Punto Red

Puntored is a Colombian fintech company with 20 years in the market that operates a comprehensive financial inclusion platform across Latin America, including Mexico, Colombia, and Puerto Rico. The company entered the Mexican market in July 2023 through the acquisition of GestoPago, a local fintech that handles approximately 10 million monthly transactions. In Mexico, Puntored operates through Arturo Halgraves as Country Director and has established an extensive correspondent banking network exceeding 50,000 physical points with plans to add 30,000 additional locations. The company processes alternative payment methods and enables financial services through API integrations and embedded experiences, offering over 1,000 products including payments, transfers, deposits, withdrawals, remittances, airtime recharges, bill payments, and credit services for SMEs. Puntored's business model focuses on bringing financial services to underserved rural and hard-to-reach communities, partnering with five fintechs to extend digital wallet services, giros, and money transfers to underbanked populations. The company reports processing over 330 million transactions annually worth approximately $5.5 billion across its Latin American operations. In 2024, Puntored received a $2 million investment from the Stellar Development Foundation to expand cross-border transaction capabilities using blockchain technology. The platform serves over 18 million users regionwide and works with more than 18,000 merchant locations. Puntored positions itself as a payment processor facilitating digital transformation for businesses through both physical correspondent networks and digital channels, with implementation times of less than 10 days for embedded experiences. The company is recognized as an Endeavor Entrepreneur and participates actively in Mexico's fintech ecosystem events.