PayPal will make a US$750m strategic investment in MercadoLibre through a common stock investment. Dragoneer Investment Group will purchase an additional US$100m of Series A perpetual convertible preferred stock. MercadoLibre…
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Village Capital awarded US$75k to Mutuo Financiera, a startup offering credit and other financial products to small businesses in Mexico, and Fintual, a Chilean robo-advisor. (Impact Alpha) The Mexican and…
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(Tech Crunch) Investment in new financial technologies is exploding globally, and as traditional players look for opportunities they’re increasingly turning their attention to technology companies in emerging markets. American Express…