Crabi, an Insurtech in the auto insurance sector, has raised $4 million in seed funding, according to a release. The funding was led by LatAm VC Kaszek Ventures with participation from Tuesday Capital and Redwood Ventures. Crabi states that there are more than 50 million… Read More
Read more in: Global, Insurtech | Tagged crabi, daniel bernardez, javier orozco, kaszek ventures, latam, mexico, nicolas berman
Bitso, a Mexico based crypto platform, has received a $62 million investment from Kaszek Ventures and QED Investors. The series B funding represents the first foray into cryptocurrency for both QED Investors and Kaszek Ventures. The digital asset platform says this is the first major… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged argentina, bitso, brazil, kaszek ventures, latam, mexico, nicolas szekasy, nigel morris, qed investors
Igor Senra and Leo Mendes, founders of online payments company MOIP, which was acquired by WireCard in 2016, have raised $10 million in order to help fund the operations of a new company, called Cora. Senra and Mendez developed their first business by providing services… Read More
Read more in: Global, Fintech | Tagged brazil, Cora, Igor Senra, kaszek ventures, latam, Leo Mendes, ribbit capital, smbs
Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in the startup Creditas, a leading Brazilian secured lending platform. Creditas is Santander InnoVentures, Santander’s USD 200 million corporate VC fund, first investment in Brazil and second in Latin America. Creditas increased of… Read More
Read more in: Fintech, General News, Global | Tagged amadeus capital, brazil, creditas, kaszek ventures, manuel silva, qed investors, quona capital, santander, santander innoventures, sergio furio, underbanked, vostok emerging finance
Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged accion frontier inclusion fund, jaguar ventures, kaszek ventures, konfio, mexico, qed investors, quona capital
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