Fintech

Quona Capital led a US$15m round in ADDI, a Colombian point-of-sale lending platform, with participation from Foundation Capital, S7 Ventures, as well as returning investors Andreessen Horowitz and monashees.  (Contxto)…

The following resource was shared with LAVCA by ALLVP based on a communication they sent to their investors. The statement shares the fund’s view on the gradual recovery of social…

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…

DILA Capital led an undisclosed Series A in payments platform Kushki, with participation from KaszeK Ventures, Magma Partners, Clocktower Ventures and Conexo. (Contxto) Ecuadorian/Colombian Kushki closed its Series A for an undisclosed…

Telefonica, through its Innovation Ventures, made an undisclosed investment in Brazilian VC Redpoint eventures. (Medium) Novas diretrizes da estratégia global de inovação aberta da Telefónica reforçam a relevância do mercado…

Quona Capital closed its second fund with US$203m in commitments. The fund’s anchor investor, sponsor, and general partner is Accion and the capital will be used to target financial inclusion…

Magma Partners closed its third fund with US$50m in commitments, including US$4m from IDB Lab, to invest in Latin American startups. (LatAm List) Magma Partners, an early-stage investment firm with…

Adobe Capital made an undisclosed investment in Puntored, a Colombian digital payments platform. (Contxto) Colombian fintech, Puntored, will be investing just shy of US$6 million (COP$20 billion) into strengthening its…

Telor and Morcote Holdings led a R$5.5m investment in Click Cash, a Brazilian personal credit app. (Startupi) O aplicativo ClickCash levantou o montante de 1,2 milhões de euros (R$ 5,5…

QED Investors closed its sixth fund with US$350m in commitments. QED’s Latin America portfolio includes Nubank, QuintoAndar, Creditas, Konfio and others (Press Release) QED Investors Closes $350 Million Fund VI…