bySara Delgado June 13, 2024 No comments 1 minute read Chilean fintech Shinkansen closed an investment from Krealo, the Corporate Venture Capital arm of the Peruvian group Credicorp. As part of the investment , Krealo will connect Shinkansen with the holding company’s bank, Banco de Crédito del Perú, enabling the fintech to leverage the bank’s […]
Shinkansen closes investment from Krealo Leer más »
byRegina Pernaz June 13, 2024 No comments 1 minute read Belo, an Argentinian fintech offering digital wallets to global freelancers and remote workers, announced a new feature that enables users to receive ACH transfers directly into their wallets. Belo’s solution makes it easier for Latin American-based workers earning income from the US, to get paid
Belo introduces ACH dollar transfers into its digital wallets Leer más »
byHellen Villena June 12, 2024 No comments 1 minute read B2C remittance solution Félix raised a $15.5M Series A round led by Castle Island Ventures, with participation from Switch Ventures, HTwenty Capital, Contour Venture Partners, MELI Capital, Mercado Libre’s corporate venture arm. The funding follows their $7.8M pre-seed extension in September 2023. Félix will use
Mexican fintech Félix Pago secures $15.5M Series A Leer más »
byHellen Villena June 7, 2024 No comments 1 minute read Brazilian fintech Kanastra raised a $20M Series A led by Kaszek, with participation from Valor Capital Group, QED Investors, Quona Capital, and Atlantico. The funding comes a year after their $13M Seed round in June 2023. Kanastra will use the funds to further develop its
Kanastra lands $20M Series A led by Kaszek Leer más »
byHellen Villena May 31, 2024 No comments 2 minute read Nubank and Rappi were the only two Latin American companies named in TIME100’s Most Influential Companies of 2024. Rappi, founded in 2015, made its first appearance on the TIME100 list. The super app was named in the leaders section beside category-defining companies like Pinterest and
Nubank and Rappi featured in TIME’s 100 Most Influential Companies of 2024 Leer más »
byRegina Pernaz May 28, 2024 No comments 1 minute read Welbe Care, a Mexican healthtech offering occupational health management solutions for SMEs, raised a $7M Series A co-led by Volpe Capital and the International Finance Corporation (IFC) of the World Bank Group. NAZCA, Kortex, GreenRock, Marathon, and Parceiro Ventures also participated in the round. Welbe
Healthtech Welbe Care Raises $7M in Series A 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 »
bySara Delgado May 23, 2024 No comments 1 minute read Chilean fintech BTrust raised a $1.5M seed round led by Invexor, with participation from three other angel investors. BTrust will use the funds to expand operations and improve fraud detection by identifying and alerting invoice anomalies. BTrust is a SaaS-enabled factoring marketplace that allows SMEs
BTrust lands $1.5M in seed funding Leer más »
byMatheus Tomé May 22, 2024 No comments 1 minute read Mexican fleet management startup Ruedata raised $2M in a seed round led by Barn Investimentos. New Ventures Capital, Fondation Botnar, Avalancha Ventures, Venture Do, Helene Ventures, Orca Climate Fund, Flecha Amarilla Ventures, Grupo Huerpel, and Enlaces also participated in the round. Ruedata will use the
Ruedata raises $2M seed round Leer más »
Argentine unicorn Vercel raised $250M in a Series E funding round led by Accel, with participation from CRV, GV, Notable Capital, Bedrock, Geodesic Capital, Tiger Global, 8VC, and SV Angel. This round valued Vercel at $3.25B, a $750M markup since its $150M Series D in November 2021. Vercel will use the funds to enhance its
Argentine unicorn Vercel secures $250M Series E Leer más »
