Andreessen Horowitz, KASZEK and monashees led a USD10m seed round for Yuno, a Colombian checkout platform, with participation from Nazca, ONEVC, Latitud and Bridge Partners. Yuno was founded by Rappi…
Payments
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Tiger Global led a USD55m Series B for Bold, a Colombian payment platform for micro and SMEs, with participation from General Atlantic and Endeavor Catalyst, and follow-on from Piton Capital,…
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ZigPay, a Brazilian payment platform for bars and restaurants raised ~USD8m from angels Edgard and Diogo Corona (SmartFit) and Ricardo Goldfarb (Lojas Marisa). (Baguete) – A ZigPay, fintech especializada em…
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Alkeon Capital led a USD150m round for dLocal, a Uruguay-based cross-border payment platform, with participation from BOND, D1 Capital Partners and Tiger Global, at a reported USD5b valuation. General Atlantic…
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KaszeK Ventures Leads a US$10m Investment in Cora
4 December 2019KaszeK Ventures led a US$10m investment in Cora, a Brazilian fintech lending to small and medium businesses, with participation from Ribbit Capital. This is Cora’s first disclosed financing. (TechCrunch) It…
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GlooPay, a Brazilian payments startup focused on the under-banked, raised R$1.2m from North Star and Axen Capital. (Startupi) O GlooPay, uma fintech que oferecerá opção de pagamento compartilhado para desbancarizados…
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FTV Capital Makes a Follow-on Investment in EBANX – Now a Valuation of US$1b (em português)
16 October 2019FTV Capital, a US-based growth equity firm, made an undisclosed follow-on investment in Brazilian payments processor EBANX at a reported valuation over US$1b. FTV Capital invested US$30m in 2018 with…
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Distrito Ventures Invests in Brazilian Fintech Ali Credito
18 December 2018Distrito Ventures made an undisclosed investment in Ali Credito, a Brazilian consumer credit platform. (Distrito Ventures) Distrito Ventures made an undisclosed investment in Brazilian fintech Ali Credito – a master servicing platform for…
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TPAGA Co-Founder Andrés Gutiérrez on Bringing Mobile Payments to Colombia’s Unbanked
6 February 2018TPaga is a Colombia-based mobile payment platform for the unbanked. In 2017, Silicon Valley fund Green Visor Capital led a US$2.5m investment in Tpaga, and Y Combinator invested US$120k. Co-founder Andrés Gutiérrez talks with LAVCA about how TPaga emerged from running Tappsi, a Colombian taxi app that merged with Easy in 2015, the opportunity to bring mobile payments to the unbanked, and the importance of competition.
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The International Finance Corporation (IFC) is considering making an equity investment up to US$2.25m in Brazilian Fintech company Koin to fund the company’s expansion plans. (Economia & Negócios) A International…