Binance Invests $53 Million in Mexican Fintech Expansion

Binance has pledged a significant investment of over one billion pesos ($53 million) to expand its fintech services within Mexico. This initiative, led by Medá, will focus on providing accessible and affordable digital financial solutions to the country’s vast population of over 125 million people. Medá aims to compete directly with other peso-focused platforms in the region while contributing to a more efficient and cost-effective user experience.