Finerio Connect, a Mexico City-based open banking platform that facilitates compliant sharing and consumption of financial data and analytics, has raised $6.5 million to further develop its offering. As Mexico has been active in advancing fintech regulations, Finerio pivoted towards serving business-to-business customers, offering financial data aggregation, categorization, and assistance with open banking compliance. It has also been proactive in collaborating with regulators and financial institutions to ensure the implementation and monetization of its services are compliant.
Fintech startup Finerio secures $6.5M to create open finance ecosystem in Latin America
