Miranda’s Mex Fintech Monitor

Monday AM, April 10, 2023

Apr 10, 2023

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Mexico FinTech News

Femsa formalizes acquisition of SME payment aggregator NetPay

Expanding its FinTech focus, Femsa announced that it had closed the acquisition of NetPay, an SME payment aggregator. The previously announced move comes as part of its strategy to strengthen its focus on financial and digital solutions. The acquisition, which was originally announced in November of last year, will allow the conglomerate to increase its focus on SMEs. Femsa also operates the retail-banking FinTech Spin by Oxxo, which has acquired 4.3 million new users.

Axis Negocios, 04/05/2023, Staff: Femsa cierra compra de agregador de pagos para mipymes NetPay

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