Albo
Mexican challenger bank albo raises $45 million to expand
With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a domina
Six favorite Techstars startups ahead of its next rush of demo days
With TechCrunch Disrupt happening last month, I fell behind on watching accelerator demo days. It’s time to correct that oversight. In August and September, the Techstars network of startup acce
The tale of 2 challenger bank models
Emerging market challenger banks will have to look carefully at market conditions, possible target segments, sustainable revenue sources and the regulatory structure that best supports their desired b
Latin America Roundup: SoftBank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes
After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion into the fund.
Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, SoftBank backs Konfio
Latin America’s startup and investment ecosystem has likely more than doubled this year as compared to 2019.
Albo raises $19M Series A to scale Mexico’s largest neobank
Another startup hoping to capitalize on the fintech opportunity in Mexico has closed on a new sum of funding. Mexican challenger bank Albo has secured a $19 million extension to its Series A financing