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Investment Fund XY Booster Expands in 2024 with New Branches in the U.S. and Europe

Investment Fund XY Booster, a private American investment fund providing financing to ventures incubated in Spanish-speaking markets and scalable internationally, is ready to tackle new challenges in 2024 by opening two new branches in the U.S., in Los Angeles and Miami, and one in Europe, in Madrid, Spain.

"During 2023, XY Booster experienced exponential growth at all levels," stated Mr. Robert Montuirol, founder and president of the fund. "We now have almost 400 workers and offices not only in the United States (New York and San Francisco) but also in Europe (Barcelona) and Mexico. These new branches will allow us to further level up and continue expanding into markets with great potential."

XY Booster bets on projects aimed at optimizing the customer experience, always with intensive technology support and often with embedded finance. Consequently, all its initiatives, linked to a wide variety of sectors, generate high returns because they directly impact the improvement of the quality of life for underserved social segments, correct errors, and preserve authenticity. One key element of their success has been the idea of "financial inclusion."

"Financial inclusion for XY Booster means providing access to financing to groups that have been excluded from traditional banking entities," continued Mr. Montuirol. "Denial of financing can be due to various reasons, such as being a foreigner, lacking a credit history due to being young or female (as is often the case for many women in Mexico), having a bad credit score due to non-payment of installments, or having mixed income (identifiable and unidentifiable extra income), etc. XY promotes this financial inclusion by creating technological solutions that offer financial services. These solutions generate social benefits and contribute to overall economic growth. XY uses technology as a means, not an end, to provide value to society."

XY Booster exclusively invests in projects that focus on people. This translates into projects that aim to improve the quality of life for underserved social segments, mitigate errors, and preserve authenticity. XY Booster comprises an international and interdisciplinary team: as strategic assets of innovation and operational rigor, it is noteworthy that 50% of this workforce are women and 30% present some form of neurodiversity. Female leadership is associated with work models that are more people-oriented, cooperative, resilient, and emotionally driven. Neurodiverse talent can solve situations uniquely and develop disruptive projects outside the standard framework.

"Among the vast array of successful businesses that XY Booster has funded, these are the ones that make us the proudest:

Xpats & TwoLanders: A service platform aimed at over 300 million digital nomads and expatriates worldwide. Mexico and Spain are top global destinations for digital nomads and expatriates. Each year, more people adopt remote professional models and retirement stages where acquiring a retirement home in other countries becomes an attractive lifestyle alternative. In this massive market, no player is positioned to meet the needs of this journey when it comes to supporting relocation processes, social integration, and building ad-hoc financial solutions (payments, investment, and credit).

Dream Boosters: Focused on providing a mechanism of financial autonomy to excluded social segments. Dream Boosters launched the first credit builder in Mexico (allowing people to build, repair, and strengthen their credit history) and a rewards program for customers with the first 100% digital mortgage. To achieve this, partnerships have been formed with the credit information society Círculo de Crédito and the technological startup Weetrust. The aim of these agreements is to ensure that all people have access to financial services, so no group is excluded.

XtraordinarY People: A project to improve the detection of neurodivergence and maximize the skills of these profiles in society. It is now known and proven that more than 25% of the world's population has different learning abilities (from Dyslexia to Asperger's, there are multiple neurodivergences). However, academic models, university, and professional opportunities seem designed for a single learning pattern. This has stigmatized millions of people, as there has been no capacity to adapt learning models to individuals' differentiated abilities, missing the opportunity to empower great minds. XtraordinarY seeks to enhance and recognize those differentiated learning abilities from early ages in schools to the corporate world.

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