The Development of Money Transfer: From Telegraphs to Smartphones

The Development of Money Transfer: From Telegraphs to Smartphones

The world of transferring money has come a long way in the last 150 years, from the days of telegraphs to our current reliance on smartphones. Today, instant payments are reshaping the global financial landscape, benefiting both small businesses and large corporations alike. As we stand on the brink of the next phase of financial innovation, what can we expect in the future?

To address this question, we spoke with Gaston Iragoyen, the co-founder and CEO of Pomelo. This groundbreaking fintech company has transformed the financial services infrastructure in Latin America. With Pomelo’s cutting-edge platform, fintech, crypto, and digital transformation firms in sectors such as banking, retail, agriculture, and education can now provide their customers with banking products and card issuance, ushering in a new era of accessibility and convenience.

Our host Elaine Reyes caught up with Iragoyen at the 2024 Rio WebSummit to discuss the future of technology in finance and the exciting developments on the horizon. With Pomelo leading the way in financial innovation, the possibilities are endless for businesses and consumers alike.

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