Wednesday, 16 October 2024

Viral video

N1CO to get rid of informal credit in El Salvador and Central America

5 min read

Alejandro McCormack, COO and executive director of N1CO discussed with Emmanuel Daniel how N1CO envisions itself as a fully Central American digital bank. Mc Cormack shared how N1CO introduced digital payment services to the unbanked and underserved markets and how it provided financial products to eliminate loan sharks and informal credit in El Salvador. He also discussed how they will provide digital payment service to the 400,000 potential customers in Central America in the next three years.


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