KKO picks Pannovate to underpin digital bank launch in Mexico
Payments firm Pannovate has signed with Mexican financial services firm KKO to help the launch of a new digital bank.
KKO is deploying Pannovate’s front-end solutions Launchpad, as it aims to target young professionals in the Central American country.
“At KKO we have listened to the true needs of Mexicans,” the bank writes on its website. “We know very well that the banks have not met all your expectations.”
The challenger plans to offer a basic and premium account, with quick onboarding, budgeting tools, and spending limits.
Pannovate firm promises a “slick and attractive user interface” that satisfies “the most exacting consumer demands”.
“KKO resonates with Pannovate’s vision to create exceptional digital experiences that make life easy for our customers,” says KKO managing director Laurent Gandoulf.
“At KKO we look to offer a digital banking product with features and benefits that exceed our customer’s expectations well into the future.”
Pannovate CEO, Pavle Ljujic, says his firm is “entirely the right fit” for KKO. He says Launchpad can create “the outstanding user journey and user experience this demanding segment is looking for”.
Related: Minu raises $14m to provide on-demand salary payments in Mexico