Tag: Brazil

Brazilian InsurTech startup 180° Seguros has netted $31.4m in its Series A funding round, which was led by 8VC.

Brazilian bank Itaú Unibanco is set to acquire a stake in digital and cloud-based brokerage firm Ideal.

Clara, a Mexico-based corporate spend management solution, has joined the unicorn club following the close of a $70m Series B.

A trio of FinTech companies have been selected to receive equity-free grants as part of Village Capital Finance Forward Latin America 2021, an investment-readiness program.

Brazilian firm TruePay has secured $32m from a financing raise led by venture capital company Addition. being described as one of the largest ever Series A rounds in Brazil.

Brazilian neobank Z1, which is aimed at providing teenagers with a digital bank account, has reportedly scored $10m in its Series A funding round.

FinTech companies in the region raised $9.7bn so far in 2021 boosted by huge funding rounds in Brazil

Swap, a bank-as-a-service platform based in Brazil, has capitalised on its 300% customer base growth with the close of a $25m Series A investment.

Brazilian InsurTech company Justos has collected $35.8m in its Series A round, which comes just months after its seed close.

Hash, a Brazilian FinTech company that provides payment infrastructure for B2B companies, has reportedly raised $40m in Series C funding.