IDB Invest has committed US$10m to SEAF Caribbean SME Growth Fund. The investment will contribute to the development of the Caribbean private equity investment ecosystem. (Press Release) IDB Invest, a member…
Financial Inclusion
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PC Capital’s Te Creemos Acquires Finsol
October 9, 2020PC Capital investment portfolio company Te Creemos Holdings acquired the loan portfolio and certain operating assets of Financiera Finsol, subsidiary of Financiera Independencia, company focused on microfinance banking in Mexico. …
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Colombian credit placement platform Avista raised a US$75m credit line led by undisclosed financial institutions. Avista was founded in 2019 and previously raised US$2m in seed funding. Avista provides credit…
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Carrefour Brasil Acquires a 49% Stake in Ewally (em português)
October 1, 2019Retailer Carrefour Brasil acquired a 49% stake in Ewally, a Brazilian fintech building inclusive banking services on the blockchain. (Exame) O varejista Carrefour Brasil informou nesta terça-feira, 1, que assinou…
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Axon Partners Invests in Billpocket
September 20, 2019Axon Partners made an undisclosed investment in Billpocket, a Mexican payments fintech. (Press Release) Axon Partners Group, through its Amerigo Ventures Pacífico Fund, invested an undisclosed amount in mobile payments…
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Patricia Saenz (Mountain Nazca Colombia) and Paula Arango (Elevar Equity) Launch EWA Capital (en español)
September 7, 2019Patricia Saenz (Mountain Nazca Colombia) and Paula Arango (Elevar Equity) joined forces to launch EWA Capital, a VC fund seeking US$30m to focus on investing in women entrepreneurs. (La República) …
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Credijusto, a fintech startup that provides affordable financing to SMEs in Mexico, raised US$42m from Goldman Sachs, Point72 Ventures and others. Goldman invested via its Principal Strategic Investments group. Goldman…
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Inter-American Development Bank Invests US$500k in Zolvers
April 22, 2019Digital hiring platform Zolvers raised US$500k from the IDB. Zolvers is based in Argentina and run by Founder & CEO Ceciila Retegui. NXTP Labs invested previously. (Latam List) Zolvers, a…
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Omidyar Network spun off its financial inclusion investment arm as Flourish Ventures. The new firm launches with US$300m in capital for investments (equity and grant) and operations, and will maintain…
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Fiinlab Invests in Polymath Ventures’ Aflore
March 28, 2017Fiinlab, an innovation lab owned by Mexican financial inclusion group Gentera, has made a Series A investment in Aflore, a Polymath Ventures portfolio company and financial services startup based in…