Ep. 83: it's raining debt - Merama, mattilda, and Fintoc get fresh capital injection
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Welcome to Scenius Mexico: Your weekly newsletter on technology, innovation, and startups in Mexico. Let’s dive in! Follow The Money Merama US$ 80 million credit line E-commerce Mexican unicorn Merama received a new US$80 million credit line from JP Morgan. The new capital will be used to embrace an omnichannel strategy, both online and physical, to adapt to evolving consumer behaviors. Merama's business units include wellness, beauty, home, babies, and sports. As of the end of 2023, Merama reported over US$ 600 million in sales across its brands and strong organic growth (per Forbes report), positioning it well to navigate the current e-commerce landscape in Mexico and capitalize on new market opportunities.
Ep. 83: it's raining debt - Merama, mattilda, and Fintoc get fresh capital injection
Ep. 83: it's raining debt - Merama, mattilda…
Ep. 83: it's raining debt - Merama, mattilda, and Fintoc get fresh capital injection
Welcome to Scenius Mexico: Your weekly newsletter on technology, innovation, and startups in Mexico. Let’s dive in! Follow The Money Merama US$ 80 million credit line E-commerce Mexican unicorn Merama received a new US$80 million credit line from JP Morgan. The new capital will be used to embrace an omnichannel strategy, both online and physical, to adapt to evolving consumer behaviors. Merama's business units include wellness, beauty, home, babies, and sports. As of the end of 2023, Merama reported over US$ 600 million in sales across its brands and strong organic growth (per Forbes report), positioning it well to navigate the current e-commerce landscape in Mexico and capitalize on new market opportunities.