Negocios Now

Latinos 40 under 40 Class of 2022 - Chicago

Negocios Now is the Hispanic Business Publication in Chicago with National Distribution

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www.negociosnow.com 18 March 2023 Age:31 Title: Founder Organization: CASHDROP Ruben Flores-Martinez, an im- migrant from Mexico, saw the reality of setbacks Latinos face. At age 13, Flores-Martinez and his family immigrated to the states from Guadalajara, Mexico. Flores-Martinez had many scholarships to attend di- fferent universities, but couldn't due to his immigration status. He began watching You- Tube videos on coding and taught himself how to build websites and mobile apps. A few years later, he successfu- lly founded CASHDROP , a point-of-sale and online or- dering platform with zero merchant fees, and joined the 1% of Latino founders who are venture-backed. CASHDROP's product and mission attracted investors that include Harlem Capital, Cyan Bannister, Scott Belski, Valor Equity Partners and David Grutman. Flores-Martinez's story has placed him in Forbes 30 Under 30 and Crain's 40 Under 40, and the CASHDROP founding story has become a case study at Harvard Business School. Ruben Flores Martinez Founding a new financial service WORDS OF WISDOM: "W e live in one of the most important periods in history for our community. It is time for every single Latino to realize this and become empowered by it."

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