Daniel Arango

Daniel Arango serves as the Head of Product at Monet, a financial services company that participated in the Y Combinator S21 batch. Monet specializes in offering instant cash advances and payroll-backed loans to employees in Latin America who have a recurring income and a bank account. The company operates through a mobile app and is headquartered in Bogotá, Colombia, with an office in Miami, FL, USA, and also provides remote services. Monet has launched several initiatives under Arango’s leadership, including ‘Mujer con M de Monet’ to address gender gaps in credit access, and a community engagement program that features a Telegram channel for users. Additionally, Monet introduced a personal finance blog and MonetPay, a digital wallet service in collaboration with Bancolombia S.A. The company also conducted the ‘Monet Contigo’ contest to promote its app usage and offers a referral program for users. Monet has made significant contributions to financial health by reporting over 171,000 positive reports to credit bureaus in the last six months and has initiated educational programs aimed at financial inclusion for early childhood.