Albo receives US$40 million in Series C funding, opening the door for it to establish itself as Mexico’s first successful neobank.
This was quickly followed by albo’s strategic purchase of the technology company delt.ai for US$20 million. Albo’s remarkable success sets the company for profitability in 2024 despite the difficulties presented by the current state of the world’s financial system. Earlier investors including US-based Valar Ventures and Mexico-based Nazca Ventures contributed significantly to the funding, which … Read more