Global fintech Unlimit has expanded its existing principal license with Visa in Mexico to include card issuance to the fintech’s local offering.
The company will now be able to also work together with co-brand partners, whether a bank, retailer, or fintech, and provide them with a financial infrastructure enabling them to easily launch payment products across Latin America.
Unlimit’s co-brand solution will not only allow businesses to significantly reduce the time it takes to launch a white-label financial product, in comparison to existing market solutions, but will also simplify the integration process, thanks to its API-driven technology.
“Unlimit’s goal has always been to support businesses in their expansion and growth strategies, no matter the size, and to eliminate existing borders, stopping them from doing so. This is an important next step towards that goal and our ongoing efforts to drive financial inclusion in the Latam region, as well as diversifying Mexico’s financial landscape with global innovative solutions”, said Ignacio Morales, Country Director of Unlimit Mexico.
Unlimit is a globally recognized leader in financial technology for payment processing, card issuance, and account management and has been active in Mexico since 2019. For the past 6 years, it has helped multiple local merchants successfully increase approval rates and establish efficient payment processing operations. Now, it is ready to enhance its local offering even further by changing the way card issuance is perceived in the region.