byJort Van Der Horst February 12, 2024 No comments 1 minute read Techreo, a Mexican digital platform that offers financial services for the underbanked in Latin America, secured $3.4M in funding from G2 Momentum Capital and Creation Investments Capital Management. Techreo’s solutions include digital and physical debit cards, electronic transfers, bill payments, loans, investments, remittances, […]
Fintech Techreo raises $3.4M Leer más »
byMatheus Tomé February 2, 2024 No comments 1 minute read Brazilian fintech PayHop, which allows suppliers and retailers to transact and secure payments using receivables, raised an undisclosed amount in a round led by TOTVS’s CVC fund iDEXO. Experian Ventures, DOMO.VC, and Citrino Ventures also participated in the round. PayHop will use the funds to
PayHop raises undisclosed amount from iDEXO Leer más »
byAraceli Dominguez January 30, 2024 No comments 1 minute read In this week’s Espresso, we cover news from Nubank, Pomelo, Daki, and more! Outline of this episode: [00:28] – Nubank launches savings account in Colombia [00:37] – Girasol Payment Solutions acquires Finzi [00:47] – Pomelo secures $40M in Series B [01:01] – Bioeutectics raises $2.1M
Pomelo secures $40M in Series B, Ep 158 Leer más »
byMaría Camila David January 29, 2024 No comments 1 minute read Colombian startup Konvex secured $700K in a funding round led by 500 Global and Parallel18. Avalancha Ventures, Adriel Araujo, Ivan Peña, Fernando Cabello-Astolfi, Ricardo Ortiz, Luis Barrios, and Mauricio Suarez also contributed to the funding. Konvex will use the funds to expand its operations
Konvex secures $700K for market expansion Leer más »
byMatheus Tomé January 29, 2024 No comments 1 minute read Brazilian bank Afinz acquired Pagolivre, a local fintech focusing on recurring payments, for an undisclosed amount. Afinz offers traditional banking services, such as insurance, credit cards, investments, and loans. The deal adds recurring payment services to Afinz’s portfolio. “We saw in Pagolivre what we needed
Afinz buys recurring payments startup Pagolivre Leer más »
byHellen Villena January 25, 2024 No comments 1 minute read Argentinian fintech Pomelo raised a $40M Series B led by Kaszek. monashees, Index Ventures, Insight Partners, S32, and Endeavor Catalyst also participated in the round. The funding round comes over a year after Pomelo’s $18M Series A extension in August 2022, totaling $103 million raised
Pomelo lands $40M in Series B Leer más »
byLiliana Sánchez January 24, 2024 No comments 1 minute read Girasol Payment Solutions, a payments company based in Curaçao, acquired the Colombian fintech Finzi. Finzi was founded in 2021 and offers bank accounts, Visa debit cards, microcredits, utility payments and gaming subscriptions. “Colombia has always been one of the markets with the greatest interest for
Girasol Payment Solutions acquires Colombian fintech FinZi Leer más »
byMatheus Tomé January 23, 2024 No comments 1 minute read Nu Colombia announced they will launch Cuenta Nu, a savings account with no fees that yields 13% annually. Nu Colombia received full regulatory approval in January to operate as a financing company, meaning they can now offer credit and savings products, such as Cuenta Nu.
Nubank launches savings account in Colombia Leer más »
bySara Delgado January 22, 2024 No comments 1 minute read Approbe, a Colombian fintech connecting individuals seeking credit with lenders, secured a $2.3M Seed funding round led by Treebu Capital and HubBog. Approve will use the funds to support and finance loans and optimize processes. Approbe facilitates peer-to-peer (P2P) lending, involving individuals, corporations, and payment
Approbe secures $2.3M to grow its online lending platform Leer más »
Mexican fintech R2 partnered with TUU to launch TUU Crédito, a credit solution for SMEs in Chile. This initiative introduces a flexible repayment structure based on a percentage of the business’ monthly sales. “With this partnership, we aim to become a strategic partner that brings a full suite of financial solutions that help businesses to
R2 partners with TUU to offer a credit solution for Chilean SMEs Leer más »
byLiliana Sánchez January 18, 2024 No comments 1 minute read Nubank announced the integration of Dimo into its app in Mexico. Dimo is a platform managed by the Bank of Mexico that lets users make money transfers to others using only the person’s phone number. “We see in Dimo a great opportunity to simplify
Nubank integrates Dimo into its app in Mexico Leer más »
byAraceli Dominguez January 12, 2024 No comments 1 minute read Prometeo raised $13M in a Series A round with Antler Elevate as the lead investor. Other participants include PayPal Ventures, Samsung Next, and partners from DN Capital, along with existing investors Cometa and Magma Partners. Prometeo will use the funds to expand its multi-banking data and payment offerings. “Our vision has consistently been focused
Prometeo secures $13M in Series A Leer más »
