- Rappi, a Latin American tech firm, is discontinuing its virtual savings account service, RappiCuenta, in Mexico.
- Customers in Mexico received an email notifying them of the permanent closure on February 11, 2024, and were instructed to withdraw all funds by that date.
- Rappi emphasizes the decision to cease RappiCuenta in Mexico is to focus on innovation and providing better products.
- Despite the discontinuation of RappiCuenta, Rappi’s credit card service, RappiCard, will continue to operate in Mexico without changes.
- Rappi currently has a presence in nine countries in Latin America and Spain, offering a variety of services to over 30 million monthly active users.
- There are no reported plans to discontinue RappiCuenta in other countries at the moment.
