“I’ve always said transactions via smartphones are the future, a rising number of financial services will be simplified to the maximum as technology allows it and users need them,” stated Antonio Eram, Netopia chief executive officer and founder.
He did not provide any details about the investors that came up with the money.
Mobilender was developed by Netopia teams of Bucharest and Silicon Valley. For now, the service is available only in Mexico, but the company plans to expand to the rest of South American countries.
(English version by Catalina Apostoiu)