Ángel Sahagún, Albo: Bringing Financial Inclusion to Mexico’s Underbanked , Ep 109

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24 min

Business & Finance

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Ángel Sahagún, Albo: Bringing Financial Inclusion to Mexico’s Underbanked , Ep 109 Originally from Campeche, Yucatan, Ángel Sahagún has been obsessed with fintech for the past ten years. From an early age, he realized that there was limited access to financial products for a large portion of the Mexican population. Since then, he has made it his mission to improve the country’s financial system. Ángel founded Albo in 2016 to help Mexicans optimize the way they manage their money. Today, Albo is Mexico’s leading neobank and allows users to get a full-fledged bank account in just 5 minutes. I sat down with Ángel to talk about why Albo is a game-changer in Mexico’s banking industry, how he became obsessed with fintech from a young age, and what his first steps in finance looked like. Ángel also explains how he approaches fundraising and gives advice to other entrepreneurs looking to raise money locally and globally as he did with Albo. It’s been a pleasure to get to know Angel while supporting him via Magma’s investment in 2018. <h3>A tech-savvy population lacking the right tools</h3> Ángel explains that less than 50% of the Mexican population has a bank account, yet 90% own a smartphone. Two of the mains drivers of this disparity are a lack of trust in the traditional banking system and expensive maintenance fees. This gap creates a huge opportunity for fintech solutions to help promote financial inclusion in Mexico. Find out how Albo is helping the underserved segments of Mexico’s population have access to a better financi

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Ángel Sahagún, Albo: Bringing Financial Inclusion to Mexico’s Underbanked , Ep 109

فتبينوا ♥️🫀

24:13