Fondeadora

Fondeadora is a prominent fintech company based in Mexico City, established in 2018. It offers a digital banking alternative to traditional banks, focusing on financial inclusion for individuals and businesses, particularly those who are underbanked. The company aims to connect every Mexican to the financial system, serving those dissatisfied with conventional banking and the unbanked population. Fondeadora provides a fully digital mobile banking app that allows users to manage their finances easily. Its services include an international Mastercard debit card for global transactions without fees, money management tools for budgeting and peer-to-peer transfers, and a commitment to fee-free banking. Operating without physical branches, Fondeadora emphasizes transparency and user-friendly experiences, leveraging technology to address financial challenges. The company has seen significant growth, managing around 150,000 accounts and adding approximately $20 million in deposits monthly.