Tag: Mexico

Funding in H1 2021 already surpassed last year’s total by $4.7bn, fueled by sizeable deals over $50m

Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.

Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.

Graviti, a buy now pay later (BNPL) platform focused on unbanked in LatAm, has reportedly scored a $2.5m seed round.

Mexican challenger bank Fondeadora has reportedly added an additional $14m to its Series A round.

Employee financial wellness platform Minu has scored $14m in its Series A round, which was led by FinTech Collective.

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

Mexican challenger bank albo has secured $45m as plans on becoming the nation's answer to Chime.

Arcus, which stylises itself as a FinTech-as-a-service platform, has collected an undisclosed investment from Citi Ventures.

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.