Mundi, a new financial tech startup focusing on small to medium-size Mexican exporters shipping to the United States, aims to reduce the risk and inconsistency involved with many B2B transactions in the cross-border marketplace, said Martin Pustilnick, Mundi’s co-founder and CEO.
“The problem that we see is that small and medium-sized enterprises (SMEs) end up acting like banks for their clients, and that makes no sense,” Pustilnick said. “We leverage financial rails that already exist. What we...