Tag: Latin America

ePesos, a Mexican mobile payments startup, has landed a $6m investment in a round led by Santander's venture capital fund.

Colombia-based accounting and administrative software provider Siigo has secured an undisclosed investment from Accel-KKR, which is its first investment in Latin America.

Price comparison platform ComparaOnline has reportedly picked up a $14m in a new funding round.

Brazil-based SmartMEI has secured an undisclosed funding round from Accion Venture Lab and Canary Ventures.

Latin America’s unique payments situation could be a major opportunity for investors and startups according to Mariano Belinky from Santander InnoVentures, in a research interview with FinTech Global.

Fintonic has raised €25m in a funding round seeing commitments from ING Group and PSN, among others.

Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.

The global market for retail point-of-sale (POS) terminals is projected to shoot up to $33.4bn in the next five years as mobile payments are overtaking the sector.