WHICH MARKETS WILL BUILD THE NEXT BIOTECH MEGACLUSTERS?​

Laura Gaviria interviews Sergio Fogel, president, co-founder, and chief strategy officer of Diloco, about the company's origins and operations. Diloco helps large companies accept payments in emerging markets, bridging the gap between them and regions with unique payment systems. Sergio explains that the company serves various verticals, including e-commerce and ride-sharing. He also highlights the regulatory challenges in the payments industry, especially regarding data localization. Sergio discusses the innovative payment systems like PIX in Brazil and UPI in India. The conversation shifts to stablecoins and AI, where Diloco uses AI to combat fraud and automate processes. Sergio mentions the company's goal to have AI replace the work of 100 FTEs this year. Diloco is also seeking a direct presence in Saudi Arabia to support the kingdom's Vision 2030.