About five months after debuting in the first-tier banking segment in Mexico, Lakpa continues to expand its networks in the country. The newest addition is Banorte Casa de Bolsa, with which the fintech recently signed a commercial alliance aimed at strengthening its offerings.
According to Matías Correa, founder and CEO of the tech firm, this agreement gives Lakpa’s clients access to the investment products and platform of the Mexican brokerage firm, part of the prominent Grupo Financiero Banorte. Additionally, they will have access to the products the bank can offer.
The executive highlights that the alliance enhances the proposal of the Chilean-origin fintech, offering more investment alternatives for its clients. On the flip side, he adds, “We expect to bring clients to Banorte,” which he describes as “a highly recognized group at the national level.”
With this signing, the company now has six commercial alliances in the Latin American country. In January of this year, they sealed their first agreement with a first-tier bank by signing with Scotia Wealth Management. They also have partnerships with Actinver, GBM, Invex, and Finamex.
Correa moved to Mexico in 2022 to lead the expansion of the Chilean firm in the country, which has been growing since then. Now, the executive reports that the fintech is on track to close its first year of operations there with 150 million dollars in assets under advisement. Additionally, he adds, they expect to increase the number of investment advisors and referrers from the current 18 to 30 by the end of the year.
For Claudia Robledo