GlobeOne, a financial technology company, has entered into a partnership with financial services firms InvestaBank and Bankaool to launch mobile banking solution in Mexico.
Through this new partnership, GlobeOne will provide a mobile interface for a suite of financial services offered by InvestaBank and Bankaool, bringing bank services to those who are currently underserved by existing financial services.
GlobeOne’s app will offer paperless checking, a security savings account, a line of credit, domestic and international transfers between GlobeOne members, and access to the global income-building SocialBoost program.
InvestaBank CEO Enrique Vilarte said: "Our partnership with GlobeOne guarantees our ability to provide state-of-the-art banking and payment technology to the widest Mexican population who will now have mobile phone access to the best in financial service."
GlobeOne member and chief marketing officer Michael Wolper said: "Through GlobeOne’s growing global network, consumers will have access to the basic financial services necessary to build a strong financial future, and banks will have a new platform to serve the many digitally connected Mexican consumers who do not participate in the traditional, brick-and-mortar banking system."
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By GlobalData