Tag: Latin America
Paysafe to acquire SafetyPay in $441m all-cash deal
Specialised payments platform Paysafe has bolstered its payments footprint after it signed an agreement to purchase ecommerce payments company SafetyPay for $441m in cash.
Latin America sees boom in FinTech investment in Q2 fueled by...
Funding in H1 2021 already surpassed last year’s total by $4.7bn, fueled by sizeable deals over $50m
Guros hits $30m valuation after close of latest funding round
Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.
Lemon Cash said to raise $16.3m in Series A funding
Argentinian crypto exchange Lemon Cash has reportedly raised $16.3m in its Series A round, which was led by Kingsway Capital.
InsurTech aimed at emigrants asistensi said to raise ?8.9 investment
Spain-headquartered InsurTech company asistensi has reportedly collected ?8.9m in a funding round, which was led by 468 Capital.
Clara lands Series A extension to support Brazil growth
End-to-end spend management solution Clara has extended its recently closed Series A by an additional $5m. The fresh equity was supplied by angel investors and...
SME lending platform Marco scores $82m in seed funding
Marco, a digital lending platform for SME traders, has scored $82m in its seed funding round, which was led by Kayyak Ventures.
JP Morgan Chase acquires 40% stake in Brazil-based C6 Bank
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 VC closes seed, pre-seed fund to support LatAm FinTechs
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 investment in Latin America had a strong start to 2021...
FinTech companies in the region raised over $1.1bn in the first quarter of the year with Loft and Nubank closing large investments.