Mexico's Bankaool plans US stock market debut by 2026
Fri, May 10, 2024 5:25 PM

Mexico's Bankaool plans US stock market debut by 2026

A Flip by Shubhangi Gupta
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Mexican lender Bankaool expects to debut on the U.S. stock market by early 2026, a top executive said, as parent company Grupo OMNi looks to raise money to fund the lender's growth. Bankaool, a small lender which currently holds some 0.1% of the country's financial assets, has focused on its B2B segment but is now betting on rapid growth from consumer borrowers through a mobile application.

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