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Fintech

·Oct. 29, 2021

Fintech earnings begin before Halloween

On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.

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Fintech

·Oct. 29, 2021

Brazilian insurtech Justos raises a $35M Series A

The company uses AI to make a better assessment of insurance policies and have faster claims processes.

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Fintech

·Oct. 29, 2021

BBVA and 500 Global to Identify High-Potential Startups for Financial Services

BBVA and 500 Global have entered an agreement for 500 Global to implement an Intelligence Platform that would support BBVA’s ability to 'identify new startups, technologies and emerging trends with the potential to impact the future of the most innovative industries, and by extension, the

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Fintech

·Oct. 29, 2021

Big Techs pagarían a entidades financieras para acceder a información de usuarios

Más de 2,200 entidades estarían obligadas a compartir datos; se prevé cobro de contraprestaciones.

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Fintech

·Oct. 29, 2021

Torpago Raises $77 Million, Valued at Over $1 Billion

Torpago, spend and expense management Fintech, has raised $77 million claiming a valuation of over $1 billion. In a release, Torpago said it raised $2 million in seed funding and a warehouse of $75 million to support the expansion of its platform. The funding round

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Fintech

·Oct. 29, 2021

Monashees backs grain trading startup Tarken –

Tarken connects grain buyers and sellers around more transparent pricing for commodities, starting with corn.

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Fintech

·Oct. 29, 2021

EBANX Acquires B2B Fintech Juno, a Brazilian Payments Firm Streamlining Digital Commerce

EBANX, a Fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country. Juno, one of the key players in the domestic

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Fintech

·Oct. 29, 2021

O novo fundo para investir em fintech criado por Honey Island e 4UM

O fundo da Honey Island e da 4UM pretende investir em até 15 negócios early-stage nos próximos quatro anos

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Fintech

·Oct. 29, 2021

Nubank, Chime, and the push for challenger bank IPOs

Chime raised $1.1 billion in an August series G, at a cool $25 billion valuation. From January through June, Nubank raised a whopping $1.1 billion series G to match $30 billion V.

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Fintech

·Oct. 29, 2021

Bitcoin Goes Green as Mogo Introduces Climate-Positive BTC

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO), a virtual payments and financial tech firm, has introduced ‘green’ Bitcoin, an initiative which 'makes all Bitcoin purchased on the Mogo platform climate positive.' For every Bitcoin bought via its platform, Mogo will plant 'enough trees to completely offset the CO2

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