Banco Mercantil del Norte
Av. Revolución 3000 Col. Primavera, Monterrey, Nuevo Leon, 64830, Mexico
Overview
Grupo Financiero Banorte is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Banking
- Finance
- Financial Services
- Insurance
- Leasing
Investment portfolio
- Habi
Participated · Series C · May 2022
Habi operates as a technology-driven real estate platform focused on residential housing, aiming to make buying, selling, and financing homes easier and more transparent. The company is deploying the newly secured $40 million line from BBVA Spark to deepen operations in Colombia, increase its capacity to invest in residential assets, and continue building technology that supports high-volume home transactions. That $40 million commitment complements a separate $60 million financing in Mexico, giving Habi a total of $100 million in credit to date. Leadership, including President and Co-Founder Sebastian Noguera Escallon, emphasized the financing's role in accelerating support for families in major housing decisions and improving market liquidity. Habi positions its combination of technology, data, and financial solutions as a way to expand access to housing and enable wealth-building for homeowners. The announcement did not provide revenue, user, or valuation figures.