Mexico's fintech Kapital plans IPO within three years, CEO says

Mexican financial technology firm Kapital, which recently acquired some assets from Intercam's banking business, could pursue an initial public offering (IPO) within the next three years, Chief Executive Rene Saul said on Thursday.

"In the next three years we would be looking for the IPO," he said at a press conference, adding that he would favor a dual listing in both the United States and Mexico.