Acquisition
Dec 2020Fondeadora acquired Mibo, a digital wallet app, and integrated Mibo team/features into its platform.
SourceWe are connecting every single Mexican to the financial system.
Company research
Public company, workplace, funding, and market signals
Overview
Fondeadora is a Mexico-based regulated financial platform/neobank that serves individuals, freelancers/professionals, and businesses through digital accounts, debit cards, savings/yield products, and business credit. Public materials describe it as a financial platform for people, professionals, and companies, with CNBV/CONDUSEF-regulated products and a mobile-first banking experience.
Primary product
FONDEA digital banking accounts and debit cards (Personal, Profesional, and Empresarial)
Founded
2011
Headquarters
Mexico City, Mexico
Team size
50-60 employees
Industry
Financial Services
Sub-industry
Neobank / digital banking
Offices
Av. Paseo de la Reforma 342, Piso 20, Col. Juárez, Cuauhtémoc, Mexico City, Mexico
Av. Sonora 113, Mexico City, Mexico
Dover, Delaware, United States
Business model
consumer debit accounts and cards
freelancer/professional banking accounts
SME/business banking accounts
business lending / credit
payment services and interchange
subscription fees for business/professional tiers
Funding
Stage
Series B-II
Total raised
$94.3M
Latest round
Series B-II · Jul 2025
Latest amount
$5.2M
People & investors
Leadership
Co-founder and CEO
CEO - Co-founder
Chief Technology Officer
Head of Product
Head of Compliance and Regulatory / Head of Regulatory
Work & culture
Public hiring and team posts suggest a mission-driven, data-heavy, risk-conscious product culture. Messaging emphasizes ‘less hype, more impact,’ early risk detection, and continuous improvement, with distributed collaboration across countries.
Compensation
No public salary bands were found. Public recruiting posts show open roles in fraud prevention, legal/compliance, and data/analytics-heavy functions, but do not disclose compensation ranges.
Product & market
Pricing
Freemium consumer product with paid monthly business/professional plans; public business pricing shown at MXN 69/month for professionals and MXN 349/month + IVA for growth companies, with lending and yield products layered on top.
Differentiators
- —Regulated Mexican financial institution (CNBV/CONDUSEF context)
- —Three-tier product suite for personal, professional, and business users
- —Business account offers credit access from day one
- —Mobile-first banking experience with debit card and wallet support
- —Publicly positioned around financial inclusion and low-friction banking
- —Digital payment enablement such as Apple Pay / Google Pay tokenization
Technology
Dart
Flutter
React
TypeScript
GraphQL
Python
Intercom
Braze
Salesforce
Google Workspace
Microsoft Authenticator
WhatsApp
Maestro
Jumio
Smartlook
Customers
individuals
freelancers
professionals
small and medium-sized businesses
companies / SMEs
underbanked Mexican consumers
Competitors
Ualá
Kubo Financiero
Klar
Kueski
Albo
Cuenca
Konfio
AlphaCredit
Finsus
Scale & contact
Estimated revenue
Approximately $10M-$15M annual ARR (GetLatka estimated $10.7M for 2024; updated 2025-04-10)
Estimated monthly visits
93.5K
Signals & risks
Acquisition
Jan 2023CB Insights notes Fondeadora acquired Apoyo Múltiple in 2023 to form Fondeo Technologies.
SourceLatest news
CB Insights · Jul 2025
CB Insights lists Fondeadora’s latest round as a Series B-II on 2025-07-15 for $5.18M, with total raised at $94.33M and lead investors Gradient Ventures, IGNIA, and Portage.
Crowdfund Insider · Mar 2024
Crowdfund Insider reported the MeaWallet partnership and quoted Fondeadora’s mission to expand secure digital payments in Mexico.
MeaWallet · Mar 2024
MeaWallet announced its partnership with Fondeadora to support tokenization and digital wallet enablement, including Apple Pay, Google Pay, and Mastercard Digital Enablement Service integration through Paymentology.
Finextra · Mar 2023
Finextra covered Fondeadora’s Apple Pay launch in Mexico, positioning it among the first financial institutions in the country to enable the wallet.
LatamList · Dec 2020
LatamList reported Fondeadora’s acquisition of Mibo, a digital wallet app, and noted the startup intended to integrate Mibo features into its platform.
Jobs and careers at Fondeadora
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