Citi

Citigroup is a global financial services holding company that offers a wide range of financial products and services through two primary segments: Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment provides traditional banking services to retail customers, including retail and commercial banking, as well as Citi-branded cards and retail services. The ICG segment caters to corporate, institutional, public sector, and high-net-worth clients, offering services such as corporate lending, investment banking, advisory services, and various wholesale banking products. With a commitment to sustainability and social responsibility, Citigroup invests in initiatives that foster economic progress. The company has a global presence, with offices in major financial centers worldwide, enabling it to support clients through innovative solutions and expertise.

Krishna Balachanader

Managing Director

Karine Ben-Simhon

VP Intelligence Partnerships and Innovation

Matt Carbonara

Managing Director

Kateryna Chupryna

Director

Robert Li

Vice President, Citi Ventures

Blaze O'Byrne

Vice President, Venture Investing

Arvind Purushotham

Founder&Managing Director and Global Head

Cece Stewart

President

Kate Sullivan

COO

Avery Tiras

Equity Research Senior Associate

Luis Valdich

Managing Director, Venture Investing

Past deals in Mexico

Belvo

Venture Round in 2025
Belvo is an open finance API platform based in Mexico City, founded in 2019. The platform allows users to connect their financial accounts to applications, facilitating access to and interpretation of financial data from end-users. By enabling businesses to understand user behavior and manage financial transactions, Belvo supports financial innovators in creating efficient solutions and generating new revenue streams. The platform is designed to provide a scalable way for developers to integrate financial information, enhancing the overall user experience in the financial services sector.

Merama

Debt Financing in 2025
Merama is an e-commerce platform that partners and exponentiates the growth of each brand they work with. The platform helps fuel their business with outstanding human resources and non-dilutive capital. Its mission is to be the best and largest online group of brands in Latin America. Merama was founded in 2020 and is headquartered in Mexico City, Mexico.

BlaBlaCar

Debt Financing in 2024
BlaBlaCar is a leading long-distance carpooling platform that connects drivers with available seats to passengers seeking rides. By facilitating shared journeys, it enables users to save on travel costs while also reducing their carbon footprint. The platform emphasizes security and trust, featuring verified member profiles and the unique ability for users to indicate their preferred level of conversation during rides. Operating in 22 countries, including nations across Europe, Russia, Turkey, Mexico, Brazil, and India, BlaBlaCar fosters a global network of drivers and passengers. The company is headquartered in Paris and offers both a website and mobile applications to streamline the connection process between users.

PayJoy

Series C in 2023
PayJoy Inc. is a consumer financing provider based in San Francisco, California, established in 2015. The company specializes in offering smartphone-enabled financing solutions aimed at individuals in emerging markets. Customers can select a smartphone, make a deposit, and choose a flexible payment plan that suits their needs. PayJoy's innovative mobile security technology allows smartphones to serve as collateral, facilitating access to credit for first-time buyers and further financial assistance for unexpected expenses. With a focus on the underbanked population, PayJoy has successfully reached over 10 million customers across various countries, including Mexico, Brazil, Colombia, Ecuador, Panama, Peru, and South Africa. The company has achieved profitability and continues to grow, reinforcing its mission to provide credit access to underserved communities.

PayJoy

Debt Financing in 2023
PayJoy Inc. is a consumer financing provider based in San Francisco, California, established in 2015. The company specializes in offering smartphone-enabled financing solutions aimed at individuals in emerging markets. Customers can select a smartphone, make a deposit, and choose a flexible payment plan that suits their needs. PayJoy's innovative mobile security technology allows smartphones to serve as collateral, facilitating access to credit for first-time buyers and further financial assistance for unexpected expenses. With a focus on the underbanked population, PayJoy has successfully reached over 10 million customers across various countries, including Mexico, Brazil, Colombia, Ecuador, Panama, Peru, and South Africa. The company has achieved profitability and continues to grow, reinforcing its mission to provide credit access to underserved communities.

Belvo

Venture Round in 2022
Belvo is an open finance API platform based in Mexico City, founded in 2019. The platform allows users to connect their financial accounts to applications, facilitating access to and interpretation of financial data from end-users. By enabling businesses to understand user behavior and manage financial transactions, Belvo supports financial innovators in creating efficient solutions and generating new revenue streams. The platform is designed to provide a scalable way for developers to integrate financial information, enhancing the overall user experience in the financial services sector.

Konfio

Debt Financing in 2022
Konfio is a financial services platform based in Mexico City that focuses on providing online financial solutions for small and medium-sized enterprises (SMEs) and micro-entrepreneurs. Founded in 2013, the company offers a range of products including fixed-rate loans, working capital loans, corporate credit cards, and payment solutions, as well as life insurance and personal debt transfer services. Konfio utilizes a proprietary algorithm that leverages data and technology to assess creditworthiness, enabling access to credit for clients who have been underserved by traditional banking. By offering competitive rates and convenient services, Konfio aims to enhance the growth and productivity of SMEs in Mexico.

Citibanamex

Acquisition in 2001
Citibanamex, founded in 1884 and headquartered in Mexico City, is a commercial bank that offers a range of financial products and services to both individuals and businesses. Its offerings include credit cards, mortgage loans, personal loans, and various financing solutions such as debt, loans, financial leasing, and revolving credit. In addition to personal banking, Citibanamex provides corporate banking services, catering to the needs of businesses in Mexico and the United States. The bank also facilitates currency exchange, further enhancing its comprehensive financial service portfolio.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.