November 29, 2024 - 2 min

A boost to Financial Innovation

Fynsa reaffirms its commitment to financial inclusion and sustainable development by supporting Galgo in its mission to connect unbanked communities with mobility solutions in Latin America.

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EtMday 2024, the International Meeting on Innovation, Entrepreneurship and Investment, celebrated its fourth edition with an outstanding participation of startups, consolidated companies, investors and regional and global leaders of the innovation ecosystem. Held between November 21 and 23, it gathered more than 45 thousand attendees and included more than 55 activities, including talks, workshops and panels with 120 speakers international speakers. Its objective is to foster the exchange of ideas, generate strategic connections and promote entrepreneurship as a driver of economic and social development.

Galgo, an innovative Fintech that offers financial solutions for the acquisition of motorcycles, benefiting unbanked populations in Chile and other Latin American countries, was one of the companies present at the event, highlighting the importance of promoting innovation and supporting the development of solutions that improve connectivity, entrepreneurship and well-being in the region.

Laszlo Godor, VP of Capital Markets at Galgo, highlighted the relevance of EtMday as a platform to connect startups with investors and strategic partners. "This event was an excellent opportunity to present our value proposition, share advances and generate strategic alliances that will allow us to continue scaling our operation in Latin America".

Godor also emphasized Chile's role as a key market due to its economic stability and robust infrastructure. "This allows us to pilot new products and generate confidence in our stakeholders. stakeholders. These factors have helped us to establish a solid foundation for expanding our operations to the rest of Latin America".

At Fynsa we support the Latin American entrepreneurship sector and position ourselves as the main player in the Venture Capital sector of the public investment fund industry through our investment in this company.Fynsa Venture Capital I is an example of how an investment fund can align its financial objectives with a positive social impact.

Laura Tijo, assistant manager of Fynsa AGF International Funds, said that "supporting Galgo is a way of fostering financial inclusion and promoting entrepreneurship as an engine for change in the region".

In this sense, Fynsa Venture Capital I's focus on impact investments, such as the one made in Galgo,demonstrates the transformative power of investment funds when social responsibility and sustainability principles are integrated into their strategies.These investments generate financial returns and contribute significantly to economic and social development, aligning the interests of investors with the urgent needs of global communities.

 

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