In this episode we sit with Veronica Crisafuli, the founder and CEO of Mo Technologies. Veronica shares her journey from a career in consulting to becoming an entrepreneur in the fintech industry. She discusses the problem she identified in the financial ecosystem - the lack of access to formal credit for a large portion of the global population. Veronica explains how she bridged the gap between her consulting background and the fintech industry by leveraging her knowledge of technology and her passion for financial inclusion. She introduces Mo Technologies, a fintech company that offers a credit core platform to enable clients to launch, operate, and scale their credit products. Veronica also highlights the importance of data and artificial intelligence in the underwriting process and discusses the competitive landscape in the fintech industry, including traditional banks and other fintech startups. If your company is looking to scale its AI initiatives, head over to Tesoro AI (www.tesoroai.com). We are experts in AI strategy, staff augmentation, and AI product development.  Founder Bio:  Veronica Crisafuli is the CEO and Co-founder at MO Technologies. A creative mind that focuses on innovation in the digital space and financial inclusion. She worked as a strategic consultant for more than 15 years for important consulting companies dedicated to TMT and financial services, such as Bain & Company, Delta Partners, and Mastercard Advisor, where she led projects in South Africa, Argentina, United Kingdom, Brazil, Turkey, Czech Republic, Spain, and Colombia. Veronica started her entrepreneurial path on 2016, when she co-founded MO Technologies, a fintech that developed a patent-pending proprietary credit scoring technology based on machine learning, artificial intelligence and all cloud-based with a dream to democratize access to credit all around the world. As of July 27th, 2021, Veronica was appointed CEO at fintech MO. Additionally, from 2020 she co-founded KEO World: a fintech in the pure lending space. She has been named one of the 10 Most Successful Businesswoman to Watch 2020 by CIOlook, and recently highlighted as one of the 10 Most Inspiring Businesswomen Making a Difference, 2021. Beyond Exclamation also named her one of the 10 Most Successful Women Renewing the Future in Technology, 2021. Time Stamps:   03:15 Introduction and background of Veronica Crisafuli 06:47 Identifying the pain point in the financial ecosystem 09:35 Developing the software-based solution for credit issuance 12:32 Business model: Charging based on the amount of credit offered 15:46 Modular platform allowing customization for clients 18:55 Facing competition from both large financial institutions and fintech startups. 22:15 Collaborative models between big institutions and fintechs accelerate the adoption of new technologies. 25:30 Scalling the product, focusing on the Latin America Market  27:07 Incorporating AI and machine learning in underwriting and data analysis. 28:47 Criteria for hiring technical roles 33:28 Remote work and finding tech talent in Latin America 38:46 Challenges in fundraising and adapting to market conditions 41:40 Changing fundraising strategies for a sustainable business 43:32 How to get in contact with the Mo Technologies Team   Resources Company website: https://www.wearemo.com/ Twitter: https://twitter.com/MoTecnologias LinkedIn: https://www.linkedin.com/company/wearemo/ Instagram: https://www.instagram.com/mo.cmp/