International payments and e-commerce is an exciting world to build a business in, but it is not as glamorous as people might assume. Very occasionally, however, you do get to feel like a rock star and we are preparing for one of those moments right now.
This weekend allpago will be at the Money 20/20 show in Las Vegas. As far as trade shows go, they don’t get much bigger. Over 13,000 industry specialists from 3,000 companies and 75 countries will flock to the entertainment capital of the world to share and discover new ways to help people manage, spend and borrow money.
Money 20/20 is a terrific show for allpago. We’ve been exhibiting there since 2014 and have always found it a great place to meet with potential customers and build relationships with the card acquirers, issuers and other financial institutions we need to partner with as we continue expanding our payment coverage across Latin America.
This year things got even more exciting. allpago is one of just 10 late stage fintech startups, and the only company specialising in the Latin American market, to have been selected for the final of Money 20/20’s StartupPitch180 competition in 2016. This makes us one of the top fintech startups in the world right now, according to the experts at Money 20/20.
Our CEO, Philipp Bock, will get three minutes to present allpago to four judges from leading VC firms and a live audience whose voting will help determine the winners. Winning would earn allpago a spot on the main Money 20/20 stage later in the conference and an incredible opportunity to pitch allpago to thousands of influential people from the fintech sector.
Being named amongst the finalists for this competition is testament to the state-of-the-art technology and regulatory knowledge we have developed, which is used as a ‘last mile’ payment interface by leading payment companies and helps merchants like Art.com, Getty Images, McAfee, Paylogic, Symantec and Teamviewer to maximise conversion rates and ensure compliant transactions with customers across Latin America.
Latin America is fast becoming fertile ground for international e-commerce merchants. There are 110m active digital buyers in Latin America already, the vast majority of whom use only local payment methods, and it is one of the fastest-growing regions in the world for e-commerce.
If you are at the show please come along the Venetian’s Palazzo Ballroom at 10:00am on Tuesday October 25th to listen to the pitches and get involved in the voting. We’d also love to see you at stand K2033 on Start Up Row throughout the show where you can meet allpago’s CEO and founder Philipp Bock, Guilherme Dogliani, our managing director for Brazil, and Horst Müller, formerly of Mastercard and now the newest member of allpago’s Advisory Board.