WorldRemit announced on Thursday it has formed partnerships with Mexico-based neobanks albo and Klar. According to Jorge Godinez, Head of LATAM at WorldRemit, the UK based Fintech is considered the first money transfer company to enable transfers to albo and Klar. While speaking about the collaboration… Read More
Increasing financial inclusion is a high-priority goal of many countries because it has a widespread positive impact. Studies show that expanding financial inclusion enables seven of the 17 Sustainable Development Goals, with more financial stability leading to improved social conditions, community development, and economic growth…. Read More
albo, a Mexico-based challenger bank that offers consumers digital accounts with prepaid Mastercards for receiving, transferring, and spending, announced on Thursday it raised an additional $19 million through its extended Series A funding round, bringing the total amount series through the investment round to $26… Read More
3 Fintech Trends to Watch in Latin America Latin America is one of the fastest-growing regions in the world for mobile usage. In fact, the region ranks third for smartphone adoption globally, behind North America and Europe In 2017, the percentage of the Latin American… Read More
Albo, a Mexico-based fintech that offers consumers digital accounts with prepaid Mastercards for receiving, transferring, and spending, announced on Thursday it secured $7.4 million through its Series A investment round, which was led by Mountain Nazca and joined by the impact investment firm Omidyar Network,… Read More
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