Latin America is home to more than 650 million people; financial services have notoriously low adoption rates, and most consumers are still underbanked. There are many systemic reasons for this historical lack of financial services.
Also, 80% of formal employees are low to middle-income employees with an avg salary between US 200 and US 300 monthly, so they have to live paycheck after paycheck.
Linxe helps low to middle-income employees access financial solutions attached to payroll to solve their day-to-day problems and manage their salary income on demand.
Our API allows us to connect with any payroll provider, which will enable us to have real-time employment information. With this information, we have built our credit score system.
This technology allows us to provide a range of financial services and products to our customers, including loans, insurance, investments, and payments.
With Linxe, we will improve the quality of life of millions of employees by using payroll as the point of entry.