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 »
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 »
bySara Delgado May 15, 2024 No comments 1 minute read Argentinian logistics company ClicOH acquired the Chilean last-mile delivery company Rayo for an undisclosed amount. With the funds, the company will expand its eCommerce logistics operations. Rayo founders Martín Arancibia and Juan Andrés Cabrera will assume new leadership roles at ClicOH. Backed by Y Combinator
ClicOH acquires Rayo Leer más »
byMatheus Tomé April 29, 2024 No comments 1 minute read Brazilian cashback company Méliuz acquired 19.4% of CRM startup Zoppy for $561K. As part of the deal, Méliuz can purchase more of Zoppy in 2026 and acquire the whole operation in 2029. The strike price will be determined by metrics of 2025 and 2029 financial
Méliuz acquires 19.4% of Zoppy Leer más »
byMatheus Tomé April 10, 2024 No comments 1 minute read Colombian logistics startup Carryt acquired Treggo’s operations in Colombia and Mexico. Treggo is an Argentinian logistics startup that offers same-day and on-demand delivery services, while Carryt provides last-mile delivery services with an AI-powered route optimization for large companies. The acquisition enables Carryt to broaden its
Carryt acquires Treggo’s operations in Mexico and Colombia Leer más »
byJuliane Butty March 25, 2024 No comments 1 minute read Colombian startup WeKall, a cloud call center for businesses, acquired Mexican startup Sirenna AI, which monitors, analyses, and summarizes video and phone calls with AI. With this acquisition, WeKall strengthens its presence in Mexico and diversifies its offerings by adding transcription services and analysis of
Wekall acquires Sirenna AI Leer más »
byMatheus Tomé March 19, 2024 No comments 1 minute read US based dish delivery and pick-up startup Hungry House merged with Peruvian food tech startup MegaBite to create BiteLabs. BiteLabs will leverage knowledge sharing and collaboration between Hungry House and Megabite, who will continue to operate under their own names. Hungry House brings B2B and
Hungry House and Megabite merge to create BiteLabs Leer más »
Infinity Capital, a cybersecurity and blockchain firm based in Dubai, acquired Andro, a Medellín-based company specializing in blockchain infrastructure. The terms of the acquisition remain undisclosed. “Andro offers stablecoin protection infrastructure that monitors cryptocurrency prices. In the event of fluctuations, Andro swiftly converts to other cryptocurrencies to ensure asset protection,” said Jose Pino, founder and
Infinity Capital acquires Colombian fintech Andro Leer más »
Ziff, a Mexican fintech specializing in B2B financial services in Latin America, acquired digital lending company Arrenda. Ziff provides revenue-based financing tailored to businesses with recurring revenues, especially for those without a credit history. Ziff’s model provides liquidity by funding up to 36 months of receivables. Arrenda’s product, Adelanta, employs proprietary risk algorithms that allow
Mexican fintech Ziff acquires Arrenda Leer más »
bySara Delgado February 27, 2024 No comments 1 minute read Banco Master acquired a majority stake in Brazilian neobank Will Bank. Through this acquisition, Banco Master will expand its retail customer base by incorporating Will Bank’s product offerings, such as credit cards and insurance. “Now we will have a complete digital ecosystem, with robust technology
Banco Master acquires Brazilian neobank Will Bank Leer más »
byLiliana Sánchez February 26, 2024 No comments 1 minute read Mexican pet tech Cuida Mi Mascota acquired competitor Tu Mejor Amigo for an undisclosed amount. The acquisition is expected to create cross-selling opportunities between the two companies, to continue expanding in the Mexican market. Federico Aracre, Co-founder of Tu Mejor Amigo, expressed confidence that leveraging
Cuida Mi Mascota acquires Mexican pet tech Tu Mejor Amigo 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 »
