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 cultural preference for paying in installments but also that the country had a major roadblock for mass adoption of purchase financing installment plans.

In this episode of the Fintech Thought Leaders podcast, Host Bill Cilluffo and Aplazo CEO Angel Peña discussed Mexico's underbanked population, the benefits of merchants being able to offer installment payment plans (BNPL) to 88% of the Mexican population who do not have credit cards and campaign installments, and the work Aplazo is doing to achieve financial ubiquity in Mexico.

Could the Costco model revolutionize business banking? 

Meow CEO Brandon Arvanaghi reveals how Meow is redefining the landscape by passing the majority of interest economics back to their customers, surpassing $1 billion assets on the platform with a lean team of appromimately 15 people. 

We'll uncover the critical role fintech and bank partnerships play, especially in the wake of significant events like the collapse of SVB and Synapse's bankruptcy and we'll share advice for fintech founders on recognizing red flags to avoid potential pitfalls, ensuring your company remains on solid ground.

Finally, we delve into the strategic considerations of selecting and managing bank partners for long-term success. Emphasizing the need for redundancy for operational resilience and risk mitigation, we guide you through the critical process of reassessing current banking relationships. 

Bill Cilluffo sits down with co-founder & CEO of Capchase, Miguel Fernandez Larrea, to discuss critical lessons learned from his early entrepreneurial ventures, creating a category with Capchase, the importance of talking to customers early-on and the importance of managing risk in lending in order to succeed. 

Bill Cilluffo sits down with QED Principal, Ale Piedrahita, to discuss how living in multiple countries during her childhood has influenced her international life, her perspective on the European VC ecosystem, the competitive edge that Europe’s fintech sector has and the market trends she's most excited about.

Bill Cilluffo sits down with Aidan Rushby, founder and CEO of Carmoola, to discuss coming to terms with failure,  the importance of taking care of one's mental health and founding Carmoola to enable cheaper, easier and faster car finance.

Bill Cilluffo sits down with Eduardo della Maggiora, founder and CEO of Betterfly, to discuss the life-altering events that catalyzed the birth of his company, the importance of social impact in Betterfly's business model and how the platform is integrating the worlds of insurance, well-being and purpose with a big mission to empower people to help them live longer, healthier, happier lives.

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.

Bill Cilluffo sits down with Sean Harper, CEO and co-founder of Kin Insurance to discuss how he's shaking up the homeowners insurance industry. Sean shares how Kin's cutting-edge direct-to-consumer model and data-driven techniques are setting new standards for pricing accuracy and customer satisfaction in the face of an industry traditionally dominated by agents. 

Bill Cilluffo, Partner and Head of Early Stage Investments, sits down with Chris Dean, Treasury Prime's co-founder and CEO, to discuss how Treasury Prime is revolutionizing banking.