As of May 2025, Covalto, a leading digital banking and services platform for SMEs in Mexico, raised approximately million U.S. dollars, making it the highest-funded digital banking fintech in the country. It was followed by Klar, which raised approximately million U.S. dollars. Albo, a Mexican challenger bank, ranked third, with million U.S. dollars in funding. This digital banking startup focuses on B2C pre-paid debit cards and accounts.
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CrunchBase. (May 7, 2025). Fundraising value of selected digital banking companies in Mexico as of May 2025 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 02, 2026, from /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/
CrunchBase. "Fundraising value of selected digital banking companies in Mexico as of May 2025 (in million U.S. dollars)." Chart. May 7, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 02, 2026. /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/
CrunchBase. (2025). Fundraising value of selected digital banking companies in Mexico as of May 2025 (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 02, 2026. /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/
CrunchBase. "Fundraising Value of Selected Digital Banking Companies in Mexico as of May 2025 (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 May 2025, /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/
CrunchBase, Fundraising value of selected digital banking companies in Mexico as of May 2025 (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/ (last visited August 02, 2026)
Fundraising value of selected digital banking companies in Mexico as of May 2025 (in million U.S. dollars) [Graph], CrunchBase, May 7, 2025. [Online]. Available: /statistics/1052654/mexico-fundraising-amount-digital-banking-fintech-companies/