Flinto
Flinto, previously known as Flint, is a fintech company based in Mexico City, focused on creating a digital wallet for payments across Latin America.
Company History
Flinto, originally known as Flint, was founded with the vision of empowering everyone in Latin America to pay for anything from their phone, even without a bank account. The company has been dedicated to building the best digital wallet in Latin America. As a part of its journey, Flinto was selected for Y Combinator's Winter 2018 batch. In June 2019, Flinto announced it was joining forces with Grow, the largest micro-mobility platform in Latin America, marking a significant milestone in its history.
Industry and Sector
Flinto operates in the fintech industry, specifically within the payments sub-industry. The company is based in Mexico City, CDMX, Mexico, and primarily serves the regions of Mexico and Latin America. Flinto aims to offer innovative payment solutions that address the unique challenges faced by the unbanked and underbanked populations in these regions.
Products and Services
Flinto has developed a digital wallet designed to be the best in Latin America. The product is utilized by tens of thousands of users to send money to friends, pay at merchants, and handle their bills. The digital wallet aims to provide seamless financial transactions directly from users' phones, even for those without traditional bank accounts.
Acquisition by Grow
In June 2019, Flinto announced its acquisition by Grow, the largest micro-mobility platform in Latin America. This strategic move was seen as a step towards enhancing Flinto's offerings and expanding its reach across Latin America. The integration with Grow is expected to bring together complementary services that benefit users across both platforms.