The Interview: Alejandro Monzó, Founder and Co-CEO of Tangelo

nasrinnodi0003

The linear system of consumption that has been maintained for centuries, in which the extraction of resources and their subsequent transformation into articles prevails, is one of the main reasons for the environmental crisis that we currently face, given that there is no circular economy culture. but waste. However, many industries are betting on moving to this and having sustainable processes with a positive impact. This effort cannot always be done without support, since it requires an investment that requires generating change. Even within the Sustainable Development Goals (SDGs) , alliances have a central role as highlighted by number 17, which calls for collaboration for a better future. For Tangelo —a financial technology company focused on designing inclusive credit solutions—this is one of its pillars to help improve the world.

Thanks to this vision and approach, the company is driven both by small and medium-sized businesses (SMEs), as well as projects with larger corporations such as FEMSA, and to tell us more about Cyprus Email List its work, Edgar López, General Director of Expok, spoke with Alejandro Monzó , Founder and Co-CEO of Tangelo, about it. We share the full interview with you! Tangelo, financial inclusion and agent of change: Alejandro Monzó As explained by the World Bank , financial inclusion consists of access to financial services that help improve the conditions of people and companies, in addition to meeting basic needs such as transactions, payments, savings, credit and insurance. However, 75% of the low-income population is not incorporated into the system or does not have any financial services. In the case of Latin America, the informal economy is usually one of the great impediments to inclusion.



This panorama has repercussions, both in the fight against vulnerability and in development, since, for example, people often go to local lenders, who do not guarantee fair interest payments; and in the case of SMEs - which generate a large number of jobs - their growth is hindered by not being able to be candidates for credit. With the aim of solving this problem, Tangelo was born, which through technology, analysis of non-public information and personalized parameters, is providing financing to sectors that traditionally could not access it, and helping them create a history so that they join the formal market, explains Alejandro Monzó, Founder and Co-CEO of this company. "What we seek is to understand people and companies in Latin America differently to create financing solutions tailored to them, understanding that given the level of informality, there is a percentage of the population that does not have access to efficient financing solutions.