Airwallex Expands in Latin America with MEX Pargo Acquisition

The hosts discuss Airwallex's recent acquisition of MEX Pargo, a payment service provider based in Mexico, and highlight the company's aim to become the leading platform for international payments. They explore the advantages of acquisition, Mexico's potential as a fintech hub, and the economic force of the country. The chapter also emphasizes the importance of cross-border payments in Mexico's e-commerce ecosystem and discusses the challenges faced by banks in expanding internationally.

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