Global fintech Unlimit has expanded its existing principal licence agreement with Visa in Mexico to include card issuance for local offerings. The company can now collaborate with co-brand partners, such as financial institutions, retailers, or other fintechs, and provide them an economic infrastructure that facilitates the launch of payment products throughout Latin America.

Unlimit’s co-brand solution enables businesses to accelerate the launch of a white-label financial product while simplifying the integration process through its API-driven technology. Unlimit solutions encompass various financial services including payment processing, card issuance, BaaS (Banking as a Service), and multi-currency business accounts.

The growth of fintechs in Mexico and LATAM has been a significant factor in promoting financial inclusion. A Mastercard study indicates that the number of fintechs in the region has surged by 304% since 2017, with over 3,000 companies now operating across 26 countries. This growth is enhancing access to banking, credit, and financial tools.

In March 2025, Unlimit further diversified its portfolio by partnering with Doto to enhance payment approval rates. The partnership aimed to optimize Doto’s payment processing capabilities by improving transaction acceptance rates, increasing recovery rates for high-risk transactions, and reducing bank rejections. Additionally, Unlimit’s payment services were expected to help Doto rapidly expand into new markets while supporting existing ones.

Unlimit remains committed to meeting the evolving needs of clients and users in a dynamic market environment, all while ensuring compliance with regulatory requirements.