthcare accessibility.

IGNIA Partners, LLC is a venture capital firm established in 2007 and based in Ciudad De Mexico, with additional offices in Monterrey. The firm specializes in investing in early to growth-stage companies primarily in Mexico and Latin America, focusing on sectors such as health, financial services, education, technology, fintech, payments, and e-commerce. IGNIA aims to support enterprises that address fundamental challenges faced by low-income populations, particularly those that deliver positive social impact in areas like healthcare, housing, and basic services. The firm typically invests between $2 million and $11 million in equity, seeking significant ownership stakes and active involvement in its portfolio companies. By targeting high-growth enterprises that serve a broad demographic, including those at the base of the socio-economic pyramid, IGNIA strives to foster innovative solutions that improve lives and contribute to economic development in the region.

Aviva is building an AI-powered digital bank for Latin America’s underbank communities. While determined to fuel Latin America’s ongoing emergence of a new middle class with a fully-fledged portfolio of inclusive financial services, Aviva’s initial go-to-market concentrates on unsecured credit products for individuals and nano-businesses in Mexico. As most of the underbanked 40+ million Mexicans live in small and medium-sized towns, Aviva builds a bridge to those living in remote communities with its physical onboarding kiosks. These nano-branches provide a documentless 3-minute video onboarding for everyone in need of liquidity. Novel AI-based technology, including natural language processing, allows Aviva to match customers’ spoken word to the fields of a comprehensive real-time credit application. Transforming speech to text and inferring emotions and personality from the visual layer of the application video gives Aviva an edge in scoring thin-file customers. Leveraging these novel risk models, Aviva aims to provide the lowest interest rates available to today’s underserved.