Gonzalo Blanco, Quansa: Building the future of financial health in Latin America, Ep 152

<p><strong><span style="font-size: 24pt;">Gonzalo Blanco, Quansa: Building the future of financial health in Latin America, Ep 152</span></strong></p> <p> </p> <p><span style="font-weight: 400;">For years, Gonzalo Blanco and Mafalda Barros have seen how the misaligned incentives in Latin American financial products push the average person to make bad financial decisions. Due to this lack of guidance, people improvise and spend money without realizing the impact that their decisions have on their financial health. </span></p> <p><span style="font-size: 12pt;"> </span></p> <p><span style="font-weight: 400;">This frustration with the lack of financial education led them to found Quansa, a corporate benefits platform focused on employee financial wellbeing. We invested in Quansa’s last round and are excited to support them on their mission to promote employee financial health throughout the region.</span></p> <p><span style="font-size: 12pt;"> </span></p> <p><span style="font-weight: 400;">In this episode, I sat down with Gonzalo to talk about why the incentives in Latin American financial products are broken and how Quansa aims to change that. Gonzalo also shares his lessons learned from working in the corporate world, participating in Pear.vc’s accelerator, and going through the fundraising process in the US and Latin America.</span></p> <h3><span style="font-weight: 400;">Pushing for employee financial health with no hidden agenda</span></h3> <p><span style="font-weight: 400;">Latin Americans historically don’t trust financial institutions. Banks and financial institutions push products on their clients, and many make bad decisions. However, through Quansa’s digital diagnostic and personal financial coach, clients have transparency and can easily understand the impact of their decisions. </span></p> <p><span style="font-size: 12pt;"> </span></p> <p><span style="font-weight: 400;">Learn more about how employees can incorporate healthy financial habits with Quansa in this episode of</span> <em><span style="font-weig