Mexico - Bitcoin News Related To Mexico

Solvento, a Mexican FinTech, has raised $4.5 million in an investment round, according to a press release. Solvento’s objective is to be a solution for shippers, to help them smooth out various complications and access more funding, the release stated. “Truckers are the unsung heroes of the supply chain, yet they often struggle due to […]

Mexican buy now, pay later (BNPL) firm Kueski on Thursday (Dec. 2) announced it had completed a $200 million equity and debt fundraising round that will help it expand the business, according to a Nasdaq report.  Private equity firm StepStone Group led Kueski’s $102 million equity investment round, while alternative investment firm Victory Park Capital […]

Mastercard will be working with Jeeves, a business banking company that has worked with numerous Mexican businesses, to help alleviate credit access problems in Mexico, according to a press release Monday (Nov. 29). The two companies will work together to create a physical card that lets companies pay in any local currency from anywhere Mastercard […]

Mexican omnichannel buy now, pay later (BNPL) platform Aplazo on Tuesday (Nov. 16) announced it’s raked in $27 million in Series A funding, four months after it grabbed $5.25 million in seed funding, and it plans to use the fresh capital for growth, including adding employees in several sectors.  Aplazo said in the announcement it […]

Mexican FinTech Stori on Thursday (Nov. 11) closed a $125 million oversubscribed Series C equity funding round led by venture capital firm GGV Capital and growth-stage investor GIC, paired with a debt raise to fund Stori’s credit card portfolio. General Catalyst and Goodwater Capital also contributed to Stori’s fundraising efforts, as did Mexico-based Tresalia Capital […]

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+ Digital Wallet Solution, according to a press release. Whale Cloud and Ant Group will help Toka Fintech develop the app, which will be designed specifically for the Latin America market, […]

U.K. FinTech super app Revolut is expanding into Mexico and the Latin American market and named Juan Miguel Guerra CEO to build and lead its entry into the region, according to a press release emailed to PYMNTS on Friday (Oct. 22). Formerly head of Bogota, Colombia’s online digital delivery service RappiPay, Guerra also brings experience […]