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Momento Company Information

Momento, formerly known as ‘momento’, operates from Mexico City and specializes in the fintech industry, specifically under the sub-industry of insurance. The company is part of the Y-Combinator batch W22 and serves regions including Mexico, Latin America, and offers remote and partly remote services. Momento employs a team of 18 and is committed to transforming the auto insurance landscape by making it more accessible and user-friendly. The company offers a mobile app available on both Google Play Store and Apple App Store, which allows users comprehensive control over their insurance services. Momento emphasizes a unique approach to auto insurance, highlighted in a video on their website, which showcases their flexible plans and customer-centric features. They provide a blog with valuable information on auto insurance, including legal requirements in Mexico. Momento’s business model prioritizes agent happiness, essential for customer satisfaction, and offers a three-step process for agents to join the company. Additionally, the company has streamlined the claims process into three clear steps, supports real-time tracking of claims, and provides options for car repairs or compensation. Momento is regulated by the National Insurance and Bonding Commission and aims to address the low rate of insured cars in Mexico by offering customizable plans and flexible payments, thereby ensuring that auto insurance is accessible to everyone.

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