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Albo

Albo

Albo is a neobank based in Mexico offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. Albo currently accepts to open mobile bank accounts for residents of Mexico.

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Timeline

December 11, 2019
Albo raises a $19,000,000 series A round.
January 2019
Albo raises a $7,400,000 series A round from Greyhound Capital, Mountain Nazca and Omidyar Network.

Funding rounds

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News

Title
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Description
Anna Escher
December 26, 2019
TechCrunch
Latin America's startup and investment ecosystem has likely more than doubled this year as compared to 2019.
Anna Escher
December 11, 2019
TechCrunch
Another startup hoping to capitalize on the fintech opportunity in Mexico has closed on a new sum of funding. Mexican challenger bank Albo has secured a $19 million extension to its Series A financing, led by U.S.-based Valar Ventures. The neobank previously raised $7.4 million at the beginning of 2019, bringing the company's total Series [...]
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