BankingBusinessFinTech

Minu Secures $30M Series B to Expand Wellness Platform in Mexico

  • Minu, a Mexican employee wellness platform, raised $30 million in a Series B round led by QED Investors, with participation from FinTech Collective, Flourish Ventures, and others.
  • The platform offers over 50 benefits, including earned wage access, savings options, healthcare consultations, financial education, and insurance services, currently serving over one million users.
  • Funds will expand Minu’s presence in Mexico and enhance its offerings in financial, physical, and mental wellness.
  • This investment brings Minu’s total funding to $47 million and positions the company to achieve profitability.
  • Minu recently partnered with Citibanamex to integrate earned wage access into the bank’s app, targeting its five million payroll clients.
Previous article
Tanner Servicios Financieros Secures $40M IFC Investment to Drive Expansion
Next article
Beacon Launches Digital Wallet for Immigrants Moving to Canada
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept...
FinTech

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...
FinTech

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...
FinTech

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...