Mexican company wins Southland pitch competition

A Mexican company marketing a pre-paid debit card that connects to any smartphone or tablet won this week's startup competition at the Southland Southern Culture and Technology Conference. The company will receive $110,000 from the contest's 11 judges — with the stipulation that that money be the final $110,000 of a $4 million round that Sr. Pago executives plan to raising.

Sr. Pago was selected from a group of 10 early-stage companies that pitched at the conference. Its card will be sold at Best Buy or about $50.

“We were pretty surprised,” said Pablo Gonzalez Vargas, CEO of Sr. Pago. “As a Mexico-based company, we knew we would bring diversity to this conference, and it’s a very good thing for Southland to be this open to an international company.”

Separately at Southland, PandoDaily Editorial Director Paul Carr revealed that the staff of the website selected Nashville-based musical instrument maker Artiphon as their favorite company and said they will fork over a financial prize soon.