AlphaCredit’s latest SoftBank-led equity round worth over US$100 million is a done deal

Mexico’s AlphaCredit, a fintech catering to underserved demographics, has officially closed an investment led by SoftBank.

The Series B round was announced in earlier this year, but has just been confirmed after the pair got the go-ahead from Mexico’s anti-trust body, Cofece. (Unlike SoftBank’s last run-in with the Mexican institution, resulting in a wrist-slap worth a few hundred thousand dollars.)