·
DiMo turns one year in Mexico. With this new digital payments initiative, the central bank wants to move on from CoDi´s unsuccessful experience.
Mexican fintech Aplazo concluded its Series B funding round, securing $70 million, with an additional $45 million in new equity financing.
The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
Fintechs in Mexico take on the challenge of competing with banks, in a country that lags most Latin American peers in financial inclusion.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Digital neobank Albo saw a $40 million investment from U.S. and Mexican venture capital firms to expand SME loans in Mexico.
Nubank's second product in Mexico was well received. Country manager Ivan Canales discusses the market strategy with Fintech Nexus.