Bankaya

Bankaya is a Mexican fintech company founded in 2019 by Mauricio Cordero (CEO), Ramón Chedraui, and Diego Vargas, headquartered in Mexico City. The company operates as a neobank targeting the estimated 50 million people in Mexico who lack access to traditional banking services. Bankaya's distinctive offline customer acquisition strategy deploys kiosks in supermarkets and vaccination centres to reach its underserved demographic directly, having acquired over 450,000 clients. Through its mobile app, Bankaya offers a free debit card with no fees, a savings account with interest, bill payment services, domestic and international money transfers including US-Mexico remittances, and a buy-now-pay-later (BNPL) credit product. The company is backed by VARIV Capital and has been recognized as one of the Inclusive Fintech 50.