What albo does

albo is a Mexican fintech founded in 2016 and headquartered in the Roma Norte district of Mexico City, operating as Inteligencia en Finanzas, S.A.P.I. de C.V. Since 2022 it has been authorized by the Comision Nacional Bancaria y de Valores (CNBV) and supervised by Banco de Mexico as an Institucion de Fondos de Pago Electronico (IFPE), enabling it to issue electronic money, participate directly in SPEI, and offer Mastercard-licensed debit cards under a regulated framework.

The company runs two core products on a single mobile-first platform: albo personal, a free digital debit account targeting Mexican adults seeking a low-cost alternative to traditional banks, and albo empresa, a business banking platform for SMBs supporting payroll dispersion (up to 3,000 simultaneous operations), employee card issuance, and business credit. Account opening is fully digital (~5 minutes) with selfie-based biometric KYC, and the app integrates partner services for personal credit (abea), cryptocurrency (albit), business financing (delt.ai), international transfers (Palla), and cash deposits across 10,000+ retail partner locations via dapp and PESPay networks.

Monetization is driven primarily by interchange on Mastercard debit transactions, SPEI transfer fees applied after 31 free monthly transfers ($10 MXN + IVA per transfer), card issuance/replacement and inactivity fees, and referral/affiliate revenue from in-app partner services. The company distributes exclusively through digital channels (iOS, Android, Huawei app stores plus QR-code web onboarding), relies on organic social media and the #alboLovers community for acquisition, and reports app-store ratings of 4.6-4.7 stars. No revenue, headcount, user count, or funding-round figures are publicly disclosed in the available data.

Name

albo

Legal name

Inteligencia en Finanzas, S.A.P.I. de C.V., Institución de Fondos de Pago Electrónico

Website

https://albo.com

Company type

Private

Founded year

2016

Operating status

Operating

Short description

albo is a Mexican fintech operating as a CNBV-regulated IFPE, offering free digital personal and SMB banking via a mobile app with Mastercard debit cards, SPEI transfers, and embedded partner services for credit, crypto, and business financing.

Ownership category

akta.pro rank

Product category

Digital Banking

NAICS

Depository Credit Intermediation (5221), Credit Card Issuing (522210), Commercial Banking (52211)

SIC

Finance Services (6199), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• Digital banking platform
• Electronic payment institution
• Mobile banking app
• SME financial services
• Personal debit cards

Headquarters

HQ city

Ciudad de México

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Interchange Fees: albo earns interchange fees on every transaction made with its physical and virtual Mastercard debit cards, including purchases at merchants and ATM withdrawals.
2. SPEI Transfer Fees: Fees charged for SPEI transfers — $10 MXN + IVA applied starting from the 32nd transfer per month. Transfers between albo users are free. This creates a volume-based revenue stream from power users.
3. Card-Related Fees: Fees for additional card issuance ($200 MXN + IVA per card), card replacement due to theft or loss ($200 MXN + IVA), and account inactivity after 3 months ($50 MXN + IVA monthly).
4. Cash Deposit Commission Sharing: albo enables cash deposits at partner retail chains (7-Eleven, Walmart, Bodega Aurrera, etc.) through dapp and PESPay networks. While the commercial establishments set and retain the deposit commission, albo benefits from expanded funding channels that drive user engagement and card usage.
5. Partnership-Based Financial Products: Through commercial partners abea (credit), albit (cryptocurrency), delt.ai (business credit), and others, albo earns referral and commercial arrangement fees when users engage with partner services from within the albo platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

albo operates a CNBV-regulated Electronic Payment Funds Institution (IFPE) offering fully digital personal bank accounts (albo personal) with free Mastercard debit cards, SPEI interbank transfers, bill payments, cash deposits at over 10,000 retail partner locations, and biometric-secured onboarding in approximately 5 minutes. It also provides a dedicated business platform (albo empresa) supporting payroll dispersion for up to 3,000 simultaneous payments, free employee cards, and 24/7 SPEI operations without token-based 2FA, all accessible through iOS, Android, and Huawei mobile apps plus a web onboarding portal.

Product overview

albo is a Mexican fintech that operates as a regulated Electronic Payment Funds Institution (IFPE) authorized by CNBV. The company offers two core products: albo personal (a digital bank account with debit Mastercard card) and albo empresa (a business financial platform). The personal account enables free account opening, SPEI transfers, bill payments, cash deposits via dapp/PESPay networks, and includes partner services for credit (abea), cryptocurrency (albit), and travel insurance. The business platform supports payroll dispersion, bulk payments (up to 3,000 simultaneous), employee cards, and business credit (delt.ai). A multi-tiered rewards program (Programa de Recompensas) incentivizes usage with cashback and free services. Additional integrations include travel booking (Turismocity), eSIM services (Yendos), language learning (Poliglota), and tax declarations (Heru). All services are accessible through a single mobile app with 24/7 availability.

Differentiator

Problem solved

Functional benefit

Brands

• albo personal: Digital personal account with debit card, credit access, and financial management tools for everyday use.
• albo empresa
• Espacios

Products and services

• albo personal

Quantifiable outcome

• Account opening in 5 minutes from mobile device
• +4 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature4 records

Partnerships

19 partnerships are on record, tiered core and minor.

• abea (Aureo Lab, S.A. de C.V.)coreGTM or Marketing Partnerabea is a commercial partner providing personal credit services accessible from within the albo app. albo redirects users to abea's platform for credit applications, where abea conducts creditworthiness assessments and originates simple credit loans. abea is an unregulated entity independent from albo, subject only to anti-money laundering obligations. albo earns referral and commercial arrangement fees from this partnership, and users can access credit without leaving the albo ecosystem.
• albit (Indigo DeFi, S.A. de C.V.)coreGTM or Marketing Partneralbit is a cryptocurrency platform enabling albo users to buy, sell, transfer, and store cryptocurrency assets directly from within the albo app. The service includes crypto sending/receiving, conversion, and address/QR sharing. albit is an unregulated entity; its services are not guaranteed by any financial authority. albo integrates albit as a co-branded 'puerta de entrada a cripto' (gateway to crypto) offering to expand its financial services ecosystem.
• delt.aicoreGTM or Marketing Partnerdelt.ai is a commercial partner providing business financing and credit solutions to albo empresa users. Through this partnership, small and medium business customers of albo empresa can access enterprise credit to fund their operations, growth, and working capital needs — all accessible from within the albo empresa platform.
• Palla Financial Inc.minorGTM or Marketing PartnerPalla Financial Inc. operates the 'Link Internacional' service enabling albo users to receive international money transfers. In the 'Recibe y gana con albo y Palla' promotion, users who receive at least 3 international transfers totaling USD $450 or more through Palla's Link Internacional during a specified period can receive a $20 USD incentive deposited into their albo account. This partnership expands albo's cross-border remittance capabilities.
• CoderHouse (Academia CoderHouse S.A. de C.V.)minorGTM or Marketing PartnerCoderHouse is an online education platform partner offering technology and coding courses. albo customers receive an exclusive 20% discount on CoderHouse courses and careers via a coupon code distributed through the albo app. This partnership provides educational benefits to the albo user base, reinforcing albo's positioning as a financial platform that supports users' overall growth.
• HeruminorGTM or Marketing PartnerHeru is a tax services platform partner offering monthly tax declaration services at a discounted rate for albo customers. The partnership provides an exclusive subscription price of $99 MXN per month for Heru's tax declaration service, promoted through the albo app and benefits page.
• U Health (Grupo Consultor y Asesor CYSE, S.A. de C.V.)minorGTM or Marketing PartnerU Health is an insurance partner offering life, funeral, and health insurance products accessible from within the albo app. The 'Mes gratis de protección con albo y U Health' promotion offers albo customers their second month of selected insurance coverage free of charge when they sign up during the promotional period.
• MastercardcoreTechnology or IntegrationMastercard is the card network partner providing the brand license and payment infrastructure for albo's physical and virtual debit cards. All albo cards operate under the MasterCard International license. This partnership is fundamental to albo's product offering, enabling card acceptance at millions of merchants globally and ATM access worldwide.
• dapp (Red de pagos de efectivo)coreChannel Partner/ Reseller/ Distributordapp is a cash deposit network enabling albo users to add cash to their accounts at participating retail locations. Users generate a barcode in the albo app and pay cash at the merchant checkout. The dapp network is a key channel partner that extends albo's physical funding infrastructure across Mexico.
• PESPaycoreChannel Partner/ Reseller/ DistributorPESPay is a cash deposit network partner (similar to dapp) enabling albo users to deposit cash into their accounts at affiliated retail stores. As with dapp, users present a payment reference barcode from the albo app and pay cash plus a small store commission.
• CinépolisminorGTM or Marketing PartnerCinépolis is a commercial partner offering 2x1 movie ticket promotions to albo cardholders. The benefit is available through Mastercard's consumer benefits program and provides albo users with discounted entertainment spending when paying with their albo Mastercard debit card.
• Pax AssistanceminorGTM or Marketing PartnerPax Assistance is a travel insurance partner offering albo users an exclusive 45% discount on travel insurance coverage. Promoted on the albo benefits page, this partnership provides an additional financial protection product to users who travel internationally.
• TurismocityminorGTM or Marketing PartnerTurismocity is a travel comparison platform partner allowing albo users to compare flights and hotel prices directly from within the albo app. This partnership positions albo as an all-in-one financial and lifestyle platform by integrating travel booking capabilities.
• yendos (eSIM)minorGTM or Marketing Partneryendos is an international eSIM data service partner enabling albo users to access affordable international mobile data for their travels. Promoted as 'the best international eSIM service,' this partnership adds another travel-related financial product to albo's ecosystem.
• PoliglotaminorGTM or Marketing PartnerPoliglota is an English language learning platform offering albo users access to the 'Poliglota Method' — real conversation practice with expert coaches, AI-assisted learning, and cultural experiences — starting from $289 MXN. This partnership adds educational value to the albo ecosystem.
• 50 Friends Pizza, Pasta, Wine & BarminorGTM or Marketing Partner50 Friends is a restaurant partner participating in albo's cashback/bonification rewards program. Users who pay with their albo Mastercard card at 50 Friends receive a 10% cashback reward deposited into their account.
• Súper Naturista (For all folks)minorGTM or Marketing PartnerSúper Naturista is a health and wellness retailer partner in albo's bonification rewards program. albo users who pay with their albo Mastercard card at Súper Naturista receive a 10% cashback bonus, incentivizing healthy lifestyle spending through the platform.
• Lorena Montiel OrtodonciaminorGTM or Marketing PartnerLorena Montiel Ortodoncia is a dental/orthodontics partner in albo's bonification rewards program, offering 10% cashback to albo cardholders who pay for orthodontic services.
• Steren, Bou, Emma, Minor Hotels, Diri Móvil (and 60+ additional merchants)minorGTM or Marketing PartnerA broad catalog of over 60 commercial partners across diverse categories (electronics, fashion, hospitality, mobile services, and more) participate in albo's rewards and bonification program, providing cashback and discounts to albo cardholders. The full partner catalog is accessible via albo.directory.reworth.app.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hey Banco: Mexican digital bank spun out of Banregio offering mobile-first accounts, debit cards, and SPEI transfers. Directly comparable on product, target consumer, and zero/minimum-fee positioning in the same Mexican market.
• Klar: Mexican neobank offering zero-fee digital accounts, debit cards, and SPEI transfers to consumers and SMBs. Directly comparable to albo's core personal+business proposition within the same Mexican regulatory and competitive landscape.
• Spin by BBVA México: BBVA's standalone digital account in Mexico offering no-fee debit cards, SPEI transfers, and rewards with a fully mobile onboarding flow. Directly comparable on target segment and product, with the advantage of incumbent backing.
• Nu México (Nubank): Brazilian neobank with growing Mexico operations offering free digital accounts, debit/credit cards, and personal loans via a mobile-first app. Directly comparable on product, target customer, and value proposition within the same market.
• Ualá: LATAM neobank with a Mexico presence offering prepaid Mastercard, digital accounts, and consumer credit. Comparable as a mobile-first neobank serving similar consumers with similar card-based products and partner integrations.

Broad incumbents

• Mercado Pago: LATAM digital wallet, payments, and credit platform integrated with MercadoLibre's e-commerce ecosystem. Comparable as a high-scale digital account/wallet with payments, transfers, and credit across Mexico, but broader portfolio than albo.
• BBVA México: One of Mexico's largest traditional banks with a comprehensive retail and SMB banking franchise, including its own SPEI-based digital channels. Comparable as the dominant incumbent against which albo competes for retail and SMB deposits, but with a broader product set including full lending and wealth management.
• Banorte: Major Mexican commercial bank with deep retail and SMB coverage, full depository services, and accelerating digital investments. Comparable incumbent competing for the same digital account and SMB wallet share that albo targets, but with full-balance-sheet deposit and lending products.

Emerging players

• RappiPay: Mexican digital wallet and card product from the Rappi super-app, offering debit cards, transfers, and consumer payments. Comparable on mobile-first digital payments targeting Mexican consumers, with overlap on debit card issuing and SPEI-style transfers.
• Stori: Mexican fintech issuing Mastercard credit cards to underserved consumers via a mobile app with no credit history required. Comparable on serving underbanked Mexican consumers via Mastercard, with partial overlap on the credit/access themes albo addresses through abea.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/albomx
• YouTubeyoutube.com/channel/UCBG0r1P06VUp8XrbN_OPNpA
• Facebookfacebook.com/AlboApp
• LinkedInlinkedin.com/company/albomx
• Instagraminstagram.com/albomx

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about albo