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“This is just one more step to becoming the best option to manage your money!”– Ángel Sahagún, co-founder and CEO of albo
According to Sahagún, hard work and a lot of effort were key to achieving this milestone. He declares that this investment round gives them the chance of spreading albo to every corner of Mexico, and to improve the financial lives of all of their customers.
In simple terms,
Basically, it is a digital banking platform.
Sahagún explains he wants albo’s customers to have better control of their money without the complexities and high costs of traditional banking.
This investment will allow the company to improve its operations, its product, and build new features that can improve the overall
Growing the team is also greatly important for the founder. The recently raised investment will help the startup grow the team by hiring the most capable talent, who are also committed and engaged with
“This investment will allow– albo’s press release
alboto grow more aggressively.”
Currently, the startup only provides a savings account service, but they plan to add credit products while diminishing commissions.
Digital banking is definitely a rapid growing industry.
If you want to learn more about albo, we encourage you to listen to our podcast episode featuring Ángel Sahagún.