M & A

veikul-acquires-dropin-to-expand-in-mexico

Veikul acquires Dropin to expand in Mexico

byMilena Garbarino September 27, 2024 No comments 1 minute read Veikul, a Mexican startup focused on digital fleet management and logistics optimization, acquired Dropin, a platform that automates last-mile delivery. This deal strengthens Veikul’s technological capabilities and improves its logistics operations. This acquisition will allow Veikul to scale its technology and improve operational efficiency, and […]

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rappi-acquires-fountain9-to-enhance-ai-driven-operations

Rappi acquires Fountain9 to enhance AI-driven operations

byMilena Garbarino September 10, 2024 No comments 1 minute read Rappi, the Colombian delivery platform, acquired Indian AI company Fountain9 to strengthen its logistics capabilities. The financial details were not disclosed but the acquisition includes Fountain9’s intellectual property and part of its team, including co-founders Niki Khokale and Rajas Lonkar, who will join Rappi’s Turbo

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syonet-merges-with-lead-force-and-starts-operations-in-mexico

Syonet merges with Lead Force and starts operations in Mexico

byMatheus Tomé August 22, 2024 No comments 1 minute read Brazilian CRM for car dealerships, Syonet, merged with Lead Force, a marketing startup that serves the automotive industry. Following the merger, Syonet started its expansion to Mexico, where it serves clients like Grupo Continental. “We are adopting a strong and comprehensive strategy, with an intelligent

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nomad-acquires-melhor-cambio-for-$550k

Nomad acquires Melhor Câmbio for $550K

byMilena Garbarino July 17, 2024 No comments 1 minute read Brazilian neobank Nomad acquired Melhor Câmbio, a virtual marketplace for currency exchange for tourists, for approximately $550K. Founded in 2020, Nomad focuses on foreign currency accounts for individuals. In 2023, after securing a $61M investment round led by Tiger Global, Nomad’s valuation reached approximately $315M. 

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argentinian-unicorn-aleph-acquires-entravision-global-partners

Argentinian unicorn Aleph acquires Entravision Global Partners

byMatheus Tomé July 5, 2024 No comments 1 minute read Argentinian digital advertising unicorn Aleph acquired its main competitor, Entravision Global Partners, a division of Entravision Communications Corporation. The deal is part of Aleph’s plan to expand into additional regions such as Southeast Asia. With the acquisition, Aleph now operates in over 140 countries. “The

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nubank-acquires-hyperplane

Nubank acquires Hyperplane

bySara Delgado July 1, 2024 No comments 1 minute read Brazilian neobank Nubank acquired the AI-for-banks platform Hyperplane, seven months after its $6M seed funding round.  The acquisition will enable Nubank to enhance its AI capabilities, generate valuable insights, support decision-making, and improve the user experience for its customers. “Our early AI investments, combined with

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finsus-acquires-distrito-pyme-and-launches-digital-credit

Finsus acquires Distrito Pyme and launches Digital Credit

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

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tul-merges-with-sooper 

Tul merges with Sooper 

bySara Delgado June 17, 2024 No comments 1 minute read Colombian online construction materials and hardware marketplace Tul merged with Brazilian counterpart Sooper.   Tul brings expertise in Spanish-speaking markets like Mexico and Colombia, while Sooper offers deep knowledge of the Brazilian market. The merger brings the companies’ combined portfolio to 82,000 products and 10,000

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koywe-acquires-chilean-fintech-facto-to-target-north-american-market

Koywe acquires Chilean fintech Facto to target North American market

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

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payretailers-acquires-brazilian-fintech-transfeera

PayRetailers acquires Brazilian fintech Transfeera

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

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