This Series C closure follows a remarkable performance in 2023. During the year, albo notched up an impressive user base exceeding two million users and recorded an annual transaction volume of $6.5 billion.
The funding announcement also coincides with albo's strategic move to acquire Mexican technology firm delt.ai for $20 million, a step intended to bolster its product offerings in response to increasing competition from the likes of Argentina's Uala and Brazil's Nubank.
Tags: Mexican neobank albo,Ángel Sahagún,
