Tag: LatAm

Mexico-based FinTech startup Creze has reportedly raised MXN $265m ($12m) in a funding round from unnamed investors based in the country.

To become a successful payments FinTech in Latin America, it heavily relies on the ability to support local transaction options, according to Simon Davies, the managing director of EBANX in the United Kingdom.

It is common knowledge Latin America is an emerging market, but with FinTech itself being a new ecosystem, it begs the question if the region’s sector is ripe for its adoption.

Kaszek Ventures, an investment firm focused technology companies in Latin America, has secured $600m across two new funds.

Argentina-based Properati has bagged an undisclosed funding round from Big Data Scoring, which is a global credit scoring platform.

Brazilian venture capital major Monashees has closed its latest fintech, transport and healthcare tech fund on its $150 goal amount.

Micro-investing platform Dvdendo has closed its Series A round on $3.25m, to support launch in Latin America.

Latin America-focused venture capital fund alpha4 ventures has raised up to $10m for its maiden fund.

AirTM, a financial services provider for Latin America, has bagged $7m in its Series A led by BlueYard Capital.

Nubox, a small business accounting software developer, has acquired fellow company in the space Colppy.