That giant rushing sound you hear could be a collective sigh of relief from small business owners across Mexico. Today, Oyster Financial, a leading neobank for SMBs in Latin America, announced a major first: access to affordable instant credit and revolving credit lines specifically designed for small to medium-sized businesses in Mexico that have struggled for a year during a crisis caused by the COVID-19 pandemic.
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Oyster Financial rolls out instant and revolving credit
“Those legacy systems can’t communicate with each other and neither can the people,” said Jacobson. “A company (traditional bank) can create a new product offering but, because of this disconnect, the service agents who speak with the customers may not even know how to onboard the products.”
