Novacard

Novacard builds simple, transparent and fully digital financial products to widen access to credit in Mexico and Latin America. Its principal product, the Tarjeta de crédito digital Novacard, is a 100% digital credit card issued without interest charges or an annual fee. It is obtained from a mobile phone, without queues or bureaucratic paperwork, and customers can be approved in under five minutes, with credit lines of up to $200,000 MXN.

The company operates in the fintech, consumer credit and financial services sectors, covering banking and credit cards. Its technical work spans machine learning, data analytics, digital credit underwriting and mobile product development, applied to decision-making and to the design of the user experience.

Novacard describes itself as a fast-growing company that makes decisions on the basis of data, agility and measurable impact. Its stated aims are to make finances simple and accessible, and to keep improving how customers use its products.

The company serves Mexico and the wider Latin American market (LATAM). Further details are available at https://novacard.com/.