“Can a Panama-based digital dollar wallet become the primary financial account for the unbanked and underbanked across Latin America?”
Founded in Panama in 2020 as MFTech S.A., Zinli launched as a digital dollar wallet targeting financially underserved populations in Latin America, particularly Venezuelans and others lacking access to traditional banking. The core product — a virtual and physical Visa prepaid card paired with instant P2P dollar transfers — was designed to bypass traditional bank account requirements. Five years on, Zinli has expanded its card issuance to Panama, Colombia, and Venezuela, positioning itself as a borderless dollar wallet for the LatAm diaspora and remittance corridor.