With six years of existence, it has operated two million accounts and recorded transactions of 85 billion pesos. This is Albo, a Mexican financial technology company obsessed with ensuring that everyone has better personal finances and has a bank account. “We have accounts in all the municipalities in the country”, asserted the president and general director, Sahagun Angel.

It fintech it is regulated by the National Banking and Securities Commission, the Ministry of Finance and the Bank of Mexico; its operations are one hundred percent digital and do not charge any commission for any storage, transfer, payment to suppliers or workers, public services or entertainment operations. “Most of our clients are between the ages of 25 and 40; for many it is their first banking experience”.

Albo invests 70 million dollars in technology infrastructure. You can visit their website or download an app to open a debit account in five minutes and get started, even for small and medium-sized companies. Later, the physical card will be sent to the agreed address; all transactions are safe, protected from fraud and cloning.

Sahagun He highlighted that it takes legal age to get a digital card, although options for younger people are being explored. “Companies often use the platform to pay the wages of their workers and suppliers; we already have more than three thousand businesses and we will do more.”

And if we talk about leveraging technology, michelle kennedy very excited to launch the Peanut app in Mexico, which connects women; launches in the US and UK were successful, because in these communities women were able to “feel not alone.”

Michelle He is a veteran of the dating app world, was vice general manager of Badoo and was on the Bumble board of directors. According to their analysis, one in 10 Mexican women suffer from postpartum depression, 10 percent of couples have fertility problems, and one percent of the population of women under the age of 40 suffer from premature menopause. “Peanut allows women to have access to a community that is ready to listen, share information and give advice.”

live together

Starting yesterday and until next November 8th, a public offering to buy shares of Grupo Aeroméxico will take effect, which is part of its strategy for delisting from the Mexican Stock Exchange… The Mexican Institute of Industrial Property provides a second declaration of “Famous Brand” to Oxxo. “We are very proud to receive the recognition that makes us committed to continue to innovate to meet our goal of simplifying your life and so you can enjoy your day more,” he commented. Charles ArenasMexican company CEO.

J. Jesus Rangel M.

jesus.rangel@milenio.com