Castor

Mexicofintech

Castor is a Mexican fintech startup that provides on-demand salary access (pay-on-demand) to employees, allowing them to withdraw earned wages instantly before the traditional payday. The service aims to increase banking penetration in Latin America by offering financial flexibility to underbanked workers. Castor operates primarily in Mexico and targets employees seeking immediate access to their earned income. The company raised a $1.8 million pre-seed round led by Canary, Vast Venture, Latitude, and First Check Ventures, contributing to a total reported funding of $64.4 million according to Crunchbase.

Website