Flink
About Flink
Flink: The Mexican Neobank Democratizing Stock Market Investment Flink is a Mexican neobank specializing in stock market investment that has revolutionized access to financial markets for millions of Mexicans. With its intuitive mobile app available on flink.com.mx, this fintech allows anyone to invest in US and Mexican stocks, ETFs and cryptocurrencies, all without traditional commissions. In this comprehensive article, we will explore in depth all aspects of Flink, from its history to its expansion prospects, including its fees, features and the security it offers to its users. Whether you are a beginner or experienced investor in Mexico, this complete guide will give you all the information you need to understand why Flink has established itself as one of the most popular investment platforms in the country.
Table of contents Background and history of Flink Flink offers and fees Flink platform features Additional services offered by Flink Security at Flink Flink customer service Customer reviews of Flink Comparison: Flink vs GBM+ vs Bursanet vs Nu Mexico Flink user case studies Expansion and outlook for Flink
The birth of a revolutionary fintech in Mexico Flink was founded in 2017 in Mexico City, at a time when access to financial markets remained largely reserved for an economic elite in Mexico. Back then, investing in the stock market required going through traditional brokers who imposed high minimum amounts, prohibitive commissions and cumbersome administrative processes. Flink's founders, Sergio Jiménez and Alberto Tawil, identified a considerable opportunity: democratizing investment by making it accessible to everyone through a simple mobile app with no financial barriers. Their vision was clear — to enable any Mexican with a smartphone to invest in the world's largest companies, with as little as a few pesos. Mexico represented fertile ground for such an innovation. With a population of over 130 million, a large majority of whom were underbanked, the country had an extremely low stock market penetration rate. Less than 2% of the Mexican population invested in the stock market, compared to approximately 55% in the United States. This gap represented both a challenge and an immense opportunity for Flink. Mexico's youth, increasingly connected and familiar with mobile apps, constituted an ideal target market for an investment neobank.
The early years of development Flink's early years were devoted to technological development and obtaining the necessary regulatory approvals. Mexico had adopted the Ley Fintech in 2018, a pioneering law in Latin America aimed at regulating financial technology companies. Flink had to navigate this new regulatory framework while developing its platform. The company worked closely with the Comisión Nacional Bancaria y de Valores (CNBV) to ensure its business model complied with Mexican legal requirements. In 2019, Flink launched the first version of its app, allowing users to buy fractional US shares. This fractional share feature was truly revolutionary for the Mexican market. For the first time, a Mexican could buy a fraction of an Apple, Amazon or Tesla share for the equivalent of a few dozen pesos. The concept immediately captivated a generation of young investors who had never had access to financial markets before.
Fundraising and accelerated growth Flink's initial success attracted investor attention. The company completed several significant funding rounds. In 2020, Flink raised a Series A of $12 million, led by venture capital funds specializing in Latin American fintechs. This capital injection enabled the investment neobank to accelerate its technological development, expand its product offering and strengthen its team. In 2021, a $57 million Series B followed, valuing the company at several hundred million dollars and confirming international investors' confidence in Flink's model. These financings enabled Flink to reach major milestones. The number of users exploded, growing from a few tens of thousands to several million in just two years. The platform expanded its available asset catalogue, adding Mexican stocks, international ETFs and, later, cryptocurrencies. Flink quickly became the most downloaded investment app in Mexico, surpassing traditional players like GBM+ and Bursanet in terms of new monthly signups.