BankFacil Receives R$15m Series A (em português)

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(Valor Econômico) Brazilian online lending startup BankFacil has received a R$15m series A-II round from new investor Kaszek Ventures and previous backers Redpoint and Quona Capital. Read more

Bamboo Finance Invests US$6m in Colombia’s Movilred

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(Press Release) Bamboo Finance announced its Financial Inclusion Fund II’s first investment of US$6m in Movilred, the largest network of banks and transnational services provider in Colombia. Read more

EPG Partners Exits Nubox with Sale to Riverwood Capital (en español)

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(Diario Financiero) Nubox, a Chilean firm that offers accounting, payroll and billing software as a service (SaaS), plans to invest US$12mn over the next five years in expansion and upgrades boosted by an investment from Riverwood Capital. Read more

ALLVP Invests in Fintech Company Visor

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(Press Release) The Most Active Fund in the Early Stage Venture Capital Industry Announces its 3rd investment in the high- potential fintech sector with Visor. Read more

Warburg Pincus Completes Fundraising for US$12b Global Private Equity Fund

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(Press Release) Warburg Pincus, a leading global private equity firm focused on growth investing, today announced it has successfully raised its latest global fund, Warburg Pincus Private Equity XII, L.P. (“Warburg Pincus XII”). Launched in May 2015, Warburg Pincus XII has received third party commitments significantly in excess of its $12 billion hard cap. Read more

Elevar Equity Fund III Raises US$74m

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(PEHub) Elevar Equity said Wednesday that its third venture capital fund closed at US$74 million. Elevar Equity III L. P. will focus on commercial investments in early stage companies providing financial services, education, housing and healthcare to low-income communities primarily in India and Latin America. Investors of Fund III include the Rockefeller Brothers Fund, Oblate International Pastoral Investment Trust, JPMorgan Chase & Co., Omidyar Network, Prudential Financial Inc., the Rockefeller Foundation, Blue Haven Initiative, Treehouse Investments as well as family offices, private foundations and a university endowment. Read more

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