Techreo set to allocate investment round for innovation, expansion and consolidation of its business in Mexico and Bolivia

In a bid to innovate, expand, and consolidate its business in both Mexico and Bolivia, Techreo, the leading platform for integrated financial services, announced the closure of a $3.4 million convertible capital investment round with institutional participants such as G2 Momentum and Creation Investments Capital Management, LLC.

As reported, the app has positioned itself as a key player in the fintech ecosystem in the region, showcasing sustainable growth over its two years of existence and offering a unique holistic proposition to its more than 440,000 users in Mexico and over 40,000 in Bolivia.

Unlike many startups, Techreo has been profitable since April 2023, only 16 months after its launch, with growing profitability and strong traction in both countries.

Notably, the tech app in Mexico offers a broad portfolio of financial products, including digital and physical debit cards, electronic transfers, bill payments, loans, investments, remittances, and financial education programs.