MIAMI and REDWOOD CITY, Calif.- 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.