How they describe themselves: Symbiotic is a Fintech focused in payments experience. We develop solutions that enable Banks, Payment Service Provider and Modern merchants to interact and transact with their customers in a practical and simple way. We provide many payment solutions and loyalty platforms on cloud and on premise.
We developed the first implementation of TapOnPhone technology in Latin America while we are also enhacing our products with AI and the best user experience available in payments.
How they describe their product/innovation: TapOnPhone (Accept contactless payments with just a Phone) is a technology that enables any cellphone that has NFC antenna to accept contactless payments with just the phone, no additional device required.
It is compatible with NFC cards, bracelets, apple pay, samsung pay, etc…
The wallets have digitalized the cards on a phone, while we are digitalizing the POS Terminal on a Phone.
A smarter, cheaper and massifiable solution by Symbiotic, enabling the integration as stand alone or sdk solution to integrate it with the app you already have.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed