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Mattilda reaches $1m in payment volume processed in Ecuador

Having started in Mexico and expanded to Colombia, Mattilda has been operating in Ecuador since January 2024, and by the end of the year, it is expected to serve 150,000 students across 210 institutions globally. The platform has processed a total of $14m payments globally, with $1m coming from Ecuador. 

"We identified several problems in educational institutions, one being that administrative, financial, and collection processes consumed a significant amount of time and resources, and, additionally, caused a deviation from the focus on what is truly important, education."

Tags

latam, mexico, education, payments, factoring, lending, ecuador