Tag: Brazil

Flourish Savings, a digital engagement platform aimed at financial institutions, has reportedly raised $1.5m in a fresh funding round.

Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

FinTech companies in Latin America raised nearly $2.9bn with funding in Brazil accounting for $1.84bn

TerraMagna, an agriculture FinTech company, has closed its seed round on an undisclosed amount.

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

Brazilian FinTech BizCapital has raised $3.55m in a new funding round led by Dutch investor Oikocredit with the participation of the group Wharton Alumni Angels.

Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.

Quasar Flash has reportedly raised $4.5m in its Series A round to help it deepen its credit risk analytics.

Brazil-based digital identity business Acesso Digital has closed a $108m investment, which is one of the largest of its type in the region.