Mexico is one of the fastest-growing economies in the world, but local businesses are still struggling to get a loan without much billing and paperwork. Mastercard, the largest payment company in the world, and Jeeves, a much-needed financial partner for Mexican businesses, have teamed up to solve this problem by establishing a first physical card to allow companies to pay in any international currency from the countries where Mastercard works.
Jeeves is the first and only financial and investment manager in Mexico to be a certified Mastercard Chief Member with both individual and personal cards. Jeeves cardholders can benefit from free, limited card windows, and up to a 4% refund. Since its inception in January 2021, the company has successfully operated more than 700 businesses in Mexico, including Runa, Moon, Bitso, Kavak, Jüsto, and more.
Kavak, one of Mexico’s fastest-growing startups, used the Jeves card last year. Carlos García Ottati shares his blessings: “Jeeves is accelerating everything. Kavak is growing. We need a friend who understands and four satisfies our needs. Thanks to Jeves Jeep papers and budgets we can work across the border with nothing.”
“Thanks, Jeeves, we can grow our business without having to worry about investing and paying. Every member of our team can get their cards and adjust them to their needs. When we travel – Jeeves is easy. You can pay any money and talk to the bank that you want, a company that allows you to travel around the world in a simple and fast way, ”said Alexander Clapp, Moons COO, founder.
“In recent years, we have seen the rapid growth of the fintech ecosystem in the market. We are very excited about this partnership with Jeeves. Through this partnership, we can deliver a rapid digital transformation. On Mastercard México.
Unlike traditional financial services, Jeeves confirms credit cards on time and without any personal documents. This allows companies to move faster with Mastercard support, capability, and collaboration.
The partnership allows Jeeves cardholders to use their cards in all countries where Mastercard currently operates, enabling companies to pay in local currency including Mexican Pesos, Colombian Pesos, USD, and GBP, with 30 days of credit.
The partnership comes on the heels of two successful fundraisers sponsored by some of Silicon Valley’s most famous players, including Andreessen Horowitz (a16z), Y Combinator, and CRV, and earns a total of $ 888.
Jeeves is a joint venture for the first investment in global markets including Mexico, Colombia, Chile, Canada, the United Kingdom, and Europe. Cash, business cards up to 4% reward, and border changes are all held in private businesses. With Jeeves that allows companies to complete their financial activities in minutes. Jeeves can hold a lot of cash. Jeeves has more than 1000 reliable companies worldwide and collects revenue. Jeeves has acquired $ 188 Million from Andreessen Horowitz, Y Combinator, CRV, Tencent, and Silicon Valley Bank to accelerate its global growth.
Mastercard is the leading payment gateway company in the world. Our mission is to integrate and strengthen the technology economy that benefits everyone, everywhere, and make marketing safer, easier, smarter, and more accessible. Using data and communication, collaboration, and passion, our expertise and solutions help people, organizations, finance, government, and business realize their greatest potential. Our values, or DQ, fit into our culture and everything we do inside and outside our company. By uniting in more than 210 countries and territories, we are building a stable country that opens up opportunities accessible to all.