Belvo has acquired Brazilian payment institution Skilopay to bolster its position as a leading account-to-account payments provider in Brazil and Latin America.
Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”
As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
Having just bagged $10m from Founder Fund and Kaszek, Belvo is now looking to strengthen its open banking offering for companies in Mexico and Colombia.