Trafalgar and Thought Machine join forces to pioneer fintech for Mexican SMEs

SME Banking
25/11/2023 News

Trafalgar, a leading Mexican financial services provider for SMEs, has forged a transformative partnership with Thought Machine, the cloud-native banking technology company. The collaboration aims to introduce Mexico's inaugural fintech solution for SMEs, utilizing Thought Machine's core banking platform, Vault Core.

Scheduled for launch in Q2 2024, this innovative 'turbofintech' platform seeks to empower Mexican SMEs with essential digital tools. Trafalgar's vision is to overcome traditional banking limitations, offering SMEs tailored solutions, including digital cards, POS systems, and more.

Trafalgar's selection of Thought Machine's Vault Core underscores its commitment to simplicity and flexibility. This cloud-native platform with unique product development capabilities enables Trafalgar to craft bespoke financial products for Mexico's SMEs.

Porfirio Sanchez Talavera, Founder and CEO of Trafalgar, expresses the transformative vision: "Our goal is to blend fintech agility with traditional banks' impact, creating the industry's first turbofintech. Thought Machine is our clear choice for excellence."

This collaboration positions Trafalgar at the forefront of Mexico's financial evolution, promising SMEs an era of innovation, accessibility, and personalized financial solutions.

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