Finsus Expands SME Financing Through Strategic Acquisition of Anticipa
Finsus has announced the acquisition of Mexico-based fintech Anticipa, aiming to establish the country's first neobank. The financial details of the deal have not been publicly disclosed.
Anticipa's Specialization and Alignment with Finsus
Anticipa specializes in merchant cash advances, providing debt capital to small and medium-sized enterprises (SMEs). This digital-focused product aligns with Finsus's goal of delivering innovative financial solutions to support SME growth.
New Financing Options for Small Businesses
The acquisition will enable Finsus to introduce a new financing product offering up to $150,000 MXN to SMEs, secured by their card sales. This addition complements Finsus's existing services regulated by Mexico’s National Banking and Securities Commission (CNBV).
Finsus emphasizes that card payments in Mexico reached $103 billion in 2023, with an annual double-digit growth rate. The company's strategy targets reaching unbanked populations and providing accessible loans to SMEs.
Part of a Broader Expansion Plan
This move follows Finsus's 2024...