| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Fintech |
| Total raised | ~$45M (multiple rounds, 2016–2021) |
| Collapse type | Slow Death |
| Founder | Angel Sahagún |
Albo
"Mexico's early neobank pioneer squeezed out as Nu and BBVA Digital scaled past it"
Years-long decline before final shutdown
Key Events Timeline
Albo launched as one of Mexico's first digital challenger banks in 2016, offering a prepaid card and app for the unbanked population.
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