Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A
A number of the startups raising capital in Mexico are concentrated on financial inclusion, intending to level the playing field in a nation that is mostly unbanked and has a blossoming middle class. One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $14 million in a Series A round of […] Minu intends to fix the worker liquidity space in between paychecks in an effort to help individuals see decreased monetary tension and avoid pricey loans. Today, minu has over 100 big business clients including TotalPlay, Telefonica, Scotiabank, OfficeMax, Rappi, Adecco, Workforce, Cap Gemini, and public sector customers such as the Electoral Institute of the State of Mexico. Looking ahead, minu states it will use its fresh capital to improve its headcount of 60 as well as broadening its offering to consist of monetary education, cost savings, clever invest and insurance items. Fintechs in Mexico have been busy. …
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