Mexico based challenger bank has raised a $19m extension to its Series A led by U.S.-based Valar Ventures.
In the meantime, founders are taking more of a collaborative rather than competitive stance. “This isn’t a winner takes all market,” says Sahagun, arguing that the financial market in Mexico is diverse enough to thrive with numerous financial products.
https://techcrunch.com/2019/12/11/albo-raises-19m-series-a-to-scale-mexicos-largest-neobank/