Fondeadora is a neobank aiming to democratize personal finance in Mexico and digitalize the system. The Fondeadora account is free of charge and operates with an app and debit card.
“We received an unsolicited and unexpected term sheet three months after our Series A,” said Norman Müller, co-founder and CEO of Fondeadora.
With the round extension, the company’s valuation doubled. The startup also recently acquired Mibo, a digital wallet app.
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