Flourish Ventures, Mountain Nazca, Valar Ventures, and Greyhound Capital invested US$45m in Mexico-based digital bank albo.

(TechCrunch) With nearly half a million customers across Mexico already and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry.

And the company has recently raised another $45 million to consolidate its position.

Read more at TechCrunch.