Levo

Y Combinator LogoS21ActiveFintech

Levo is the Vanguard of Mexico for Effortless Investing

Levo helps clients save for their life goals like a rainy day fund, marriage, education through low fees mutual funds and ETFs in an effortless and automated manner. Levo matches the risk of the portfolio to the clients’ goals horizons and automates the allocation between them according to personalized rules. There are $220b in savings for which we charge 1%, making this a $2.2b opportunity only in Mexico. The company is founded by Salvador Rivero, former Equities VP Portfolio Manager for BBVA, for which he invested $1.5b USD in Mexico and Latam. To date we have $300k USD AuM, growing at 28% w/w, 64% client retention and 2,516% net AuM retention, we have LOIs with 3 banks. Our main investors are Y Combinator, Magma Partners, Latitud and BackBone Ventures.

Jobs at Levo

Levo
Founded:2020
Team Size:6
Location:Mexico City, Mexico

Active Founders

Salvador Rivero

Born and raised in Mexico City, trained in Political Science and Finance at Sciences Po in France. 9 years experience in the investment industry, invested more than $1.5B USD in Latam equity markets. 3rd time founder and fintech geek.

Salvador Rivero
Salvador Rivero
Levo