Mexican neobank Albo raises $40m in Series C funding round
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
Albo has now raised just over $72 million across five rounds.
Series A funding round led by Mountain Nazca.