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albo - About the company

albo is a series C company based in Cuauhtemoc (Mexico), founded in 2016 by Angel Sahagun Fernandez. It operates as an Internet first bank offering retail and business banking. albo has raised $111M in funding from investors like Valar Ventures, Nazca and Morpheus Ventures. The company has 2494 active competitors, including 207 funded and 119 that have exited. Its top competitors include companies like Nubank, Monzo and Chime.

Company Details

Internet first bank offering retail and business banking. It offers financial services like personal accounts, business accounts, debit cards, payments, credit cards, loans, and more. It also offers solutions for buying and selling cryptocurrency. Its app is available for Android and iOS users.
Website
albo.com
Social
XFacebook
Email ID
*****@albo.mx
Phone Number
+52 **********
Key Metrics
Founded Year
2016
Location
Cuauhtemoc, Mexico
Stage
Series C
Total Funding
$111M in 6 rounds
Ranked
Employee Count
209 as on May 31, 2026
Investment & Acquisitions
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albo's funding and investors

albo has raised a total funding of $111M over 6 rounds. Its first funding round was on Dec 12, 2018. Its latest funding round was a Conventional Debt round on Oct 22, 2024 for $*****. 1 investor participated in its latest round. albo has 18 institutional investors.

Here is the list of recent funding rounds of albo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 22, 2024
7723750
Conventional Debt
3858773
8841156
7504755
7146953
Sep 28, 2023
8614887
Series C
6422804
5960389
4592534
Dec 08, 2020
9820266
Series B
3297387
8047436
3766533
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albo's founders and board of directors

Founder? Claim Profile
The founders of albo is Angel Sahagun Fernandez. Angel Sahagun Fernandez is the CEO of albo.
Here are the details of albo's key team members:

albo's employee count trend

albo has 209 employees as of May 26. Here is albo's employee count trend over the years:
Employee count trend for albo
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albo's Competitors and alternates

Top competitors of albo include Nubank, Monzo and Chime. Here is the list of Top 10 competitors of albo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nubank
Nubank
2013, Sao Paulo (Brazil), Public
Provider of digital banking services, including credit cards and accounts
$2.27B
89/100
2nd
Logo for Monzo
Monzo
2015, United Kingdom, Series I
Provider of digital banking services including accounts savings and credit
$2.41B
84/100
3rd
Logo for Chime
Chime
2012, San Francisco (United States), Public
Digital bank for individuals
$3.15B
83/100
4th
Logo for Mercury
Mercury
2017, San Francisco (United States), Series D
Provider of a comprehensive online platform offering a range of financial services
$546M
83/100
5th
Logo for Starling Bank
Starling Bank
2014, London (United Kingdom), Series D
Provider of digital banking services including personal and business accounts
$1.01B
83/100
6th
Logo for Revolut
Revolut
2015, London (United Kingdom), Series E
Provider of banking solutions for retail customers and businesses
$1.99B
82/100
7th
Logo for Qonto
Qonto
2017, Paris (France), Series D
Provider of business account, payment cards, and financial management solutions
$717M
82/100
8th
Logo for Ally
Ally
1919, Detroit (United States), Public
Provider of banking, auto finance, investing, and life insurance products
$1.3B
81/100
9th
Logo for Dave
Dave
2016, Los Angeles (United States), Public
Developer of a mobile banking application offering financial management tools
$63.6M
81/100
10th
Logo for BlueVine
BlueVine
2013, Redwood City (United States), Series F
Provider of business checking accounts, business loans, and business credit cards
$288M
80/100
81st
Logo for albo
albo
2016, Cuauhtemoc (Mexico), Series C
Internet first bank offering retail and business banking
$111M
62/100
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albo's Investments and acquisitions

albo has acquired Delt Ai. albo has not made any investments as of now.

Reports related to albo

Here is the latest report on albo's sector:

News related to albo

•
Albo’s $150m EV subsidyBusiness News•Dec 19, 2024•albo
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FAQs about albo

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