Grupo Tortooga, based out of Puebla Mexico, and BlocPal, with headquarters in Vancouver, Canada, today announced a new strategic partnership to jointly develop and release the Tortooga digital wallet in Mexico.
The partnership between Grupo Tortooga and BlocPal has been formed as part of GMM’s strategy to offer its 40 million customers and 60 thousand merchant partners in Mexico with a new upcoming suite of digital financial services.
[perfectpullquote align=”full” bordertop=”false” cite=”Guillermo Hernandez Rojas, CEO of Grupo Movil Mexico (GMM)” link=”” color=”” class=”” size=””]“Grupo Movil Mexico is excited about integrating BlocPal’s platform with its new venture, Tortooga, whose goal is to provide GMM’s customers a digital suite of financial and payment services. BlocPal’s solution is a big step forward in this process.” [/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Matt Hoffar, CEO of Grupo Tortooga” link=”” color=”” class=”” size=””]“We are thrilled about building a successful long-term partnership with BlocPal and GMM to bring digital solutions to both the banked and unbanked in Mexico.”[/perfectpullquote]
Grupo Tortooga will work together with BlocPal to deliver key initial features for the Tortooga digital wallet, enabling digital payments for pre-paid airtime, mobile data and utility bills. The development plan for the Tortooga digital wallet will involve solutions for micropayments and remittances across North America and will support international currencies including MXN, USD, and CAD.
The Tortooga digital wallet will serve as a key platform for additional financial services to be developed and offered to GMM’s customers and partners. Planned, new features to be integrated will include more options for deposits and withdrawals and support for new currencies, including major digital currencies.
[perfectpullquote align=”full” bordertop=”false” cite=”Nick Mellios, CEO of BlocPal” link=”” color=”” class=”” size=””]“The partnership with Grupo Tortooga to serve Grupo Movil Mexico’s customers is a perfect fit with BlocPal’s vision to help bring financial power to everyone while building out support for the digital currency community. We couldn’t have asked for a better partner or opportunity to showcase our technology.” [/perfectpullquote]