Aplazo, a Mexican Buy Now, Pay Later (BNPL) fintech platform, has secured $70 million in additional equity financing, with a $45 million Series B round led by QED Investors and participation from new and existing investors. This funding follows Aplazo’s significant revenue growth and near-breakeven operations, positioning it as a leader in Mexico’s BNPL market, particularly in offline retail, where it is the primary credit source for many users. The new capital will support product innovation, including A.I. capabilities, and global expansion to enhance consumer and merchant experiences.
Mexico-based Commerce and BNPL Fintech Platform Aplazo Secures $70 Million in Equity Funding
