PODCAST · business
MexMoves
by Whitepaper Media
Each week, Damian Fraser and Eduardo García dissect Mexico’s most important business stories with global impact—and bring on a guest to explore a subject the headlines missed
Episodes
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90. Spiegel on Buying Querétaro FC; Endeavor on Startups; Televisa–AT&T, Mexico’s AI Risks
This week on MexMoves, Marc Spiegel, the American investor whose Innovatio Capital acquired Querétaro FC, joins to discuss the business of Mexican football. Why invest in a Liga MX club? What makes Querétaro attractive? Can Mexican football become a bigger business, particularly with the…
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89. Afore XXI Banorte on Mexico’s Pension Boom; Energy Investment & Natural Gas, Tourism Woes and AHMSA
Tourism Woes and AHMSA Description This week on MexMoves, we speak with David Razú, CEO of Afore XXI Banorte, one of Mexico’s two largest pension managers, with roughly US$100bn in assets under management. Mexico’s Afore system now manages close to US$500bn, and it is getting much bigger…
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88. Mexico’s Creative Economy; News from Consorcio ARA, CONTPAQi, Nu and Fuel Support
We interview Avelino Rodríguez, CEO of The Lift, to talk about the business of creativity in Mexico. Twenty years after founding The Lift, Avelino explains how he built a world-class audiovisual production-services company, and what Mexico needs to become a genuine global creative hub comparable…
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87. Perret & Billia on Mexico's conference circuit; demographic shock, JD Sports/Axo bet, Korea in Mexico, and the Trump diesel threat.
This week we talk to two key people promoting US-Mexico ties and investment in Mexico. Enrique Perret runs the US-Mexico Foundation, which is hosting this week's North Capital Forum in Mexico City. He talks about North American convergence and why booming exports to the US and continued growth in...
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86. Siemens on Mexico’s Next Industrial Wave | Flex & AI Infrastructure; Traxión Tender; Liverpool/Primark; Grupo México/Saavi
This week on MexMoves, we interview Alejandro Preinfalk, President and CEO of Siemens Mexico, Central America and the Caribbean. Siemens has been in Mexico for 130 years, but recently business has been booming globally as electrification, automation, industrial AI and data centers reshape global...
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85. Trade & Railways with CPKC and AmCham’s Oscar del Cueto | Mexico’s Budget, Digital Law, Kapital & Televisa
We interview Oscar del Cueto, Head of CPKC Mexico and President of AmCham Mexico, for a conversation about railways and the future of North American trade. Oscar discusses how nearshoring is showing up in freight volumes, why Mexico still moves so much cargo by truck, the US$100 million expansion...
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84. Mexico’s NYC Week; M&A Outlook; Axtel Bids, Felix Pago Funding, Volkswagen Cuts
We interview María Ariza, CEO of Mexican stock exchange BIVA and founder of Mexico Investment Day, now Mexico Investment Week, in New York, to discuss next week’s event and the current state of Mexican capital markets. We also talk with Ariel Fischman, CEO and founder of 414 Capital, about the...
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83. Mexico’s 55% Informality Problem; Aeroméxico-Delta, Viva-Volaris; Canada & USMCA; and the AI Software & Hardware Boom
We interview Sofía Ramírez Aguilar, head of México, ¿Cómo Vamos?, a leading Mexican think tank, on one of Mexico’s biggest economic challenges: labour-market informality, and what to do about it. About 55% of employed Mexicans work informally, meaning they lack social-security or legal…
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82. J.P. Morgan on Mexico’s Economy; Tourism, Braskem Idesa Bankruptcy & Omnilife’s Texas Bet
Is Mexico’s economy finally turning a corner, or simply stabilizing at a disappointingly low growth rate? This week on MexMoves, we interview Gabriel Lozano, Chief Mexico Economist at J.P. Morgan, to discuss the economic outlook for the rest of 2026: why investment is lacking, the weakness of…
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81. TRAXIÓN, Yuno & Mexico’s Biggest Business Stories of the Week
Antonio Tejedo, Vice President of Investor Relations at Grupo TRAXIÓN, joins us to discuss the transformation of Mexico’s leading transportation and logistics company, from a traditional trucking operator into an integrated platform spanning freight, people mobility, warehousing, brokerage,...
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80. UBS on Mexico Wealth Management, Pemex & Mercado Libre Results, SuKarne Sale & More’
We talk to Ricardo Pintado, Managing Director at UBS Wealth Management, about how Mexican entrepreneurs and wealthy families should approach investing, succession and the differences to creating wealth from preserving it. We discuss how a global private bank’s value proposition differs from that…
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79. Most People Invest in Restaurants for the Wrong Reason
We spoke with Gabriela Cámara, the star restaurateur behind Contramar, Entremar, Caracol de Mar and Itacate in Mexico City, as well as the recently opened Cantina Contramar in Las Vegas. She explains why the iconic Contramar has been full for nearly 30 years, what it takes to run a busy Mexico…
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78. What Mexico Looks for in a CEO; 2Q Earnings Reveal Consumer Weakness; Casa de Toño Seeks a US$400mn Sale; Lettuce Liability
This week, we speak with Francisco Ruiz Maza, Mexico Country Manager at Russell Reynolds Associates, one of the world’s leading executive search and leadership advisory firms. Francisco explains how Russell Reynolds identifies and evaluates candidates for CEO and board positions in Mexico, what...
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77. QED Investors on Mexico’s Next Fintech Winners; What World Cup? The Limited Economic Impact; Mexico’s AI Infrastructure Opportunity
We speak with Ana Cristina Gadala-Maria, Principal at QED Investors, the world’s premier fintech venture-capital firm and among the most active in Mexico, with investments including Bitso, Konfío, Aplazo, Covalto, Kavak, Félix Pago and FEMSA’s new lending venture. She explains what QED now looks...
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76. Netflix Explains Its Winning Mexico Bet, Toyota’s Tacoma Exit and Why Mexican Credit Data Is Hot
We speak with Francisco Ramos, Netflix’s Vice President of Content for Latin America, about why Mexico has become one of the company’s most important global creative hubs, and what Netflix now needs to do to stay ahead as competition from YouTube creators and influencer-led content rises. Since...
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75. Mexico’s Energy Infrastructure Needs; USMCA Outlook; Top 1H26 Stock Moves; Tulum Troubles; Minting MIllionaires
We speak with Rafael García, VP of External Affairs at TC Energy and President of CanCham Mexico. We discuss Mexico’s energy infrastructure needs, TC Energy’s role in the country’s natural gas pipeline network, and why reliable infrastructure to facilitate low-cost natural gas imports from Texas…
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74. Mercado Libre’s Mexico Strategy; Positive News on Growth, Inflation, Renewables, and Sinda’s possible IPO
We interview Leandro Cuccioli, Senior VP at Mercado Libre, on the company’s Mexico strategy, booming e-commerce sales, Mercado Pago’s fintech ambitions, the impact of AI adoption, market concerns around operating margins that have hit the stock price, and the company’s long-term growth...
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73. The Making of Mexico; World Cup, Education & Growth, Digital Payments, Stablecoins, & the Plata Documentary
Two standout interviews this week.Harry Krensky, Managing Partner of Discovery Americas, shares his views on what it takes to succeed in Mexico private equity — what works, what doesn't, and where the industry is headed. And before that, Pamela Starr joins us to discuss her new book The Making of...
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72. Afore Coppel on Mexico’s pension future; demographic challenges; and more fintech deals with Clip and OXXO
Juan Manuel Valle, CEO of Afore Coppel, Mexico’s largest pension fund by affiliates, discusses the opportunities and challenges facing retirement savings in Mexico. * How Afore Coppel became the largest pension fund by affiliates, despite entering the market much later than others. * How…
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71. Amazon Mexico Head Explains Strategy; Betterware’s Tupperware Deal, FMTY Lands FIBRAMQ, and Televisa’s War Chest
Amazon Mexico Head Pedro Huerta explains how Amazon is adapting to Mexico: ever-faster delivery, local payment solutions, AI-driven shopping, and a deeper push into groceries and everyday essentials. Key interview topics: * The launch of “Delivery in Hours” * Why saving time is Amazon’s core…
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70. GM Mexico Head on China to Mexico Shift, Slim Holds Court, AMX Investor Day, Banxico’s Reality Check
Francisco Garza, Head of GM Mexico, tells us about GM’s plan to shift (for now, just the assembly) of the Aveo and Groove models from China to Mexico, and what it says about nearshoring, tariffs, suppliers, EVs and Mexican manufacturing. Plus Eduardo and Damian discuss the big business and…
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69. inDrive in Mexico; Evolving Mexico ESG; Moody’s D/G; Royal Caribbean blow & the MX-EU Trade Deal
How do you compete with Uber in one of the world’s most competitive ride-hailing markets? Andries Smit of inDrive discusses with Damian the company’s expansion in Mexico, its strategy against Uber and Didi, and why mobility platforms are increasingly evolving into broader financial and logistics...
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68. BBVA Spark Opens Up; Doubts on SICC’s US$2bn Pharma ‘’Investment’’; S&P Cuts Outlook; GAP Explains
Rodrigo Velasco, Head of BBVA Spark Mexico & LatAm, discusses how BBVA’s division for fast-growing, tech-oriented companies and funds works in practice, and what he looks for when taking on a new client, extending credit or investing in a VC fund. First, Eduardo and Damian dissect the news of the...
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67. OXIO’s Telecom Bet, New Deregulation Push and the Pawn Shop Boom
Eduardo García interviews Nico Girard, CEO and Founder of telco upstart OXIO, on its bold move to buy Telefónica’s Movistar Mexico business, the future of telecom competition, MVNOs, AI-driven telecom platforms, and what success could look like in one of Latin America’s toughest mobile markets....
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66. Nearshoring opportunities; AI-driven export boom but GDP weakness; BlackRock cashing out in the GMéxico–Saavi deal
We interview Emilio Cadena, CEO of Prodensa and President of the US-Mexico Foundation, on the continued nearshoring opportunity for Mexico; what’s working, what isn’t, and why a roll-up of some of Mexico’s SME export industrial plays makes sense. Before that, Eduardo and Damian discuss the big...
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65. North America’s First World Cup; USMCA, Growth Woes, Piracy, AI Investment, and Fibra Battles
Andrés Martínez, Co-Director of the Great Game Lab at Arizona State University, joins us to discuss the business significance of the first North American World Cup. Pedro Casas, CEO of AmCham Mexico, gives us the latest on USMCA talks following the USTR’s visit to Mexico. Before the interviews,...
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64. Vanguard on Mexico’s savings gap; food inflation; Plata; fracking; ice cream and and motorcycles
We interview Adriana Rangel, Head of LatAm distribution at Vanguard, on one of Mexico’s biggest long-term weaknesses: why retirement savings remain so low despite gains in financial inclusion and average incomes. The answers include still low incomes relative to living costs, low female labor...
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63. Jumex in the USA; Chinese Carmakers; Telefónica Exits; Banxico Chief Under Fire
This week on MexMoves, we interview Carlos Madrazo, head of Jumex USA, on how the company is approaching the US market, what lessons it can bring from its success in Mexico, what has to change, and why both Hispanic and mainstream consumers are part of its long-term ambition. Before that, Eduardo...
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62. AWS at 20 - positioning for Mexico’s AI transition; How “broken” is Mexico’s economy?; Park Life IPO; e-commerce trends
This week, Eduardo and Damian sit down with Rubén Mugártegui, Managing Director of Amazon Web Services Mexico, as AWS celebrates its 20th anniversary, to discuss how the company helped drive Mexico’s shift to cloud computing and how it is now positioning itself at the centre of the country’s AI...
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61. AINDA on Mexico Infrastructure & Energy | Stagflation Fears, Walmex Investor Day, PemBras?, and Casinos
We interview Manuel Rodríguez Arregui, head of AINDA, the infrastructure and energy private equity fund focused on Mexico and Colombia. We discuss how AINDA sees the opportunities and challenges in financing Mexico’s much-needed infrastructure and energy projects, how the firm creates value…
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60. La Oficina, Stripe in Mexico, Fibra Battles, Bankers Meet in Cancun
This week we chat with Marcos Bucay, showrunner of La Oficina, about bringing The Office TV show to Mexico and what it reveals about hierarchy, nepotism, and the absurdities of corporate life a la mexicana. And in a bonus, top Stripe executive Neetika Bansal also joins us to explain how Stripe is...
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59. Inside Mexico’s Pension Funds. Plus Fibra Monterrey, BBVA Mexico, Mexico’s Billionaires and Liga MX
We talk with Guillermo Zamarripa, president of Mexico’s pension fund association, Amafore, about the growing importance of Mexico’s pension funds, including their role in the country’s long-term savings, capital markets, infrastructure and private assets, the challenge of ensuring adequate…
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58. Bitso Goes Beyond Crypto: Oil Shock Impact, Chico Pardo Profiles, and ARQ’s Fundraise & Rebrand
Felipe Vallejo, Country Head of Bitso Mexico, explains how the company is pivoting from a crypto-first exchange into a broader investing and payments platform, leveraging stablecoins to facilitate business payments and offering individuals non-crypto digital products including global stocks and...
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57. Creative Industries, Cartel Threats and Corporate Earnings
This week we chat with Gina Diez Barroso, founder of CENTRO University, and a leading Mexican voice in education, innovation, urban renovation, arts and women in business. She reflects on the evolution of Mexico’s creative economy, and what it takes to build globally competitive creative business...
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56. GBM on Helping Mexicans Invest; Canada–Mexico Ties; New Film Tax Credits; Aeromexico’s Cash Generation; Kavak Raise
Pedro de Garay, co-CEO of GBM and founder of Siclo, describes the pivot from a broker and investment bank built for Mexico’s financial elite to a mass-market investing platform, scaled with SoftBank backing and designed for first-time investors. We look at what comes next as GBM tries to turn…
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55. Proof of Human in an AI world: Cash-to-Digital Payments; Crime Hits Investment
Martin Mazza from Sam Altman’s Tools for Humanity and its World project, tells us why Mexico and LatAm are key markets for Proof of Human tools in an AI world, how far they’ve progressed in getting Latin Americans to “eyeball up,” and what still needs to happen to reach critical scale. We also…
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54. Homebuilding, Infrastructure Plan, BBVA’s Mexico Blowout, Workweek Reform, and Pemex
We interview Domingo Valdés, CFO of Vinte, Mexico’s largest homebuilder, on where Mexican housing is headed over the next decade. We discuss policy shifts from Peña Nieto to AMLO to Sheinbaum, Infonavit’s expanding role, the successful Javer acquisition, and how Vinte’s ESG focus translates into...
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53. ZONAMACO Art Fair, Mexican Brands in the US, Grupo México - Mexico’s new MVP
ZONAMACO takes centre stage this week as we interview Zélika García, the founder behind Mexico’s top contemporary art fair, on how it became a global hit. We also speak with consultant Juan Saldívar on selling Mexican consumer brands in the US. And as always, Eduardo and Damian break down…
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52. Mexico’s Water Challenges & Solutions; Davos MIA; 2026 Financials, Energy & Mining Outlook
We interview Andrés Pliego on the outlook for Mexico’s water sector and how Rotoplas, where he is CFO, is investing across the region by providing practical, decentralized water solutions. Before the interview, Eduardo and Damian discuss the 2026 outlook for Mexico’s financials, energy, and…
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51. Autos, USMCA 2026 and Mexico’s Sector Outlook
This week we interview Odracir Barquera, Head of the Mexican Automotive Industry Association (AMIA), on the negative impact of US tariffs on Mexico’s automotive industry in 2025 and how the 2026 USMCA review could unfold for what is the most important sector in Mexico’s economy. The review could...
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50. Human Capital & Education, 2026 Outlook, Air Merger and Televisa Ownership Shuffle
To restart our weekly podcast, Damián and Eduardo speak with Michael Fung, a leading expert in human capital, education, and skills development at Tecnológico de Monterrey. He shares his assessment of how Mexico is performing in these areas—and the challenges and opportunities that artificial...
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49. Classical Music, Monterrey Smog, 2025 Highlights and Bread Wars
For our Christmas special, we interview Carlos Miguel Prieto, renowned Artistic Director of the Orquesta Sinfónica de Minería, about the business and current state of classical music in Mexico. We also speak with Verónica García de León about the smog crisis in Monterrey: what’s driving it, and…
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48. Inside MIP’s Rise, Behind HBO’s Chespirito, Alsea’s New QSR, and the AT&T–Televisa Plot
Jaime Guillen, co-founder and partner at Mexico Infrastructure Partners (MIP), joins us to explain how the firm became the country’s largest infrastructure fund, the strategy behind its landmark Iberdrola acquisition, and where MIP is heading next, from energy and digital infrastructure to...
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47. Binance’s Mexico Bet, Duncan Wood on USMCA Hearings, Bimbo at 80, and the 40-Hour Week Ahead
MexMoves interviews Salvador Rivero, the new Country Head of Binance Mexico, who lays out what the world’s largest crypto exchange plans to do in the country. We also speak with US-Mexico policy expert Duncan Wood for his take on the USMCA hearings in Washington — what’s at stake and what 2026 US...
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46. Banco Azteca Opens Up; Treviño on Mexico’s Leadership Gaps; Protests Hit Highways; Fibra NEXT Follow-On
Join us for a deep dive with Banco Azteca Chairman Alejandro Valenzuela on how Azteca really makes its money, why cash still refuses to die, and why a phygital model is the way forward for Mexican banks. Javier Treviño shares leadership lessons from his new book Silos, celos y círculos íntimos…
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45. AI for Mexico Logistics, Gold Mine Drama, Mexico Rises to #1 US Buyer, Esentia IPO, ASUR Buys Big
Desteia’s Diego Solórzano explains how real, operator-focused AI tools can ease Mexico–U.S. logistics bottlenecks. Journalist Steve Fisher recounts the unlikely recovery of a gold mine in Sonora that many had written off, detailing the operational, financial, and human factors behind its revival....
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44. Plata’s CEO on 2M+ users and a $3B valuation; CDMX and U.S. sports teams; Esentia’s gas-pipeline IPO; and what Kimberly-Clark’s Kenvue deal means for Mexico.
We talk with Neri Tollardo, Plata’s co-founder and CEO, to understand how the fintech rocketed from zero to more than two million users and a $3 billion valuation in just over two years. We also explore the pros and cons of Mexico City as a potential home for U.S. sports teams, the stakes behind...
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43.KIO on Mexico’s data-center opportunities; Natixis on local asset-management plans; GAP-CBX merger; ASUR bid for South American airports; Aeromexico prices IPO
Octavio Camarena, CEO of KIO, Mexico’s leading local data-center company, talks to us about the company’s ambitious expansion plans, power bottlenecks, and why a successful data-center build-out is relevant to Mexico’s AI competitiveness. Then French-owned Natixis explain their local...
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42. Uber Mexico Heads Explain Strategy, Revolut CEO on Mexico Opportunities, U.S. Route Bans Hit Mexican Airlines, the Debate Over Credit Card Fees, and Mercado Libre Outperforms Oxxo and Walmex
This week on MexMoves, Uber’s top Mexico executives break down their strategy and why the country has become one of Uber’s biggest global markets. Juan Guerra, CEO of Revolut Bank Mexico, discusses how the fintech will be adapting its European model to Mexico (ie, credit will be a bigger part of...
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41. Finsus: Mexico’s Profitable Fintech — Plus Aeroméxico’s IPO; GE–Xignux’s $5.3B Prolec Deal; Insurer VAT Truce, GM Mexico Tariff Boost; and Revolut’s Long, Long-Awaited Launch
This week we interview Sebastián de Lara, Chief Regulation and Expansion Officer at Finsus, one of Mexico’s few profitable fintechs, to explore its path toward regulated scale. We then preview Aeroméxico’s upcoming IPO, highlighting its impressive post-COVID recovery powered by higher fares and...
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ABOUT THIS SHOW
Each week, Damian Fraser and Eduardo García dissect Mexico’s most important business stories with global impact—and bring on a guest to explore a subject the headlines missed
HOSTED BY
Whitepaper Media
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