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Banco Mercantil del Norte, known as Banorte, is a prominent Mexican financial group offering a comprehensive suite of banking and financial services. Its core operations encompass commercial banking, pensions, insurance, and brokerage. As an authorized institution, Banorte handles all banking and loan transactions, addressing diverse financial requirements across its market.
The institution's foundation dates to July 27, 1899, with the original concession for Banco Regional del Norte. The current Banco Mercantil del Norte formed in 1986, merging with Banco Mercantil de Monterrey. Roberto Garza Sada, alongside local businessmen, founded Banco Mercantil de Monterrey, aspiring to be a strong regional financial provider.
Banorte serves a broad customer base, including individual consumers and businesses of all sizes throughout Mexico. The group delivers accessible financial solutions that promote economic stability and growth for its clientele. Its strategic vision aims to maintain sector leadership by continually evolving its offerings and expanding its market reach.
Key people at Banco Mercantil del Norte.
Key people at Banco Mercantil del Norte.
Banco Mercantil del Norte has 1 tracked investment across 1 company. The latest tracked deal is $200.0M Series C in Habi in May 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2022 | Habi | $200.0M Series C | Homebrew, Juan Franck | Alven, Andreessen Horowitz, Anthemis Group, CapitalG, Flybridge Capital Partners, General Catalyst, Gutter Capital, Index Ventures, Inspired Capital, Kima Ventures, Hans Tung, RTP Global, Softbank Latin America Fund, Raphael Vullierme, Henry Kravis, Clocktower Technology Ventures, Endeavor Catalyst, Tiger Global |