Arcus gains CNBV authorization, strengthening Mastercard’s fintech portfolio in Mexico
Mexican fintech Arcus, recently acquired by Mastercard, received authorization from the National Banking and Securities Commission (CNBV) to operate as…
Kapital invests $50M in the acquisition and capitalization of Autofin
Kapital, a fintech specializing in financial solutions for SMEs, has acquired the Mexican Banco Autofin, a multi-banking institution focused…
Paymentology and Nelo partner to boost financial inclusion in Mexico
Paymentology, a global card and payment processing leader, teamed up with Nelo, a Mexican buy now pay later platform. The…
Fretadão secures $10M funding. Syscap has secured $2.3M, Ep 150
In this week’s Espresso, we cover news from Databits, Stori, Lemon, and more!
Kunzapp closes the biggest round of Platanus Demo Day
Mexican startup Kunzapp, an enterprise software management solution, secured $750,000 in investment, marking the largest amount raised since Platanus Ventures,…
Kolors acquires Urbvan to transform corporate bus travel
Kolors, a Mexican startup known for connecting intercity bus riders, acquired Urbvan, a corporate van-pooling service, for $12M. The…
Stori acquires Sofipo license to expand its services
Stori, a Mexican fintech specializing in credit cards, obtained approval from the National Banking and Securities Commission (CNBV)…
Mexican startup Syscap raises $2.3M
Mexican fintech Syscap secured $2.3M in funding to improve access to private credit for companies and individuals. The round was…
123 Lease raises $30M to expand its operation in Mexico
123 Lease, a Mexican startup that provides car leasing services, secured $30M of financing from Emso Private Credit…
Asaak acquires FlexClub’s Mexican arm
Asaak, a Ugandan fintech that provides asset financing primarily to mobility workers, acquired FlexClub Mexico, a car subscription service…