Forza Card Secures Strategic Debt Refinancing with Exclusive Advisory by Balandra Capital

Mexico City, Mexico (November 1, 2024)

Forza, a leading Mexican manufacturing powerhouse that delivers security payment solutions for Fintech, Telecom, ID has successfully completed a strategic debt refinancing with exclusive advisory from Balandra Capital. This strategic move was made possible through improved financial and operational performance. This initiative reinforces Forza’s pivotal role in Mexico’s expanding financial and fintech sectors, which are crucial as digital and contactless payment solutions continue to reshape consumer and business landscapes across the region.

Forza’s manufacturing capabilities and long-standing relationships with major banks and fintech companies position it as a key enabler within Mexico’s financial ecosystem. From producing high-security cards and services for major financial institutions to supporting fintech innovations with cutting-edge technology, Forza drives advancements that promote financial inclusion and digital adoption nationwide.

"With Mexico’s rapid evolution in digital finance, Forza is strategically positioned to support the growth and security of the payment infrastructure," said Luis Benavides, CEO of Forza. "This refinancing equips Forza to continue playing a crucial role in enabling financial access and innovation for a diverse and expanding customer base." The refinancing will reduce Forza’s cost of debt with significantly lower interest rates.

This enhanced financial structure enables Forza to pursue its strategic priorities, including technology upgrades to meet customer preferences. Balandra Capital is proud to support Forza’s commitment to innovation and economic growth within the evolving financial landscape.