Tech Company Financing Transactions
albo Funding Round
albo closed a $40 million Series C investment round on 9/27/2023. Investors included Morpheus Ventures, Nazca Ventures and Valar Ventures.
Transaction Overview
Company Name
Announced On
9/27/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
The fund raise marks a pivotal milestone in albo's journey. We aim to provide all the tools that individuals and businesses need to attain the financial freedom they deserve, all in one place. With this funding round, albo is on the path to profitability, demonstrating that fintech can indeed establish sustainable, long-term models. Our primary focus will always be our clients; they are the ones deserving of the finest, hassle-free financial experience.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
480 Floor 8, Roma Norte, Cuauhtémoc
Mexico City, 06700
MX
Mexico City, 06700
MX
Phone
Website
Email Address
Overview
albo is the platform where you have everything you need for your personal and business finances; debit, credit, payroll, savings, cryptocurrencies and more. albo offers you a personal debit account, a business account for your business, credit for individuals and businesses, all at no cost and with no commissions. albo's goal is to provide financial freedom for people everywhere in the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ángel Sahagún
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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