Harris Computer has acquired Modyo, a Chilean digital solutions provider, to enhance its offerings in the financial sector and capitalize on the growing demand for digital transformation across Latin America.

Target Company Overview

Modyo, established in 2011 in Chile, specializes in offering an advanced and modular front-end platform that integrates customer experiences across corporate websites, particularly within the financial sector. The company has earned recognition for its pivotal role in digital transformation, providing cutting-edge SaaS solutions to prominent corporate clients. Modyo has successfully expanded its operations into Colombia in 2019 and Mexico in 2020, currently serving over 40 clients across Latin America. With over 150 dedicated professionals, Modyo’s platform and offerings have garnered awards from AWS, highlighting its commitment to innovation and quality.

Industry Overview in Chile

The technology landscape in Chile has experienced significant growth in recent years, positioning the country as a robust player in the Latin American digital economy. The enhancements in digital infrastructure and the increasing adoption of technology across various sectors have created fertile ground for companies like Modyo. The financial sector, in particular, is rapidly evolving, with a growing demand for digital solutions that improve customer engagement and operational efficiency.

Moreover, the Latin American market is witnessing an overall surge in the implementation of digital transformation strategies. Organizations are increasingly recognizing the importance of enhancing customer experiences thro