Mexico's small and medium-sized businesses (SMEs) are turning to an unlikely hero amid financial hurdles: artificial intelligence.
With over 90% of Mexican businesses classified as SMEs, many have long struggled to secure loans due to outdated credit systems. But AI is now automating processes like credit scoring and fraud detection, slashing costs and reducing approval times. Think of it as a turbocharged financial sidekick for entrepreneurs 🚀.
One local bakery owner told us: 'For years, banks treated us like risks. Now algorithms see our real potential.' This tech shift could unlock billions in economic growth while keeping abuela’s tamale recipe in business 🌮💼.
Experts say the innovation arrives just in time, with Mexico’s SME sector contributing 72% of jobs nationwide. As AI reshapes fintech, young entrepreneurs are watching closely—could this be Latin America’s next startup success story? 🇲🇽💡
