Balam
Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster.
28 employees · est. 2020 · Mexico
Estel Technologies is the older company (2020 vs 1997); Estel Technologies is the larger of the two.
3 signals in the last 90 days
Side-by-Side Comparison
| Metric | Balam | Estel Technologies |
|---|---|---|
| Founded | ||
| Founded | 2020 | 1997 older |
| Headquarters | ||
| Headquarters | Mexico | Gurgaon, India |
| Employees | ||
| Employees | 28 | 180 larger |
| Industry | ||
| Industry | Crypto, Payments | Mobile |
| Funding Stage | ||
| Funding Stage | Pre Seed | Pre Seed |
| Total Funding | ||
| Total Funding | $400.00K | $270.00K |
| Funding Rounds | ||
| Funding Rounds | 1 | 1 |
| Services | ||
| Services | information requests management, website development, email marketing | Not tracked yet |
| Target Customers | ||
| Target Customers | web users, businesses seeking online presence, individuals interested in location-specific services | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Remittance Technology, Fintech API, Cross-Border Payments, Blockchain Integration, AI Integration, Financial Compliance, WhatsApp Payments, Instant Money Transfers, Cost-Effective Remittances, Fast Transaction Processing, Partnered Financial Licenses, Digital Financial Services, Payment Technology Platform | Payment Solutions, Prepaid E-Top Up, Voucher Management, Telecom, Banking, Mobile Wallet, Mobile Money, Mobile Financial Services, International Remittances, R&D, Outsourced Services, Mobile Commerce, Financial Inclusion |
| Website | ||
| Website | getbalam.com.mx | esteltelecom.com |
About Balam
Balam, founded in 2020 and headquartered in Mexico, is positioned at the intersection of Crypto and Payments industries. With its compelling slogan, "Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster," the company underscores a si...
About Estel Technologies
Estel Technologies is an ISO 9001 certified company pioneering in Payment Solutions, Prepaid e-Top Up, and Voucher Management for Telecom, Banking, and Fintech industries globally. With a presence in 32 countries, particularly in Asia, Africa, Middle East, CIS countries, and Latin America, Estel has...
We will tell you when either one moves
BounceWatch watches Balam and Estel Technologies for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Balam and Estel Technologies — by email.
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Compiled from the BounceWatch company index. We last looked at Balam on 10 Sep 2025, and Estel Technologies on 14 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.