Tag: Latin America

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.  

Embedded financial technology firm Inswitch has partnered with crypto payment technology company Binance Pay to expand the latter’s offering in Latin America.

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

Alviere, which offers embedded finance software, has received financing from Silicon Valley Bank to support its growth in Europe and Latin America.

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

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

FinTech Mobi724 Global Solutions has entered into an agreement to acquire all the shares of Avenida Compras for $4m.

Latin America accounted for 3% of new FinTech unicorns in 2021. Although Mexico registered the most unicorns in 2021 the highest valued spot was...

Brazilian InsurTech startup 180° Seguros has netted $31.4m in its Series A funding round, which was led by 8VC.