#89 - A billion dollar exit 20 years in the making: Miguel Santos, Technisys

12/04/2022 37 min Temporada 3 Episodio 89
#89 - A billion dollar exit 20 years in the making: Miguel Santos, Technisys

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Episode Synopsis

If you told 13-year-old Miguel Santos with his first Apple device that he'd grow up to build his own billion-dollar tech company, he might have had a hard time believing you.When Miguel started Technisys over 20 years ago, he and his co-founders set up office in a living room with a piano for a desk just as the internet started to become an integral part of everyday life.Their digital banking solution came about 10 years ahead of its market, long before venture capital had turned to Latin America for investment opportunities, and there was no shortage of additional challenges along the way.Miguel survived the Argentine crisis of 2001 and went on to become an Endeavor entrepreneur, expand his company to 15 markets serving over 200 million end users, and raise money from big-name VCs like KASZEK and Riverwood Capital.Technisys was recently acquired by SoFi in a $1.1 billion all-stock transaction.Miguel and I will be having a chat about:Overcoming bureaucracy and inefficient regulations in developing countriesBuilding and scaling products in traditional sectorsAnd the key factors in pulling off a billion-dollar exitBuilding something new? Apply for the Latitud Fellowship at apply.latitud.comBuilding good sh*t in Latin America? Learn about how Latitud can help you at latitud.com Discover and pitch Latitud Ventures, your partner from 0 to 1 and beyond Sign up for our weekly newsletter for founder insights and some tough love And follow us on Linkedin / Instagram / Spotify to stay in the loop

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