Fygaro Startup from Panama is the Winner of the Visa Everywhere Initiative in Latin America and the Caribbean

Fygaro won with an innovative solution that helps SMEs in the region ignite their online presence
Panama-based startup was selected the winner from over 300 submissions in more than 27 countries across the region
Past VEI finalist Organizame from Chile launches robust mobile app for SMEs thanks to co-creation with Visa

Miami, October, 15, 2020 – Today Visa announced the results of the 2020 Visa Everywhere Initiative (VEI) for Latin America and the Caribbean (LAC), naming Panama-based Fygaro as the winner among 10 regional finalists. In a global environment impacted by COVID-19, the fourth edition of VEI for Latin America and the Caribbean for the first time brought its quest and all activities to a virtual environment, tasking participants with finding novel solutions for small business recovery and frictionless mobility, resulting in the submissions of 300 regional start-ups – nearly a 60% increase in participation over last year. Brazil’s mGrana and Colombia’s Quipu were named second and third runners-up respectively.