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FinTech companies in the region raised over $1.1bn in the first quarter of the year with Loft and Nubank closing large investments.
Mexican challenger bank Fondeadora has reportedly added an additional $14m to its Series A round.
Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.
Latino challenger bank Fondeadora has collected $14m in a Series A round led by Gradient Ventures.