Fintech

General Atlantic and SoftBank made an undisclosed investment in Mexican payments startup Clip. Reuters reports a round near US$100m at a valuation near US$400m. (Reuters) Japan’s SoftBank Group invested about…

Variv Capital and Austrian VC Speedinvest made an undisclosed investment in Bnext, a Spain-based marketplace for financial products. (Press Release) VARIV II invested in Bnext’s latest round. Speedinvest, an Austrian…

Brazilian credit marketplace FinanZero raised R$42m from Atlant Fonder, Dunross & Co, Vostok Emerging Finance and others. FinanZero was founded by CEO Olle Widén in 2016 with Webrock Ventures and…

e.Bricks Ventures made an undisclosed Series A investment in Bcredi, a Brazilian real estate credit fintech. Bcredi was founded in 2017 as the digital arm of Banco Barigui and spun…

Tencent made an undisclosed investment in Ualá, an Argentine mobile banking app. Goldman Sachs led a US$34m investment in Ualá in 2018, with participation from monashees, Ribbit Capital, Jefferies Group,…

Global Founders Capital and Brazilian angels invested R$5.7m in Brazilian CaaS platform Zen Finance. GFC previously invested R$1.3m. (Valor) A fintech de crédito Zen recebeu aporte de R$ 5,7 milhões…

Latinia, a Barcelona-based software development company, led a US$500k investment in Facturedo, a Chilean invoice discounting marketplace. Facturedo participated in Startupbootcamp Fintech Scale in 2018. The company says they’ve financed…

Propel Ventures led a US$13m investment in Conekta, a Mexican fintech enabling cash payments for over 1,000 online merchants, with participation from Variv Capital and FEMSA Comercio. Jaguar Ventures invested…

Krealo, Credicorp’s open innovation arm, acquired the digital business unit of Chilean payments company Multicaja for US$19m. (Press Release) Lima, PERU, March 27th, 2019 – Credicorp Ltd. announces to its…

Distrito and Parallax Ventures are partnering to invest up to R$10m in Brazilian fintechs. Parallax investments include fintechs CERC, Monkey, goLiza, Ali Crédito, Asaas, and healthtech Bright. (Startupi) A plataforma…