Founded in 2018, Ali offers payroll loans to the employees of its partner companies to help reduce their debt.
2TM wants to enter Chile, Colombia, Mexico, and Argentina through strategic acquisitions.
With this investment, BBVA acquires a 21.7% stake in Neon; the neobank has 15 million clients and handles more than BRL 5.8 billion per month
With the acquisition, Omie expands its banking, credit, and payment services portfolio focused on small and medium enterprises
According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
Brazilian lender Creditas announced today that it has raised $260 million in a Series F funding that values the company at $4.8 billion. That’s up from the fintech’s $1.75 billion valuation at the time of its $255 million raise in December 2020. With the latest financing, São Paulo-based Creditas has now raised more than $829 […]
Brazilian financial services provider Dock said on Friday it will start using cryptocurrencies to process international remittances as it expands to Latin America and Europe.
Brazilian fintech Ebanx expects to double its business in the Mexican market for a second year in a row in 2022 as it pushes further into Latin America's No. 2 economy, the company's co-founder told Reuters.
If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Companies that offer banking as a service and help other businesses offer their own financial services and products in particular continue to rake in the dollars.
Nomad, a Latin American fintech that enables Brazilians to establish bank accounts in the United States, has announced a R$160 million ($32 million) fundraising.