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Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other Mexico-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other

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Openbank launches in Mexico

News | Online & Mobile Banking | 20 Feb 2025

Openbank, Grupo Santander’s fully digital bank, has announced its launch in Mexico with an improved suite of everyday financial products.

partnership, expansion, product launch, banking

Plata raises USD 160 million in Series A funding round

News | Payments General | 12 Mar 2025

Mexico-based fintech startup Plata has announced the rise of USD 160 million in a Series A funding round, becoming one of the region’s unicorn startups.

funding, investment, Unicorn, payments

Wise enters the Mexican market with international money transfer solutions

News | Payments General | 31 Jan 2025

Wise, a global technology company focused on cross-border money transfers, has launched its solutions in the Mexican market.

product launch, expansion, financial services, cross-border payments, remittance

BanCoppel partners with Temenos

News | Online & Mobile Banking | 06 Jul 2023

Mexico-based BanCoppel, part of Grupo Coppel, has announced a partnership with cloud banking platform Temenos to modernise its core banking services.

partnership, banking, digital banking, digitalisation, API, financial inclusion, financial institutions, sustainability , expansion, fintech, financial services

Mexico's CNBV sued over inability to publish Open Finance rules

News | Online & Mobile Banking | 11 Jul 2023

Mexico’s National Banking and Securities Commission has been sued over its inability to publish a series of pending Open Finance dispositions.

regulation, Open Finance, central bank, compliance

Citigroup acquires Deutsche Bank's Mexico license

News | Online & Mobile Banking | 25 Jul 2023

US-based Citigroup has completed its acquisition of the Deutsche Bank AH’s Mexican bank license to set up a separate institutional bank in the region.

acquisition, banking, online banking, digital banking, mobile banking, banking license

Klar obtains USD 100 million debt facility

News | Online & Mobile Banking | 17 Aug 2023

Mexico-based digital financial services platform Klar has obtained a USD 100 million debt facility to expand its credit products in the North American country.

funding, investment, credit access, debt facility, fintech

Nubank to launch personal loans in Mexico

News | Online & Mobile Banking | 06 Sep 2023

Brazil-based financial services platform Nubank has announced the launch of personal loans in Mexico, aiming to strengthen its footprint in the region.

product launch, credit access, financial services, financial inclusion, banking, fintech, payments , digitalisation

Paymentology partners with Nelo for in-person transactions in Mexico

News | Cards | 12 Sep 2023

Paymentology has teamed up with payments platform Nelo to support its Mastercard in-person payments via Billetera de Google in Mexico and the launch of physical cards.

digital wallet, MasterCard, Billetera, credit card, financial inclusion

Credolab partners with Circulo de Credito

News | Online & Mobile Banking | 18 Sep 2023

Singapore-based Credolab has partnered with Circulo de Credito to provide innovative credit, risk, and fraud scoring solutions to Mexico. 

financial inclusion, banking, fintech, financial institutions, credit scoring, credit access, machine learning

albo secures USD 40 million in Series C funding round

News | Online & Mobile Banking | 28 Sep 2023

Mexico-based neobank albo has announced the raise of USD 40 million in a Series C investment round in order to accelerate its development process.

funding, investment, mobile banking, online banking, digital banking, financial services, financial institutions

Airwallex to acquire MexPago

News | Payments General | 19 Oct 2023

Global payments and financial platform for businesses Airwallex has signed a definitive agreement to acquire Mexico-based payment service provider MexPago.

acquisition, payments , financial services, cross-border payments, cross-border ecommerce

Nubank applies for a banking licence in Mexico

News | Online & Mobile Banking | 20 Oct 2023

Nu Mexico, a Nubank subsidiary, has announced that it has applied for a banking licence with the National Banking and Securities Commission (CNBV), the local regulator. 

banking, digital banking, banking license, SMEs, regulation

Plata partners with Entersekt

News | Digital Identity, Security & Online Fraud | 23 Oct 2023

Mexico-based Plata has partnered with authentication solutions provider Entersekt to increase the security of its credit card with 3-D Secure payment authentication.

fraud prevention, fraud management, online fraud, online security, online payments

Thought Machine partners with Trafalgar

News | Payments General | 23 Nov 2023

Trafalgar has partnered with Thought Machine to build a Mexico-based fintech deployed on next-generation core technology.  

banking, SMEs, financial services, POS, digitalisation

ACI Worldwide partners with Mexipay in the Mexico payment market

News | Online Payments | 29 Nov 2023

ACI Worldwide, a global real-time payments software, has partnered with Mexipay to increase access to digital payment innovation in México.  

real-time payments, partnership, digital payments, financial inclusion, payments

Kapital raises USD 165 million in Series B and debt financing

News | Online & Mobile Banking | 15 Dec 2023

Mexico-based financial services and technology company Kapital has raised USD 165 million in a Series B funding round and a debt financing effort.

funding, investment, fintech, Venture Capital

Visa to acquire a majority interest in Prosa

News | Payments General | 18 Dec 2023

Visa has announced its agreement to acquire a majority interest in Prosa in order to accelerate the adoption of secure digital payments in the region of Mexico. 

acquisition, payments , online payments, mobile payments, digital payments, ecommerce

Banorte receives approval to launch its digital bank

News | Online & Mobile Banking | 18 Dec 2023

Mexico-based Banorte has announced that it intends to launch Banco Bineo, its digital bank product, in January 2024. 

mobile banking, digital banking, digital payments, digitalisation, online banking, online bank

Amazon Mexico partners with Kueski Pay

News | Mobile Payments | 30 Jan 2024

Amazon has partnered with Mexico-based Kueski Pay to launch Pago en Quincenas, a payment method that allows users to defer their purchases into biweekly payments.

partnership, product launch, mobile payments, mobile money, online platform