Why Goldman Sachs Is Interested in a Small Bike Shop in Mexico – The Wall Street Journal

MEXICO CITY—Fintech investors are flocking to Mexico to try to fill a gap in the country’s credit market: loans to young businesses looking to expand.

The latest example is Goldman Sachs Group Inc., which is providing a credit line of up to $100 million to Credijusto, a four-year-old financial technology firm in Mexico City backed by former Morgan Stanley Chief Executive John Mack and Capital One Financial Corp. co-founder Nigel Morris.