Finerio Connect
“Can a single Open Finance API platform become the de-facto data infrastructure layer for all of LatAm's financial institutions and regulators?”
Founded2018
HQMexico City, Mexico (Polanco, Miguel Hidalgo)
FoundersNick Grassi, José Luis López
Total raised$8.3M
Latest roundSeed, 2023
IndustryInfrastructure / Open banking
The story
Founded in 2018 by two ex-Deloitte consultants who pioneered Mexico's early fintech practice, Finerio Connect started as a consumer PFM app before pivoting to a B2B open finance infrastructure play. The company repositioned as the leading Open Finance API platform for LatAm, offering bank aggregation, data categorization, and compliance/regulatory tooling to banks, neobanks, and fintechs. In 2023 it launched 'Open Finance in a Box' — a SaaS infrastructure layer for banks and regulators implementing Open Finance standards — and partnered with Ozone API and Visa to build out the regional ecosystem.
Product timeline
2018
Founded by Nick Grassi and José Luis López in Mexico City, initially focused on open banking API and personal finance management for LatAm.· pivot
2021
Became the first company in Spanish-speaking LatAm to launch an Open Banking product.· banking
2023
Raised $6.5M in seed funding to expand open finance platform across LatAm; launched 'Open Finance in a Box' for banks and regulators.· banking
2024
Selected for AWS Generative AI Accelerator 2024 cohort, enabling GenAI capabilities for financial data.· pivot
The stack
0 layers disclosed in Finerio Connect’s embedded-finance stack
Accounting gap: none