FILE PHOTO: Mexican pesos are seen in this picture illustration August 3, 2017. REUTERS/Edgard Garrido/Illustration/File Photo
MEXICO CITY (Reuters) -Financial technology company Revolut expects strong growth prospects in Mexico where it aims to dedicate more than $100 million this year, the firm's top local executive told Reuters, as it looks to take advantage of historic remittance flows.
In an interview on Wednesday, Mexico Chief Executive Officer Juan Miguel Guerra explained that most of the spending plan will be used to hire staff as well as maintain a healthy cash-on-hand balance to pay expenses and short-term debt.
