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Phoenix Seeks Software, Fintech Partners In Mexico

MEXICO CITY — The city of Phoenix has been betting on technology industries to fuel its economy. And a local organization wants to take advantage of that trend, as well as the city’s close relationship with Mexico, to make Phoenix competitive in the global market.

Phoenix wants to lead in producing software and technology used for banking and financial services, known as fintech.

The Greater Phoenix Economic Council, or G-PEC, is a public-private partnership working on making it happen, while helping Mexican enterprises scale and penetrate the U.S. market, with Phoenix as the starting point.

Chris Camacho is the CEO of G-PEC, and he visited Mexico City this week to build alliances.

“We met with a number of scalable entrepreneurs that are in software and fintech and other industries that are looking at growing in the United States,” Camacho said.

Camacho explained that, while Mexican partnering companies grow in Phoenix, the city becomes a more robust hub for tech innovation.

Rodrigo Cervantes was KJZZ’s bureau chief in Mexico City from 2016 to 2021.