Mexico

Expalux 3rd Quarterly Research

The New Year approaches and Expalux would like to present a gift to everyone, who is interested in international Fintech publishing our 3rd Quarterly Research! We hope everyone will be enjoying reading about Brazil, Peru, Chile, Argentina, Colombia, El Salvador, Mexico, Tanzania, Ethiopia, South Africa, Ghana, Kenya, Nigeria. EXPALUX 3th QUARTERLY RESEARCH

Mexico Fintech ecosystem and regulation

Fintech in Mexico has grown exponentially in the last years, which has led it to position itself as the second country with the highest number of Fintech, only behind Brazil. One of the main Fintech sectors in Mexico is the one of lending with 25 percent of all the industry, along with the payment sector.

Expalux 2nd Quarterly Research

Today we publish our 2nd quarterly research. We hope everyone will be enjoying reading about Brazil, Mexico, Chile, Costa Rica, Venezuela, El Salvador, Cameroon, Ethiopia, India, China, Israel, Bangladesh and Lebanon. In the research the readers can find a short overview on the Fintech field in those markets. EXPALUX 2nd QUARTERLY RESEARCH

The Mexico-based fintech that decided to buy a bank

In the six years since launching Credijusto, a Mexican fintech lending to small businesses, David Poritz and Allan Apoj delivered more than 250 per cent annual revenue growth and managed to turn Covid-19 into an opportunity.   Market concentration has left a funding gap for SMEs amounting to more than $160bn, according to the World

Mexico Fintech ecosystem

With a GDP of 1,076 USD billion, Mexico is the second biggest economy in Latin America and one of the biggest in the world (World Bank, 2021). All this even after a collapse of 8.5% of its GDP in 2020 caused by the Covid-19 Pandemic (El País, 2021). Also, in 2021, the recovery of the