byRegina Pernaz April 9, 2024 No comments 1 minute read Mobility startup Lolocar acquired its counterpart in Uruguay, OlaCar, to expand operations across borders. With the acquisition of Olacar Lolocar enters Uruguay with about 90 cars and plans to hit 400 vehicles registered by next year. “This will allow us to start strongly in Uruguay, […]
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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
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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
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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
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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 22, 2024 No comments 1 minute read Hotmart, a Brazilian platform that allows creators to sell digital products, acquired Brazilian generative AI startup Reshape for an undisclosed amount. Hotmart was previously Reshape’s client and seed investor. The acquisition aims to increase the addressable market for creators by offering them transcription and translation
Hotmart buys AI startup Reshape Leer más »
byErik Maestre December 20, 2023 No comments 1 minute read Colombian startup Carryt, which provides last-mile logistics services, acquired Liftit’s operations in Brazil for $800k. “We aim to be the provider that not only delivers orders but also strategically activates campaigns based on purchase analytics.”, said Daniel Cuervo, founder, and CEO of Carryt. This startup operates in
Carryt acquires Liftit’s operations in Brazil for $800k Leer más »
