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Oxxo Financial
Information by Research TrustFinance
OXXO is a chain of convenience stores originating from Mexico and is a subsidiary of FEMSA, the world's largest independent Coca-Cola bottler. Leveraging its massive retail footprint of over 20,000 stores, OXXO has developed a significant financial services division. Its key offerings are "OXXO Pay," which allows customers to pay for online purchases with cash at any OXXO store, and "Spin by OXXO," a fintech application and VISA debit card that provides digital wallet services, money transfers, and other basic financial functionalities. The company's mission in the financial sector is to promote financial inclusion by providing accessible and easy-to-use services for millions of people who may not have traditional bank accounts.
United States
Industry
Financial