FinTech Magazine October 2023 | Page 20

INTERVIEW WITH ...

Alberto

UniTeller ’ s CEO , Alberto Guerra , explains the frictions in cross-border payments , the apps that are a source of inspiration in fintech , plus why he doesn ’ t necessarily believe in luck
Q . COULD YOU DESCRIBE YOUR ROLE AND YOUR BACKGROUND ?

» I am Alberto Guerra , CEO of UniTeller Financial Services , a company founded in 1995 and acquired in 2007 by Grupo Financiero Banorte , one of the largest financial groups in Mexico and Latin America .

My journey with Banorte began many years ago in the International Banking Division . Progressing through various roles , from International Banking to Corporate Banking , M & A and Investment Banking , I became the Head of International Banking at Banorte in 2003 . In 2005 , Banorte initiated a strategic endeavour to expand into the US and created the Banorte USA Division , with the goal of acquiring a Bank and a Company specialising in cross-border payments and remittances .
As Head of the International Division , I had the privilege of working on the Banorte USA initiative , and successfully overseeing the acquisition of UniTeller in 2006 , culminating in the completion of the deal in early 2007 . As part of this acquisition , I was presented with the opportunity to relocate to the US and assume the leadership of UniTeller as its CEO . Our vision was to transform UniTeller into a gateway for international crossborder payment transactions to Banorte and financial institutions in Latin America and globally .
Being the CEO of UniTeller has been an exciting journey , during which the company evolved from a small , traditional remittance enterprise into what it is today : a major gateway and processor for global cross-border payments .
20 October 2023