Fintual
Fintual is a fintech company based in Santiago, Chile, specializing in consumer finance. It manages $750 million for over 90,000 customers and is regulated in Mexico and Chile.
Company Overview
Fintual, formerly known as Fintual Inc., is a fintech company launched in 2018. Based in Santiago, Santiago Metropolitan Region, Chile, the company operates within the fintech industry with a specific focus on consumer finance. Fintual is part of Y Combinator's S18 batch and has expanded its services across Chile, Latin America, and remote locations. With a team of 150, the company has grown significantly since its inception.
Geographical Presence
Fintual operates primarily in the Santiago Metropolitan Region in Chile but has extended its reach across Latin America. The company offers its services in a partly remote capacity, accommodating clients beyond its primary geographical location. This remote operational model has enabled Fintual to attract over 90,000 customers and manage USD 750 million in assets.
Industry and Regulation
Fintual is positioned within the fintech industry, focusing specifically on consumer finance. The company is regulated in both Mexico and Chile, ensuring compliance with financial laws and regulations in these regions. This regulatory framework provides a secure environment for Fintual's financial activities, bolstering customer trust and operational credibility.
Customer Base and Financial Management
Fintual has built a robust customer base, serving over 90,000 clients and managing USD 750 million. The company's financial management services cater primarily to consumer finance needs, providing investment opportunities and other related financial services. Fintual's growth is reflected in its expanding customer base and the substantial assets under its management.
Y Combinator Involvement
Fintual was part of the Y Combinator's S18 batch, an influential startup accelerator program. Participation in Y Combinator has provided Fintual with valuable resources, mentorship, and networking opportunities, contributing to its growth and development within the fintech sector. This involvement has played a crucial role in Fintual's ability to scale and innovate within the competitive consumer finance sub-industry.
