This week’s Espresso covers news from Ruedata, Welbe Care, and more! Outline of this episode: [00:27] – ABSeed raises $30M to invest in B2B SaaS [00:36] – Ruedata raises $2M seed round [00:50] – BTrust lands $1.5M in seed funding [01:05] – CloudWalk raises $313M to finance anticipation of receivables [01:20] – Evertec acquires Zunify […]
CloudWalk raises $313M to finance anticipation of receivables, Ep 170 Leer más »
byHellen Villena May 27, 2024 No comments 1 minute read Spanish global payment processor PayRetailers announced its acquisition of Transfeera for an undisclosed amount, pending approval from Brazil’s Central Bank and Administrative Council for Economic Defense. PayRetailers will absorb Transfeera’s 450 clients and 62 employees, bringing its headcount to 550 employees worldwide across 10 different
PayRetailers acquires Brazilian fintech Transfeera Leer más »
byRegina Pernaz May 24, 2024 No comments 1 minute read Fintech Evertec acquired Zunify, the largest QR code payment network in Costa Rica. Under the agreement, Evertec will assume the client portfolio, financial permissions, and the license to use Zunify’s technology in Costa Rica. With the acquisition, Evertec plans to strengthen its position in the
Fintech Evertec Acquires Zunify Leer más »
byMatheus Tomé May 23, 2024 No comments 1 minute read Brazilian fintech CloudWalk, owner of InfinitePay, raised $313M through four FIDC funds structured by Itaú BBA. CloudWalk will use the funds to amplify the offer of receivables anticipation to SMBs. “Receivables anticipation is a crucial instrument to ensure good cash flow management, which is one
CloudWalk raises $313M to finance anticipation of receivables Leer más »
This week’s Espresso covers news from Nubank, Biologix, and more! Outline of this episode: [00:28] – ClicOH acquires Rayo [00:40] – Salvy raises $1.9M in a seed extension round [00:53] – NG.CASH lands a $12.5M Series A [01:08] – Aplazo lands $45M in Series B [01:26] – CRMBonus raises $78M in a Series B round
CRMBonus raised $78M in a Series B round led by BOND, Ep 169 Leer más »
byHellen Villena May 21, 2024 No comments 1 minute read US B2B payment platform TransNetwork acquired Uruguayan fintech Inswitch for an undisclosed amount. The acquisition was finalized on February 29. With the acquisition, Inswitch can legally operate in the US. Following the transaction, Inswitch plans to expand in Latin American markets, including countries like Ecuador.
TransNetwork acquires Uruguayan fintech Inswitch Leer más »
byHellen Villena May 15, 2024 No comments 1 minute read Mexican BNPL fintech Aplazo raised a $45M Series B led by QED Investors. Volpe Capital, Oak HC/FT, Kaszek, and Picus Capital also participated. This round follows their $27M Series A in November 2021, totaling $100M in equity and $75M in debt raised to date. Aplazo
Aplazo lands $45M in Series B Leer más »
This week’s Espresso covers news from Nubank, Biologix, and more! Outline of this episode: [00:28] – Biologix lands a $1.2M round [00:43] – Nubank surpasses 100 million clients [00:58] – Jeeves lands $75M credit line to grow its Latin America operations [01:11] – Grupo Bloxs receives investment from BS2 Resources & people mentioned: Startups: Biologix,
Jeeves lands $75M credit line to grow its Latin America operations, Ep 168 Leer más »
byHellen Villena May 14, 2024 No comments 1 minute read Brazilian fintech Grupo Bloxs raised an undisclosed amount from neobank BS2. The funding comes 4 years after Bloxs’s $683k Seed round led by Bossa Invest, and it was structured as a secondary transaction to prepare Bloxs’s cap table for a Series A later in 2024.
Brazilian fintech Grupo Bloxs receives investment from BS2 Leer más »
bySara Delgado May 9, 2024 No comments 1 minute read Brazilian digital bank Nubank announced that it has surpassed 100 million clients in Brazil, Mexico and Colombia, becoming the first non-Asian digital banking platform to achieve this milestone. “In 2013, we set the goal of reaching one million clients in five years, which seemed nearly
Nubank surpasses 100 million clients Leer más »
B2B payments and corporate card platform Jeeves secured a $75M credit facility from Community Investment Management (CIM), 25 months after its March 2022 $180M Series C at a $2.1B valuation. Jeeves will use the debt funding to finance its credit product, and it will leverage the funds raised in previous rounds to support the Latin
Jeeves lands $75M credit line to grow its Latin America operations Leer más »
bySara Delgado April 19, 2024 No comments 1 minute read Colombian fintech OnePay secured $1.3M in a pre-seed round from angel investors. With the funds, OnePay will enhance its payment integration platform on WhatsApp. OnePay specializes in B2B payment solutions. Its platform integrates directly with WhatsApp, streamlining payments by eliminating intermediaries. Founded in 2023 by
Colombian fintech OnePay raises $1.3M in pre-seed round Leer más »
