Netopia mobilPay, one of the biggest online payment processors in Romania, will develop a mobile finance app for Mobilender.mx, launched in Mexico in March 2013. Netopia will receive USD 2 billion financing from a group of American and Mexican investors.
Mobilender is Mexico’s first micro-Lending service, with an App available for iOs and Android devices. Mobilender is the only company in Mexico that hands out loans in any time of the day with a payback deadline of 31 days.
The maximum amount that users can apply for is 340 dollars. The service is available only in Mexico, for now, according to zf.ro.
“I’ve always thought that smartphone transactions are the future, more and more financial services will be simplified to the max, because technology permits it and the user needs it. That is why we launched Mobilender. The Mexico market is perfect for the natura of the project. It is close to the US, has a big population and offers the potential to expand the service in the entire Latin America”, says Antonio Eram, CEO and founder Netopia.
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