Oyster

Oyster is a global fintech company that is creating a new financial system for SMBs. Founded in 2018 by Vilash Poovala and Gabriel Leon, who worked together at PayPal and Clip (formerly PayClip) before Leon departed for several years to help Amazon's payments team, Oyster just launched a first-of-its-kind offering for a majority of small business o... wners in Mexico: a 100 percent digital debit account that provides access to affordable, instant credit and revolving credit lines. Located in Mexico City and San Francisco, Oyster has developed its own core banking platform for small to medium-sized businesses in Mexico to quickly attain a business banking account and debit card within 2-3 days, not months or years. Its vision is to continue creating and rolling out new financial services and products for SMBs that increase revenues and ensure the health and well-being of businesses as they grow over time. The company is backed by investors that include Citius, FinTech Collective, Kevin Efrusy, monashees, Redpoint eventures, SV LATAM Capital and Ulu Ventures with a total of US$14 million in seed funding as of September 2020.Read More