Kontigo, a neobank for Latinos offering digital dollar accounts, no-fee remittances, QR code payments, and savings plans through its mobile app, has teamed up with Flagright.
The partnership aims to build a best-in-class compliance framework as Kontigo scales its USDC banking services for Latinos, ensuring financial security and regulatory compliance.
Flagright provides transaction monitoring, AML screening, case management, risk scoring, and AI forensics solutions through a no-code system that lets institutions detect risks in real time, configure rules quickly, and maintain full audit trails. Kontigo combines personal and business accounts with 24/7 support and a smart WhatsApp adviser, enabling Latinos to protect savings from inflation, send money instantly, and earn returns on savings plans called “Kochinitos.”
As fellow Y Combinator alumni, both companies emphasise innovation and security. Kontigo will use Flagright’s technology to monitor every wallet top-up, payment, and USDC transfer, detect suspicious activity, and investigate alerts efficiently with automated risk scoring and integrated case management tools.
Massimo Di Berardino, chief technology officer of Kontigo, said, “At Kontigo, we help Latinos protect their money from inflation and move dollars instantly. Flagright’s real-time monitoring and screening provide the control we need to keep our community safe while we scale.”
Madhu Nadig, co-founder and CTO of Flagright, said, “We’re proud to welcome our YC peers at Kontigo as our latest client. By combining Kontigo’s innovative USDC-based banking experience with Flagright’s AI-native compliance stack, we will deliver a secure, friction-free way for users to save, send, and spend dollars.”
For more, find on RegTech Analyst.
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
