Mentum: Easiest way to offer wealth-creation services to your users

Hey Hunters 👋 I’m Simon, co-founder of Mentum along with @gustrigos and @danielmentum. Thanks so much for hunting us @gustaf! We’re super excited to introduce Mentum’s investment management API for LATAM🚀 But before explaining the product, some context 🧐: In Latin America, less than 2% of the economically active population has access to an investment account (as opposed to ~52% in the US). The number of retail investors in countries like Mexico 🇲🇽 and Brazil 🇧🇷 has more than quadrupled since 2017. However, this is only scratching the surface of the total market and shows a huge untapped potential. Regulatory challenges and a lack of local financial infrastructure are the main drivers holding back retail investing innovation in the region. This is why we set out to build Mentum and help every fintech company that wants to offer wealth-creation services to its end-users. Our platform reduces costs, accelerates time to market, unlocks new revenue streams, and allows you to stay fully compliant with local regulations. See what Mentum’s API offers: 📲 Digital onboarding 🔎 KYC/AML (Know your customer / Anti-money laundering) 📝 Risk & Investment profiling 📊 Portfolio creation with quarterly rebalancing 🔐 Highest standards of security to safeguard your users’ data and assets 🌎 Full coverage (support account opening across 13+ countries in LATAM) 👩‍🎨 Customizable to match your brand and keep your neat user experience Creating an investing app like stacking Lego blocks 🏗️🧱 We have built quantitative trading platforms, robo advisors, payments and fraud models, and robust enterprise-level APIs. We understand that creating an investing app from scratch is hard so we have focused on creating widgets that encapsulate our APIs into fully customizable mobile and web frontends with pre-built logic for you to embed an investing app in a couple of lines of code. Just like lego blocks, you can decide which widgets and functionalities to use for a faster time to market and flexibility. Who is this for? Fintech companies 💳 Digital wallets, challenger banks, or any institution that allows their users to store a balance on their app. Payroll/HR benefits 🎖️ Offer retirement accounts in the US stock market to your employees as a benefit to attract the best talent. Our goal is to help companies offer wealth-creation services to their end-users without having to break the bank by acquiring a brokerage firm or building an investment arm in-house. Would love to hear your thoughts, if you have any questions my team and I will be around to answer them!

Julius Slack Agent

Maker

5yr ago

This is an incredible product! These wealth-creation services will really close the gap on the investment opportunity challenges retail investors in Latin America experience today.