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  5. Albo Acquires delt.ai

M&A Deal Summary

Albo Acquires delt.ai

On August 4, 2023, Albo acquired internet software and services company delt.ai for 20M USD

Acquisition Highlights
  • This is Albo’s 1st transaction in the Internet Software and Services sector.
  • This is Albo’s largest (disclosed) transaction.
  • This is Albo’s 1st transaction in Mexico.

M&A Deal Summary
Date 2023-08-04
Target delt.ai
Sector Internet Software and Services
Buyer(s) Albo
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

delt.ai

Mexico, Mexico
delt.ai is a Y-Combinator fintech company with experience in the Mexican market, specializing in financial services and management tools for SMBs. Its product portfolio includes business loans, credit cards, and a financial platform for SMBs. delt.ai was founded in 2019 and is based in Mexico City.

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Buyer(S) 1

Buyer

Albo

Mexico, Mexico
Category Company
Sector Internet Software and Services
DESCRIPTION

Albo offers a platform for personal and business finances, debit, credit, payroll, savings, cryptocurrencies and more. Albo is based in Mexico City.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2023 M&A 1 of 1
Size (of disclosed) 1 of 1
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