Tag: LatAm

Online payment solution AstroPay has teamed up with cryptocurrency exchange Huobi Global to provide fiat to crypto payment services in Latin America.

Colombian FinTech company Finaktiva has reportedly raised $25m in a mix of debt and equity.

Chile-based Xepelin, a payment platform for business and financial services for SMEs in Latin America, has reportedly received a $140m loan from Goldman Sachs.

Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.

Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.

Mexican FinTech startup Arrenda has reportedly collected $26.5m in a funding round composed of debt and equity.

Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.  

Mexico-based payments platform UnDosTres has reportedly collected $30m in its Series B funding round, which was led by IDC Ventures.

An analysis from the Inskit Group has found that some Latin American governments may be ‘easy targets’ for ransomware due to a lack of cyber resources.

NovoPayment, a Latina-founded banking-as-a-service provider, has scored $19m in its Series A funding round.