Unifin to End IPO Drought (en español)

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(El Financiero) Unifin Financiera, a financial services company on Mexico, will be made public on the BMV with a mixed global public offering of 112 million common shares on May 22, which would end a five month IPO drought. Read more

Advent International to Acquire a Stake in Grupo Financiero Mifel

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(Press Release) Advent International, one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire a stake, through a capital injection, in Grupo Financiero Mifel (“Mifel”), a leading Mexican bank serving the mass-affluent retail segment. The transaction, subject to regulatory approval and certain closing conditions, is expected to be completed in the first half of 2015. Read more

Concil Receives Contribution of R$1m from the Paulista Innovation Fund

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The Concil, a company specializing in credit reconciliation, received an investment of R$1m from the Paulista Innovation Fund, founded by the SP – Paulista Development Agency. The fund is a part of the São Paulo government sponsored São Paulo Inova Program. Read more

Alta Ventures Backs kubo.financiero

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(Press Release) kubo.financiero adds new partners to its capital structure: Alta Ventures México and Capital Emprendedor with an investment of US$1.7m to reach a total of US$3.7m of capital. Read more

Precifica Receives R$3m from Hi Partners (em português)

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(E-commerce News) Precifica, an intelligent pricing platform for businesses, announced an investment of R$3m from Hi Partners, a holding company focused on innovative Tech and Internet companies. The investment will be used to improve the platform. Read more

Management Startup Nibo Receives Investment from Two Funds

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(Exame) Nibo, the financial software management company for small and medium businesses, announced today a new investment from funds Redpont e.Ventures and Valor Capital Group. In addition, the startup launched a new tool to facilitate communication between entrepreneurs and accountants. Read more

Ainstec Receives Contribution of DGF Investimentos

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(Monitor Digital) Ainstec, a credit card and accounting consolidation services company, announced received an investment from DGF Investimentos, a private equity and venture capital investment group. Read more

GuiaBolso Receives Investment from Kaszek Ventures (em português)

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(Exame) Start-up GuiaBolso.com announced its second round of funding. This time, Kaszek Ventures led the investment with the participation of e.Bricks and Valor Capital. Read more

Kueski Secures First Round of Funding Led by Crunchfund, Core Ventures Group and Angel Ventures Mexico

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(Press Release) Kueski, the leading online micro-lending platform for Mexico and Latin America, announced its first round of investment totaling US$1.3m, backed by some of the most prominent Venture Capital funds in Mexico and the United States. Read more

Nexxus Capital Exits Crédito Real (en español)

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(Press Release) Nexxus Capital, one of the leading private equity fund managers in Mexico, exited a financial services company Crédito Real, dividing between business investors the remaining interest. In 2007, the firm’s fund Nexxus Capital Private Equity Fund III invested close to US$20m in the business. Read more