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Mexican fintech, Credijusto announced that it is in talks to go public via a SPAC merger with Tidjane Thiam’s Freedom Acquisition I. The deal is reported to be valued at $1.5b and follows Credijusto's acquisition of Banco Finterra.
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“Our acquisition of Banco Finterra creates the first truly digital banking platform for Mexican [SMBs], ... This acquisition marks a major milestone in Mexico and the region, and we are proud to be revolutionizing the future of banking in Latin America.” said Co-CEO Allan Apoj Pascal.
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