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

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

EcoRodovias Sells Remaining STP Stake to Private Equity Group

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(Latin Lawyer) Pinheiro Neto Advogados has helped Capital International buy a stake in a Brazilian electronic payments company for US$72.5 million. Read more at Latin Lawyer.

Darby Acquires Majority Stake in Acrecent

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(PEHub) Darby Private Equity has acquired a majority stake in Acrecent Financial Corp., a commercial finance company operating in Puerto Rico and the Caribbean. No financial terms were disclosed. Read more

ContaAzul Raises Series B Funding

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(Press Release) JOINVILLE, Brazil – November 4, 2013 – ContaAzul, the leading provider of easy-to-use SaaS accounting and invoicing solutions to SMBs in Brazil, today announced it has raised a Series B round of financing. Series-A backer Ribbit Capital, a venture capital firm focused on the financial services industry, led the investment round, with participation from Valar Ventures and existing investors Monashees Capital and Napkn Ventures.” Read Full Press Release.

Advent International to Buy 50% Stake in Alianza Fiduciaria from Organización Delima

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(PEHUB) Advent International and Organización Delima said on Wednesday that Advent will acquire 50% stake in Alianza Fiduciaria from Organización Delima. No financial terms were disclosed. Based in Bogotá, Columbia, Alianza Fiduciaria is a trust company. Read more