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Fintech

Fintech
·Feb. 4, 2022

Crypto-focused enterprise payment platform Tribal Credit raises $60M

Tribal Credit is expanding its crypto-focused business services across Latin America.
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Fintech
·Feb. 4, 2022

Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

Bold, a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. General Atlantic and Endeavor Catalyst joined existing backers Piton Capital, Global Founders Capital, InQLab, Kingsway Capital, Solid Ventures, Grupo Auteco, Amador and Condor Inverlink in participating...
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Fintech
·Feb. 4, 2022

Why Citi and other big banks are investing in Latin American fintechs

Recognizing that many of the region's consumers are choosing startups, companies like Citigroup, JPMorgan Chase, Goldman Sachs, Santander and Scotiabank are taking stakes in nascent payment providers.
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Fintech
·Feb. 4, 2022

Open Banking Could Become a Key Part of Brazilian Consumers’ Financial Lives: Report

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position.
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Fintech
·Feb. 4, 2022

180° Seguros snags $31.4 million to disrupt Brazil’s insurance market

The funding followed by Dragoneer, Monashees, and Atlantico is one of the largest Series A rounds ever received by a Latin American insurtech
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Fintech
·Feb. 4, 2022

Brazilian neobank next beefs up marketplace and accounts for teens

After hitting the mark of 10 million users in the last year, next wants to grow in 2022 with an independent operation from Bradesco
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Fintech
·Feb. 4, 2022

Marathon Ventures injects more capital into Colombia’s startup ecosystem

Colombia is riding some tailwinds that have occurred over the past couple of years in Latin America as investment has poured into the region.
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Fintech
·Feb. 4, 2022

Ualá Arrives in Colombia with an Investment of US$80 Million

The fintech company Ualá already operates in three Latam markets: Argentina, Mexico, and Colombia. In the latter country, it will seek to double the number of employees by 2022
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Fintech
·Feb. 4, 2022

Nexu Raises US$50 Million to Continue Loaning for Car Purchases

The Mexican company Nexu doubled the percentage of vehicle loans and is already generating $1 million in recurring revenues per month
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Fintech
·Feb. 4, 2022

Fintech veterans launch pair of grassroots funds

Two venture capital funds rose out of the primordial Substack ooze last week, both founded by voices from the fintech industry.
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