QED Investors led a US$22.5m Series B in Brazilian digital brokerage Warren, with participation from Mercado Libre’s MELI Fund, WPA and Quartz, and follow-on from KaszeK Ventures, Chromo Invest, and…

Accountfy, a Brazilian B2B financial planning and analysis platform, raised a U$6.5m round from Redpoint eventures and Chilean insurance conglomerate HDI Seguros. (Valor Econômico) A gestora Redpoint eventures e a…

Brazilian fintech BTX Digital raised R$10m from RedLions Capital and partnered with Hubchain Technologies. (Tiinside) Desde os primórdios, 6% da sinergia da receita financeira de empresas são deixadas para os…

A presidential decree in Brazil will ease foreign investment into credit-related fintechs. Previously, financial services companies with foreign capital could only operate in Brazil by presidential decree. Now, for companies with foreign capital that are working on credit and lending, such a decree is no longer needed.

Innova Capital led a R$22m Series A investment in Bom Pra Crédito, a Brazilian consumer lending platform, with participation from Astella Investimentos. Astella led the seed round in 2017. 

Nubank doubled its valuation to US$4b this year with a US$180m investment from Tencent, representing about a 5% stake in the company. US$90m was a direct investment from Tencent; the other US$90m in equity was purchased from existing shareholders. In March 2018, DST Global led a US$150m round in Nubank at a valuation over US$2b, with participation from Thrive Capital, Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital, and QED Investors. Previous investors include KaszeK Ventures, Sequoia Capital, and Tiger Global Management. Tencent’s last disclosed direct investment in Latin America was a 2017 Series B in Satellogic, an Argentine space exploration platform.

Stone Pagamentos IPO’d on the Nasdaq, raising US$1.1b for an initial market cap of almost US$6.6b. Investors include Ant Financial (Alibaba’s investment arm), Madrone Partners (Walton family), Berkshire Hathaway, Tiger Global, Actis, Gávea Investimentos, Valor Capital, and 3G Capital’s founders Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira. 

Creation Investments Capital Management made a MX$250m investment in Pluscorp, a Mexican financial services company.

Prosegur Tech Ventures, invested R$15m in fintech Concil, its first contribution to a Brazilian company this year. 

German-based Global Founders Capital made an undisclosed investment in Zen Finance, a Brazilian fintech focused on credit-as-a-service. Philipp Povel, founder and CEO of Dafiti, and Carlos Eduardo Norbert of Petronia Capital also participated in the round.