With the investment, Portão 3 plans to expand its team and its line of products and services, including corporate credit cards.
For entrepreneurs looking to overcome these challenges, revenue-based financing is a compelling alternative.
VC funding has taken a hit this year however Arc co-founder and CEO says all is not lost. This could be the time for fintech alternatives.
Look beyond the initial aftereffects of recent market shocks and there are plenty of positive developments happening in blockchain-related industries, the leader of a global investment firm believes.
Four months after launching, Colombian fintech Plurall raised $20 million in debt from Fasanara Capital, a London-based global fund.
Endaoment announced the completion of a combined fundraising round of $6.67 million in a mix of charitable donations and investment capital.
Digital customer service tech as a service firm Glia raised a $45m Series D, landing unicorn status of $1 billion in total valuation.
Venture capital funding to LatAm startups droped 70% to $1.3 billion in the quarter, down from $4.1 billion in the year-ago period.
Building B2B services for the startup ecosystem, Secfi announced the edition of Equity Education products to help more startups.
Steps are being made to close the gender divide in fintech, but lack of access to funding can be crippling to female-led firms.
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