Tag: LatAm

Mexico’s digital payments service Clip secures $50m credit facility

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

Ripple brings remittance service to Brazil’s Travelex Bank

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

Mexican FinTech company Arrenda scores round of debt and equity

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

Stori becomes the latest FinTech unicorn in Mexico

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.  

Mexican FinTech company UnDosTres scores $30m round

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

Latin America governments prime ransomware targets, analysis finds

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.

Latina-founded banking-as-a-service provider NovoPayment scores $19m

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

LatAm-focused PayTech Dock hits $1.5bn valuation

LatAm-focused full-stack payments and digital payment platform Dock has reached a $1.5bn valuation after the close of a $110m growth round.

Colombian PayTech Bold scores Series B

Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.

Trio of Latin American FinTechs win equity-free grants from MetLife Foundation

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.

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