Tagged: latin america

Startupbootcamp Fintech in Latin America Celebrates The End of Second Batch

Startupbootcamp FinTech in Latin America, a joint venture between Startupbootcamp and Finnovista, announced on Wednesday it celebrated the end of its second batch during Demo Day earlier this week. The cohort was made up by DevBlocks (Mexico), Hurra Credit (Mexico), La Plataforma (Chile), Luz Verde (Ecuador), Prometeo… Read More

Startupbootcamp Scale FinTech in Latin America Reports Final Results From First Cohort

Startupbootcamp Scale FinTech in Latin America, a joint venture between Startupbootcamp and Finnovista, celebrated this week the end of its first cohort during its Demo Day at FINNOSUMMIT Miami: a regional leading FinTech event, welcoming a total of 300 attendees. According to the venture, the… Read More

Visa Announces Strategic Investment in Mobile Payments Platform YellowPepper; Seeks to Accelerate Adoption of Mobile Payments & Tokenization in Latin America

Visa (NYSE: V) announced on Thursday it has made a strategic investment in YellowPepper, a mobile payments platform in Latin America, to help accelerate innovation in digital payment technology. Visa reported that this is the first of its kind for the credit card giant in… Read More

Fintech Startup Kyriba Increases Investments in Latin America to Accelerate Global Growth

U.S. fintech startup Kyriba Corp. announced on Monday it is increasing its investment in Latin American to help CFOs and treasurers modernize key capabilities for cash, risk, payments and working capital optimization. The company reported that as part of the expansion it has named Axel Canale as the… Read More

Augmate Awarded BitcoinLatina Grant to Promote Mexican Blockchain Development: Creating Opportunities

Augmate,  a B2B enterprise company specializing in wearable devices, has received a grant from BitcoinLatina to promote blockchain development in Latin America. BitcoinLatina provides blockchain solutions to scale Latin American consumer, enterprise, government, military, and university services and distributed applications. Its grant, which comes in… Read More

Magma Partners Announces $15 Million Fund to Support Latin American Startups; Launches China-Latin America Accelerator

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Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, announced earlier this week the first close of its second $15M fund to continue supporting the growth of U.S. incorporated startups with technology and sales teams based in Latin… Read More

Brazilian Fintech EBANX Secures $30 Million Investment From FTV Capital

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Brazilian fintech EBANX announced on Wednesday it has secured a $30 million investment from FTV Capital. The company states it is focused on helping global merchants grow exponentially and increase revenue in Latin America by offering end-to-end local payments solutions, which allows businesses to sell to… Read More

Visa Teams Up With Florida Fintech NovoPayment to Facilitate B2B Transactions in Latin America & The Caribbean 

Visa (NYSE: V) announced on Wednesday it has formed a partnership with NovoPayment, a Florida-based fintech company, to facilitate the implementation of payment solutions for Business to Business (B2B) transactions in Latin America and the Caribbean. According to the credit card giant, the companies will work… Read More

Dash Announces Partnership With Latin American Exchange BitINKA

Dash, the top digital currency for payments, today announced an integration with the leading Latin American exchange, BitINKA, providing citizens across Central and South America access to buy and sell Dash using their local fiat currency. According to Dash, the integration will provide citizens of Latin… Read More

Startupbootcamp Fintech Latin America Reports: First Cohort Secures 30 Collaboration Projects

Startupbootcamp FinTech program in Latin America, which is a joint venture between Startupbootcamp and Finnovista, announced on Monday it celebrated the end of its first batch during Demo Day. According to the program, each of the startups has collectively secured 30 pilot projects and collaborations… Read More

MOBI724 Enters Agreement With Visa; Offers Platform in Latin America & Caribbean

Canadian fintech firm MOBI724 Global Solutions Inc. announced this week it has entered into an agreement with Visa, a global payments technology company, to provide Visa clients a suite of integrated Loyalty Solutions, including MOBI724’s Card-Linked Offers & Rewards, Digital Marketing and Business Intelligence Solutions… Read More

Latin America Expansion: Startupbootcamp Fintech Announces New Fintech Program In Mexico City

Startupbootcamp Fintech announced on Wednesday the launch of its new fintech program in Mexico City. The organization revealed that the program’s debut marks its expansion into the Latin American market and deepens our mission in supporting entrepreneurship and innovation beyond borders. Startupbootcamp also reported it has teamed up… Read More

Finnovista: 2017 Will be the Year of Fintech for Inclusion in Latin America

Cofounded by Fermin Bueno and Andres Fontao who also cofounded Startupbootcamp FinTech LATAM, Finnovisita sees itself as an impact organization that accelerates fintech entrepreneurship in Spanish speaking countries, builds bridges between startups and financial institutions and facilitates the transformation of advanced financial services and the… Read More

Scotiabank Forms Partnership With QED Investors to Promote Fintech Start-Ups in Latin America

Canadian international bank Scotiabank and U.S. venture capital firm QED Investors announced on Thursday their partnership and mission to bring capital and industry expertise to select Latin American fintech companies. According to the companies, QED Investors will bring its deep expertise in the financial services sector… Read More

Brief: Uber Teams Up With Fintech Bank Bankaool to Launch Its First Debit Card in Latin America

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On Friday, Uber and Mexican fintech bank Bankaool announced they have team up to launch Uber’s first ever debit card in Latin America. The online transportation network company revealed that the Uber Bankaool card has been available since October 21st and offers users who do not have… Read More

IATAI Enterprises OnePocket Takes Flight: Secure Mobile Payment

The fintech and insurtech company IATAI Enterprises (IATAI) launched OnePocket, a frictionless and secure mobile payment method that allows customers to use Visa Checkout and in-store. The payment method was unveiled at Money20/20. Visa Checkout is an online checkout service that allows customers to make purchases from their smartphone, tablet,… Read More

US Fintech Platform Remitly Secures $38M, Expands into Latin America

Remitly, an independent mobile remittance company in the US, announced its receipt of  $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More

Finnovista: Spanish Fintech Sector Has Quadrupled in Three Years

When Finnovista first covered Spanish fintech in 2013, the site recorded only 50 startups in the sector; now, three years later, in its first edition of Fintech Radar Spain, the site identified 207 Spanish fintech startups, indicating the sector had quadrupled in three years, stats largely in line with fintech’s global trend. Cofounded… Read More

Brief: Payment Service Provider PayU Analyzes ECommerce & Fintech Potential in Emerging Countries

On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More

Afluenta Secures $8M During Series B Funding Round From International Finance Corporation & Elevar Equity

On Thursday, Argentina-based peer-to-peer (P2P) lending platform, Afluenta, announced it has secured a total of $8 million during its recent Series B funding round. Funds raised from the round were from International Finance Corporation (IFC) and Elevar Equity (each invested $4 million). Afluenta previously stated that… Read More

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