COMPANY PROFILE

Albo

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Digital bank in Mexico

Mexico City, MexicoFounded 2016Fintech

Valuation $100–250M Last recorded · 2023

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Albo

Albo is a Mexican fintech company that provides a digital account and a prepaid Mastercard for individuals and businesses to manage their finances.

The company offers a mobile application that allows users to make transactions, pay for services, and track their expenses. Albo's business model is based on charging fees for certain transactions and services, such as cash withdrawals and international transfers.

The company targets the unbanked and underbanked population in Mexico, which represents a significant market opportunity. Albo has also expanded its services to include business accounts, offering solutions for payroll, expense management, and corporate cards.

In 2023, Albo acquired delt.ai, a fintech company specializing in financial services and management tools for small and medium-sized businesses (SMBs), further strengthening its position in the business segment.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2016
Headquarters: Mexico City, Mexico
Employees: 212
Open positions: None listed
Dealroom signal: 80.2/100
Industry: Fintech
Sub-industry: Banking
Sector: Fintech, Challenger Bank
Technology: Mobile app
Client focus: b2c
Links: Website LinkedIn X

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Funding history

9 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBTDebt	Oct 2024	$60M	—	Undisclosed	↗
SERIES COther financing	Sep 2023	$40M	$225M	Valar Ventures · Morpheus Ventures · Nazca Ventures	↗

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Growth signals

Albo website traffic

Latest recorded traffic for Albo is 11K monthly website visits, down 85.7% over the last three months. Albo's team grew 2.4% over the past year.

Latest monthly visits11K 3-month web change-85.7% 1-year team growth+2.4%

Monthly website visitsMar 2016–Jul 2026

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