Before the consultation and complaint of the fans of “Red”, the influencer himself explained why his collection does not generate interest to earn more money, or rather that the collected does not go liquefying.
After announcing on his social networks last night that he collects it to pay off the debts of Independent reached the 720 million pesos, Santiago Maratea explained a problem that has the same.
The fans wonder and complain about why the balance of the collection continues without generating interest, which brought about a controversy.
Let’s remember that Market Payment offers individuals the possibility of investing in a money market fund and earning daily interest on the invested balance.
However, the problem for the collection of Independent lies in the following: the account in which the funds are being received is not from Santiago Maratea but it is from a escrow. And it is not governed by the same rules as natural persons.
Own maratea took it upon himself to explain the situation to his followers in instagram after the wave of comments he received for having the money parked in the account without generating any type of interest.
“We cannot make the money from Mercado Pago pay off. I cannot make the money pay off because it is a trust, it is not my personal account. Authorizations are needed. We have meetings with national and international banks to see how to make the money pay off and see who can give us authorize”commented maratea in a story of instagram.
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Being a case “special and unique”the money deposited in the fintech cannot be invested in the same way as if the account were in the personal capacity of maratea.
Source: Ambito
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