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Businessman Porfirio Sanchez Galindo Explains How Fintech Is Helping Mexico’s Citizens

Porfirio Sanchez Galindo is a businessman who works in Mexico City. His educational background is in math and economics. He’s worked in the fintech industry for the past several years after having worked for Mexico’s federal government and as an executive at Televisa.

The COVID-19 pandemic has caused serious issues throughout Latin America, Porfirio Sanchez Galindo recently said. The poverty rate has increased in Mexico and other Latin America countries. He sees fintech as a way to help people in the short and medium term.

Porfirio Sanchez Galindo has invested in a few fintech companies. One of these is ePesos, which offers a virtual wallet that people in Mexico can use to exchange money. He also invested in Klar. This company offers consumers a debit card that comes with many of the same advantages as credit cards.

An area Porfirio Sanchez Galindo is currently focused on is digital identity validation. He said advances in this area have led to Mexicans not needing to go to a bank branch to open an account. They can use fingerprints and selfies to prove who they are. This technology reduces time spent uselessly, he said, as it allows people to manage their finances in a much more efficient manner.

Learn more about Porfirio Sanchez Galindo: https://www.f6s.com/porfiriosanchezgalindo

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