Tagged: latin america

February 17, 2020 @ 11:45 pm By Omar Faridi  |  

SoftBank, a Japan-based global conglomerate holding firm with over $283 billion in assets, will reportedly be adding another $1 billion this year to its $5 billion Latin America Fund, which was launched last year. The Tokyo-headquartered company added $1.6 billion to the fund in 2019…. Read More

January 26, 2020 @ 11:28 pm By Samantha Hurst  |  

AlphaCredit, a Latin American fintech that specializes in consumer lending and financial solutions for SMEs, announced on Sunday it has signed an equity round for up to $125 million. The round is led by SoftBank’s Latin America Fund and will notably allow AlphaCredit to continue… Read More

January 14, 2020 @ 11:47 pm By Omar Faridi  |  

Mexico-based Fintech firm Resuelve Tu Deuda has secured $453 million pesos (appr. $24 million) in funding which includes both equity and financing in order to expand its business operations within and outside of the Latin American region. The company’s investment round was led by Alloy… Read More

January 3, 2020 @ 11:15 pm By Samantha Hurst  |  

  , a Latin-America-based digital real estate platform, announced on Friday it secured $175 million through its Series C funding round, which was co-led by Vulcan Capital and Andreessen Horowitz with participation from QED Investors, Fifth Wall Ventures, Thrive Capital, Valor Capital, and Monashees. Founded… Read More

October 11, 2019 @ 3:33 pm By Samantha Hurst  |  

Cybersecurity company GM Security Technologies announced on Friday it has teamed up with Visa to accelerate the of secure, compliant and trustworthy digital payment eco-systems in Latin America and the Caribbean. Through the collaborations, the companies will be hosting a regional roadshow to educate issuers, merchants, acquires, and third… Read More

September 9, 2019 @ 9:55 am By Omar Faridi  |  

Buenos Aires-based startup SeSocio is establishing operations in Chile. The Argentine crowdfunding company will be offering its collective financing platform, which does not require a minimum investment. Co-founder and CEO of SeSocio Guido Quaranta explains how the platform can be used to invest in a… Read More

September 4, 2019 @ 12:58 pm By Samantha Hurst  |  

NovoPayment, an enabler of digital financial services for the Americas, announced on Wednesday it may now scale the deployment of Visa Direct for instant payments, P2P and P2M payments, account-to-account payments, fast funds, and mass payouts, as well as the use of Visa Token Services…. Read More

September 2, 2019 @ 8:44 am By Samantha Hurst  |  

Worldline (Euronext: WLN), a European payment and transaction services provider, announced on Monday that it and payments platform giant PayPal have extended their contract in order to facilitate mobile payments in Latin America.  Under the terms of the agreement, which was extended for an additional… Read More

September 1, 2019 @ 7:00 pm By Hernan Soler  |  

They say technology is making the world smaller by facilitating shared connections, transactions, and experiences around the globe. One result of this increased global awareness and connectedness is an increased interest in travel. Though the majority of the world has never traveled by plane, the… Read More

August 29, 2019 @ 8:39 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced earlier this week it is expanding its cloud capabilities to Latin America by late 2020. According to IBM, the new IBM Cloud multizone region (MZR), which will be in Brazil, is set to become IBM’s first in Latin America and will help clients… Read More

July 28, 2019 @ 6:00 pm By Andrés Abumohor  |  

B2B: 3 Opportunities for Fintech in Latin America Latin America’s Fintech industry is booming, with more than 1,166 Fintech startups creating more inclusive financial systems and boosting economic growth in the region. According to the recently published report Fintech in Latin America 2018: Growth and… Read More

June 10, 2019 @ 3:34 pm By Samantha Hurst  |  

VeriTran, a company that is looking to transform digital banking through its low-code platform, announced last week its official business expansion into the U.S with the opening of its Miami, Florida and New York offices. Founded in 2005, the company reported that its low-code platform… Read More

June 9, 2019 @ 4:00 pm By Katie Griffing  |  

3 Fintech Trends to Watch in Latin America Latin America is one of the fastest-growing regions in the world for mobile usage. In fact, the region ranks third for smartphone adoption globally, behind North America and Europe In 2017, the percentage of the Latin American… Read More

March 31, 2019 @ 9:04 pm By Samantha Hurst  |  

Cryptobuyer, a Latin American exchange, has reportedly partnered with Venezuelan department store Traki and has rolled out zero-fee Dash buying on its ATM network. Dash reported that Cryptobuyer currently supports it, as well as Litecoin and Bitcoin. The platform now operates both a network of… Read More

November 14, 2018 @ 10:23 am By Samantha Hurst  |  

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

October 5, 2018 @ 7:28 am By Samantha Hurst  |  

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

May 24, 2018 @ 9:22 am By Samantha Hurst  |  

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

May 14, 2018 @ 10:18 am By Samantha Hurst  |  

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

February 13, 2018 @ 11:11 am By Erin Hobey  |  

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

February 9, 2018 @ 12:00 pm By Samantha Hurst  |  

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