Albo is a comprehensive financial platform based in Mexico, offering a unified solution for personal and business finances. They provide an international debit Mastercard, no-fee transactions, and innovative features like smart money management and cryptocurrency trading.
Albos most recent funding round had the participation of Nazca, Morpheus Ventures, and Valar Ventures. The funds will be used to strengthen its service offering, as well as hiring strategic people that will further fuel the growth of the company, which will ultimately translate into profitability.
“We have a solid value proposition for both individuals and businesses that includes debit products, payment solutions, credit offerings, and much more. We will continue to expand on that. That’s the formula that has worked for us.” -Angel Sahagun, CEO of Albo
The company recently announced the acquisition of debt.ai, which has enabled them to enhance their B2B services. Albo currently serves over 2 million users throughout Mexico.
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