Portfolio company Fondeadora welcomes Mibo's users to its growing community. Together, they are positioning to redefine the future of banking in Mexico.
Fondeadora is integrating Mibo's solution and community to its functional, seamless experience. This move consolidates its core product values of: simplicity, elegance and respect for its user base. 98% of Fondeadora users have expressed a very positive opinion of the service provided, with an average rating of 4.8 in the App stores, the highest mark among comparables. Incorporating Mibo to the Fondeadora family will help position the brand as one of the most important players in the Mexican fintech ecosystem. Over the last three years, Mibo has achieved significant milestones, including: over 300k emitted cards, over $2b MXN in deposits, over $1b MXN in card purchases, developing its own tech stack and obtaining a FinTech License (currently in approval process with the CNBV).