MO Tecnologias Partners with i2c to Give Latin American Consumers Instant Access to Loans Loaded on Cards
MIAMI, FL and REDWOOD CITY, CA – October 19 2018. MO Tecnologias LLC (MO), a leading Fintech who has developed an innovative patent-pending proprietary credit scoring technology and loan management platform, is pleased to announce that it has selected payments processing services provider i2c as its technology partner to integrate advanced card functionality with MO’s credit suite and loan management digital platforms.
This new product integration will enable eligible consumers served by MO to access pre-approved loans loaded instantly on a card. Combining MO’s patent pending credit scoring technology with i2c integrated payments solutions allows MO to offer a unique proposition to financially excluded consumers who do not have a credit history or access to make digital payments.
“i2c’s agile platform, multi-currency and multi-purse capabilities, and card controls enable us to launch, test, and adapt quickly to serve our customers Our new end-to-end solution gives millions of people in Latin America the opportunity to finally access no-stress, pre-approved credit, make purchases online, enjoy fast card-to-card transfers, and many more great features that are part of the MO loan-to-card offer” said Paolo Fidanza, CEO and Co-Founder of MO.
“We are excited to join forces with an innovator like MO to empower new solutions that expand financial inclusion and create new opportunities,” said Joe DeRosa, executive vice president of Global Sales and Marketing at i2c. “Latin America is a key market for i2c and our configurable global platform is designed to easily scale new programs across languages and geographies.”
More details will be announced as the MO loan-to-card offer is rolled out initially in Mexico, and then in other countries in Latin America.
About i2c Inc.
Headquartered in Silicon Valley, i2c is a leading provider of payments processing technology and services to financial institutions, recognizable brands, FinTechs, governments, and program managers around the world. i2c’s configurable cloud-based platform gives our customers the control to bring to market high-value payments and digital commerce solutions that deliver the differentiated customer experiences today’s cardholders expect. Companies can quickly and cost-effectively create, deploy, and manage profitable credit, debit, and prepaid solutions from a single global platform that provides unparalleled flexibility, agility, and reliability. i2c’s platform delivers next-generation payments solutions that meet the differentiated needs of customers and cardholders in 216 countries and territories. For more information, visit www.i2cinc.com.
About MO Tecnologias LLC
MO Tecnologias LLC is a leading Fintech who has developed an innovative patent-pending proprietary credit scoring technology and loan management platform which uses AI & machine learning. Without the need to know the identity of the user, MO processes numerous data points and calculates a credit score within seconds, pre-approving the user. The MO loan issuing & management platform can serve and admin credit to persons or small businesses via multiple channels, including Smart Mobile App, Web Portal, POS Terminal, M-Pos, USSD, SMS, Transport Cards, and Pre-Paid & Debit Cards. MO has operations in USA, Colombia, Peru, Panama, Ecuador, and Mexico. For
more information, visit www.motecnologias.com.