byMatheus Tomé January 10, 2024 No comments 1 minute read Brazilian startup Conta Simples raised $41.5M in a Series B round led by Base10 Partners, with the participation of Valor Capital, Jam Fund, Y Combinator, Big Bets, Broadhaven, and Domo. TJ Nahigian, Managing Partner at Base 10, joined the company’s board of directors as part of the deal. The funds will be used to grow […]
Conta Simples raises $41.5M Series B round Leer más »
byMaría Camila David January 8, 2024 No comments 1 minute read Mercado Pago, the Mercado Libre online payment platform, now offers Chilean users a financial feature that provides daily returns with profitability that fluctuates at 8% annually, ensuring immediate liquidity. Mercado Pago, a B2B financial platform accessible to users in Latin America, goes beyond basic
Mercado Pago launches daily returns for Chilean digital accounts Leer más »
byLiliana Sánchez January 5, 2024 No comments 1 minute read Chilean fintech Levannta, a startup that provides loans to subscription-based companies, raised a $2.5M funding round led by Manutara Ventures and $8M in a debt line with Ameris Capital. The funding will be used for international expansion, marketing, and consolidation in Chile. Levannta was founded in 2022 by Manuel Astaburuaga, Alfredo
Chilean fintech Levannta raises $10.5M Leer más »
byGuadalupe Ibañez December 29, 2023 No comments 1 minute read Brazilian fintech, Stone, secured a $467.5M financing commitment from the U.S. Development Finance Corporation (DFC). The funds will enhance receivables anticipation for Brazil’s micro, small, and medium-sized enterprises (MSMEs), improving their cash flow and reducing default risks over a seven-year term with an initial six-month
Stone raises $467.5M for SME financial services Leer más »
byMatheus Tomé December 27, 2023 No comments 1 minute read Brazilian Fintech Bankme raised $1.5M from DOMO.VC to develop a product that allows customers to use financial leverage. “With this funding, we’ll invest in technology and talent to develop the rediscount and contribution area,” said André Bravo, Founder and COO of Bankme. “Redesconto” (“rediscount”), enables customers to rediscount titles with Bankme, while
Bankme raises $1.5M for new financial product Leer más »
byLiliana Sánchez December 26, 2023 No comments 1 minute read Brazilian fintech Credmei raised $8.1M through Credix, a DeFi marketplace for loans. Credmei is a fintech that utilizes machine learning to fund small and medium-sized businesses through receivable prepayment. The funds will be used to continue their expansion in Brazil. “We want to support an even greater number
Brazilian fintech Credmei raises $8.1M Leer más »
byGuadalupe Ibañez December 25, 2023 No comments 1 minute read InvestPlay, a Brazilian fintech specializing in Open Finance, raised a $600K round led by BRQ, Osten Moove, and Darwin Startups. Founded in 2017, InvestPlay started as a financial education platform and has since expanded into Open Finance. Following a 2021 funding round, InvestPlay focused on developing two B2B solutions:
InvestPlay, Open Finance fintech, secures $600K Leer más »
byAdam James Bilyeu December 21, 2023 No comments 1 minute read Kapital, a Mexico City-based bank and technology platform, raised $40M in a Series B round and secured $125M in debt financing led by Tribe Capital with support from Cervin Ventures, Tru Arrow, MS&AD Ventures, and Alumni Ventures. This investment follows their $20M Series A in May of 2023. Co-founded in 2020 by Rene
Kapital secures $40M in Series B funding for SME tech expansion Leer más »
byMatheus Tomé December 18, 2023 No comments 1 minute read Brazilian fintech Mercado de Recebíveis was valued at $14M in its first round. The round was led by Urca Angels, with the participation of Inês Corrêa de Souza and Marcelo Bella. The funds will be channeled to product, tech, and hiring of new people. “We want to harness the full potential
Mercado de Recebíveis raises first round Leer más »
byGuadalupe Ibañez December 14, 2023 No comments 1 minute read Supra, a Colombian fintech, secured a strategic investment led by Citi, with participation from Far Out Ventures and H20 Capital. The funds will support and expand Supra’s operations in Colombia. Founded in 2023, Supra facilitates cross-border payments for small and medium-sized companies in the import and export sectors. “Supra
Supra gets Citi funding for fintech growth Leer más »
