FinTech news in mattilda category

Digital payments are gaining momentum in Latin America, and startups like Mexico-based mattilda are putting their spin on streamlining financial and administrative processes for private schools while also offering credit backed by future school fees. Here’s where mattilda comes in: the company provides a SaaS tool that enables parents to get a personalized payment link via email or WhatsApp and can then make tuition payments in a number of ways, including debit cards, credit cards, bank transfers and flexible credit lines, in seconds. So far, mattilda is working with 17 schools accounting for some 9,000 students, which Agote said will become 24 schools and close to 14,000 students as of November 1. In Latin America, many of the payments are month to month, and if payment is not made, the school is the one to spend time contacting parents to collect that payment.