Fintoc

Fintoc is a Chilean fintech company founded in 2020 and based in Santiago. It specializes in simplifying financial data integration and enabling instant account-to-account (A2A) payments for businesses and developers. Fintoc offers a secure, developer-friendly API that allows seamless access to banking and financial information, helping businesses streamline payments, verify bank account details, and automate financial workflows in real time. The core product is an API that enables online businesses to accept instant payments directly from customers' bank accounts, providing a cost-effective alternative to traditional credit card payments. This method reduces intermediaries and transaction fees, making it particularly valuable in Latin American markets like Chile and Mexico, where financial inclusion is a key focus. Fintoc targets B2B customers, including online businesses and developers, and supports various payment scenarios tailored to different countries and business types. Fintoc has raised significant funding, including a $7 million Series A round, to expand its presence in Chile and Mexico, aligning with the growing adoption of neobanks and open banking in the region.