Life as an Entrepreneur in a Violent Mexico

08/15/16 MIT Technology Review

Alejandro Avila, the 30-year-old Mexican cofounder of Espiral, a mobile wallet service that he describes as “Square meets Stripe,” is on the edge of something big. Mexicans carry more than 100 million mobile phones and only 15 percent use credit cards, making financial tech a lucrative nascent market.

Yet Avila—whose family left Mexico in the 1990s only to return a decade later—faces a dangerous caveat to success.

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