November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
Albo
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
Mexican neobank Albo raises $40m in Series C funding round
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
Mexican challenger Albo snaps up Delt.ai for $20m
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
Mexican challenger albo raises $45m in Series B funding round
Albo has now raised just over $72 million across five rounds.
Mexico’s neobank Albo raises $26.4m Series A total
The round was led by Valar Ventures, PayPal founder Peter Thiel’s fund.
Mexican challenger bank Albo raises $7m
Series A funding round led by Mountain Nazca.
An overview of neobanks in Latin America
To tackle financial inclusion, LatAm’s banking industry needs to undergo changes and disruption.
