Banking Is Going Digital. This Atlanta Hardware Startup Is Building Physical Access.

ATLANTA, September 28 (Hypepotamus) – Loto Punto, a Create-X and Techstars startup building in Atlanta, started as an automated ticket vending machine on a street corner in Colombia.

But “selling lottery slips had a ceiling,” the startup’s CEO Victor Espinosa told Hypepotamus. Yet, he saw a larger market opportunity in turning the machine he had built into a “full banking agent” that can help bring more digital access to the unbanked and underbanked.

As he explained to Hypepotamus, “what started as a machine to buy a shot at being a millionaire, evolved into a financial hub, bridging cash with digital finance without losing its neighborhood soul.”…

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