Baubap Secures MX$400 Million Credit Line from BBVA Spark

BBVA Spark and SixPoint Capital’s MX$400 million credit line for Baubap brings a hybrid banking and private credit model to Mexico’s fintech sector. The local-currency facility supports the expansion of alternative-data micro-lending to over 5.5 million unbanked users while limiting equity dilution. The transaction highlights growing collaboration between banks and private funds to structure capital…

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