Tag: Latin America

Brazil-based digital bank has C6 Bank received an investment from JPMorgan Chase, which sees it take a 40% ownership stake in the FinTech.

Virginia-based venture capital enterprise Qed Investors has concluded a $12m network-driven fund to bolster seed and pre-seed FinTech companies in Latin America.

FinTech companies in the region raised over $1.1bn in the first quarter of the year with Loft and Nubank closing large investments.

Loft, which claims to be the largest and fastest-growing real estate platform outside the US and China, has reached a $2.9bn valuation after close of its Series D-2 round.

Chilean FinTech Colektia has secured $4.2m in a Series A investment round on the back of a record year for Latin American FinTech companies.

Flink, which offers an investment app, has scored $12m in its Series A round, which will help it expand across Latin America.

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

Mozper is the latest FinTech lining up to digitalise children's pocket money and has just secured $3.55m in seed capital to expand across Latin America.

FinTech companies in the region raised over $1.9bn across 128 transactions in the first nine months of 2020. The FinTech industry in Latin America...

Money exchange platform Valiu has scored $5.25m in its seed round, as it continues its ambition of financially empowering people in Latin America.