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albo logo — ¡Tu dinero, más tuyo! albo es una institución de fondos de p...

albo

¡Tu dinero, más tuyo! albo es una institución de fondos de pago electrónico autorizada y regulada en México por la CNBV.

Founded 2016 Mexico Cuauhtemoc, Mexico 213 employees Debt Financing Total: $217.13M Fintech, Mobile +1

General Information

Company Name albo
Founded Year 2016
Location Mexico Cuauhtemoc, Mexico
Employees 213
Industries Fintech, Mobile, Banking
Funding Stage Debt Financing
Business Model B2C, B2B, Embedded Finance
Revenue Model Transaction Fee, Service Fee, Commission
Social

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About albo

albo, founded in 2016, is a dynamic participant in the Fintech landscape of Mexico. As an Institución de Fondos de Pago Electrónico (IFPE), it operates under the regulation and supervision of the Comisión Nacional Bancaria y de Valores (CNBV), ensuring a compliant and secure platform for its users.

The company aims to empower consumers by making their financial assets more accessible, as communicated in its slogan, "¡Tu dinero, más tuyo!" This mission responds to increasing demand for flexible, mobile banking solutions in Latin America.

In an ambitious move to further expand its offerings and solidify its market presence, albo recently secured a $60.00M debt financing round on October 22, 2024. The investment, led by SixPoint Capital Management, highlights robust investor confidence in albo's potential to revolutionize the digital banking space.

Business keywords: Challenger Bank, Mobile Banking, Digital Banking, Financial Technology, Electronic Payment Institution, Personal Finance Management, Savings Solutions, Investment Services, User Lifestyle Adaptation, Customer Support, Payment Methods, Innovation in Banking

Services & Products

Debit Accounts
Credit Access
Corporate Accounts
Cryptocurrency Transactions

Target Customers

Individuals Small and Medium Enterprises (SMEs) Entrepreneurs Corporate Teams Cryptocurrency Users

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $60.00M 1
SixPoint Capital Management
SixPoint Capital Management
22 Oct 2024
Series C $40.00M 4
Morpheus Ventures Valar Ventures Plug and Play
Morpheus Ventures, Valar Ventures +2
27 Sep 2023
Series C Undisclosed 1
Endeavor Catalyst
Endeavor Catalyst
01 Jan 2022
Series B $45.00M 6
Valar Ventures Conny & Co Flourish Ventures
Valar Ventures, Conny & Co +4
08 Dec 2020
Series B $45.00M 6
Valar Ventures Conny & Co Flourish Ventures
Valar Ventures, Conny & Co +4
01 Nov 2020
Series A $19.00M 4
Valar Ventures Flourish Ventures Grehound Capital
Valar Ventures, Flourish Ventures +2
11 Dec 2019
Series A $7.40M 3
Omidyar Network Grehound Capital
Omidyar Network, Grehound Capital +1
14 Jan 2019
Seed Round $700.00K 4
Grehound Capital Magma Partners ArkAngeles
Grehound Capital, Magma Partners +2
30 Jan 2018
Seed Round Undisclosed 3
Rhombuz VC
Rhombuz VC, The Ark Fund +1
21 Jun 2017
Pre Seed Round $25.00K 1
G2 Momentum Capital
G2 Momentum Capital
16 May 2016

albo Alternatives & Competitors

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albo vs
Optimus Bank
Optimus Bank Nigeria

Creating a world of new opportunities for all.

301 employees
Financial Services, Mobile
albo vs
Lunar
Lunar Denmark

You deserve more power from your money

633 employees
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albo vs
Aprila Bank
Aprila Bank Norway

Bedriftslån, enkelt og greit

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Financial Services, Fintech
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FAQ About albo

¡Tu dinero, más tuyo! albo es una institución de fondos de pago electrónico autorizada y regulada en México por la CNBV.
albo was founded in 2016.
albo is headquartered in Cuauhtemoc, Mexico.
albo operates in Fintech, Mobile and Banking. Its work centres on Challenger Bank, Mobile Banking, Digital Banking and Financial Technology. Its customers include Individuals, Small and Medium Enterprises (SMEs) and Entrepreneurs.
albo has a B2C, B2B and Embedded Finance business model. Its revenue comes from Transaction Fee, Service Fee and Commission.
albo has approximately 213 employees.
albo has completed 10 funding rounds, raising a total of $217.13M. The latest funding stage is Debt Financing.
albo offers: Debit Accounts, Credit Access, Corporate Accounts, Cryptocurrency Transactions.
Top alternatives and competitors to albo include Optimus Bank, Lunar, Aprila Bank, Banxe, Kontist by Shine. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
albo and Optimus Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for albo, https://bouncewatch.com/company/albo, updated 15 March 2026. When citing, please name BounceWatch and link this page.

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