bySara Delgado June 20, 2024 No comments 1 minute read Prometeo, a Uruguayan open finance fintech that offers simple and automated access to bank information and payments across Latin America through a single API, launched its account validation solution in the United States. Prometeo’s banking software platform provides automated access to information and transactions through […]
Prometeo launches account validation in the US Leer más »
byRegina Pernaz June 19, 2024 No comments 1 minute read Mexican fintech Finsus announced that it purchased Distrito Pyme‘s platform and technology to launch Digital Credit Pyme. With the acquisition, Finsus seeks to enter the digital lending market for SMEs in Mexico. Distrito Pyme’s platform helps Mexican SMEs apply for credit in a fast and
Finsus acquires Distrito Pyme and launches Digital Credit Leer más »
byHellen Villena June 19, 2024 No comments 1 minute read Payment platform Clip raised a $100M round from Morgan Stanley Tactical Value and an unnamed West Coast investor, at a valuation “in line” with its $250M Series D in 2021. The funding comes after a $50M round in September 2022. Clip will use the funds
Mexican unicorn Clip lands $100M in funding Leer más »
byMatheus Tomé June 19, 2024 No comments 1 minute read Brazilian financial infratech Celcoin raised $120M in a Series C round led by Summit Partners in what was the fund’s first investment in Latin America. Innova Capital also participated. Celcoin’s Founder and CEO, Marcelo França, stated that Celcoin will pursue M&A activity in Brazil and
Celcoin raises $120M in Series C round Leer más »
byAraceli Dominguez June 18, 2024 No comments 1 minute read This week’s Espresso covers news from FarmaLoop, Litipay, LogShare, and more! Outline of this episode: [00:28 ] – FarmaLoop raises $900K [00:38] – Félix secures $15.5M Series A [00:59] – Belo introduces ACH dollar transfers into its digital wallets [01:16] – Shinkansen closes investment from
Félix secures $15.5M, Ep 171 Leer más »
byHellen Villena June 17, 2024 No comments 1 minute read Financial underwriting platform a55 raised an undisclosed amount from payment orchestrator Paysecure. The investment comes after a55’s $16M Series B in January 2022. a55 will use the investment to expand its credit and advance portfolio to over $65M, to orchestrate over $40M in payments annually,
Brazilian fintech a55 raises investment from Paysecure Leer más »
bySara Delgado June 13, 2024 No comments 1 minute read Chilean fintech Shinkansen closed an investment from Krealo, the Corporate Venture Capital arm of the Peruvian group Credicorp. As part of the investment , Krealo will connect Shinkansen with the holding company’s bank, Banco de Crédito del Perú, enabling the fintech to leverage the bank’s
Shinkansen closes investment from Krealo Leer más »
byRegina Pernaz June 13, 2024 No comments 1 minute read Belo, an Argentinian fintech offering digital wallets to global freelancers and remote workers, announced a new feature that enables users to receive ACH transfers directly into their wallets. Belo’s solution makes it easier for Latin American-based workers earning income from the US, to get paid
Belo introduces ACH dollar transfers into its digital wallets Leer más »
byHellen Villena June 12, 2024 No comments 1 minute read B2C remittance solution Félix raised a $15.5M Series A round led by Castle Island Ventures, with participation from Switch Ventures, HTwenty Capital, Contour Venture Partners, MELI Capital, Mercado Libre’s corporate venture arm. The funding follows their $7.8M pre-seed extension in September 2023. Félix will use
Mexican fintech Félix Pago secures $15.5M Series A Leer más »
byHellen Villena June 7, 2024 No comments 1 minute read Brazilian fintech Kanastra raised a $20M Series A led by Kaszek, with participation from Valor Capital Group, QED Investors, Quona Capital, and Atlantico. The funding comes a year after their $13M Seed round in June 2023. Kanastra will use the funds to further develop its
Kanastra lands $20M Series A led by Kaszek Leer más »
byHellen Villena May 31, 2024 No comments 2 minute read Nubank and Rappi were the only two Latin American companies named in TIME100’s Most Influential Companies of 2024. Rappi, founded in 2015, made its first appearance on the TIME100 list. The super app was named in the leaders section beside category-defining companies like Pinterest and
Nubank and Rappi featured in TIME’s 100 Most Influential Companies of 2024 Leer más »
byHellen Villena May 31, 2024 No comments 1 minute read Chilean paytech startup Koywe acquired Facto for an undisclosed amount, 15 months after Koywe’s $2.5M seed round in January 2023. With the acquisition, Koywe aims to leverage Facto’s founder Mickle Foretic‘s experience in the U.S. Federal Reserve’s Business Payments Coalition to launch a new invoicing
Koywe acquires Chilean fintech Facto to target North American market Leer más »
