Fintech

General Atlantic led an undisclosed Series B for Klar, a Mexican personal finance management and lending platform with follow-on from Prosus Ventures, Quona Capital, Mouro Capital, IFC and WTI. Prosus…

Torq Ventures, a ~USD10m CVC fund launched by Brazilian software developer Sinqia, led a ~USD11m round for Celcoin, a Brazilian open finance infrastructure developer for fintechs targeting the underbanked, with…

Accion Venture Lab and K50 Ventures led a USD3.8m round for Dinie, a Brazilian lending platform, with participation from Flourish Ventures, DOMO Invest, Tribe Capital and Capital Lab. Dinie recently…

Marco Financial, a Miami-based lending platform for Latin American SMEs conducting international trade, raised a USD7m seed round from Kayyak Ventures, Village Global, Flexport Ventures, Tresalia Capital, 342 Capital, Struck…

Colombia’s Kandeo exited Finsocial, a Colombia-based fintech focused on payroll deduction loans, via a sale to unnamed international investors. Kandeo invested in 2018.  (La República) Los accionistas de la fintech…

MFO Turim led a ~USD2.4m round for Guru, a Brazilian retail investment platform, with participation from Discovery Ventures, SumUp, Norte Ventures and angels from iFood and Gympass. (Startupi) – A Guru, fintech…

SoftBank invested USD200m in Brazilian bitcoin exchange Mercado Bitcoin, at a reported USD2.1b valuation. GP Investimentos’ Inova Fund and Parallax Ventures led a ~USD40m round in January; this is the…

Movile invested ~USD34m in Zoop, a Brazilian white label fintech platform for startups and SMEs. Movile led a ~USD12m round in 2020 and a USD18.3m round in 2019.  (Istoe Dinheiro)…

IDB Invest, Blue Like an Orange and Mexico Ventures led a USD27.5m round in kubo.financiero, a Mexican peer-to-peer lending platform, with participation from Dalus Capital, and follow-on from Bamboo Finance…

Cora, a Brazilian lending platform for SMEs, raised ~USD1.8m from its employees at the same terms offered to Ribbit Capital, KASZEK, Greenoaks and QED Investors when they participated in the…