Bitso Will Join the Tec de Monterrey Fintech Incubator

The Bitso cryptocurrency services platform will seek to promote the fintech sector by creating new projects, for which it will join the Fair Fintech Lab of the Tecnológico de Monterrey Business School, and will support the incubation of technology companies that join directly to the Mexican financial sector.

Both entities signed a collaboration agreement with which a series of initiatives and strategies will be implemented that will promote projects of high impact and value for the communities of both organizations.

“The signing of this three-year agreement is one more step towards Bitso’s vision to promote the real usefulness of crypto technology in the development of the fintech industry and talent in the country and the region,” said Bárbara González Briseño. , executive director of Bitso México.

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In addition, Tec de Monterrey and Bitso will work together to create the subject “Alternative Investments”

This will provide training in accordance with the evolution that the financial sector has had in Mexico, it will be taught by both fintech specialists, as well as by professors of the institution.

“Becoming the official partner of Tecnológico de Monterrey for research, academic development and professional experiences with crypto specialization motivates us to progress in our knowledge and technology,” he indicated.

They will also enable a responsible information exchange program with which academic research in this area will be triggered, as well as the incubation and dissemination of fintech projects created by the institution’s students, same as in the future and in collaboration with other actors of the industry, will join in the development of the “fintech radar”.

In addition, Bitso will join as a training partner, with the aim of enhancing the skills of the students who are part of the Tec21 Model and will participate as host of the “Professional Experience Stays” program to promote financial education by interacting with real business environments and experiences.

According to Juan Pablo Murra, rector of Professional and Postgraduate Studies at the academic institution, collaboration with a company in the fintech sector will allow students to expand their knowledge within the world of blockchain and will create a deep understanding of the technologies applied within finance.

“Through this collaboration agreement, we will meet very important goals, among them: providing greater access to financial services,” Murra added.

Bitso’s role in Mexico

The first authorized Electronic Payment Funds institution was NVIO Pagos, a subsidiary of Bitso.

Felipe Vallejo, director of corporate affairs at Bitso, took over the Mexico Fintech Association in April.

Remittances

Bitso reported that in 2022 it processed $3.3 billion in cryptocurrency shipments from the United States to Mexico.

Adoption

Chainalysis, a blockchain analysis firm, reported that Mexico ranks 16th in cryptocurrency adoption globally.

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(Featured image by Filip Gielda via Unsplash)

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First published in EL ECONOMISTA. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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