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LatAm

Cortex
LatAm
·Nov. 8, 2022

Brazilian startup Cortex raises $48 million in round led by Lightrock

Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.
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Arch
Fintech
·Nov. 8, 2022

LatAm cryptocurrency investment platform Arch raises $5 million

Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.
Read Full Story
Menta
LatAm
·Nov. 7, 2022

Embedded finance startup Menta raises $6 million seed round

This new investment tripled Menta's valuation, which now plans to consolidate its position in Mexico, Colombia, and Argentina.
Read Full Story
Fintech
·Nov. 7, 2022

LatAm’s Mercado Libre fintech revenue rises by 94%

Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its financial technology division, Mercado Pago.
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LatAm
·Nov. 4, 2022

LatAm fintech investment drops 60% in Q3 amid rising rates

Venture capital investments into LatAm fintech startups dropped further in the third quarter of the year, following a sharp reversal in global markets that drove investors away from assets generally perceived as risky.
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Celcoin
Fintech
·Nov. 3, 2022

Celcoin launches BaaS to become a major player in the segment in Brazil

Celcoin wants to make its BaaS service a one-stop-shop for these types of solutions to meet the growing demand in the Brazilian market.
Read Full Story
Western Union
LatAm
·Nov. 3, 2022

Western Union Brazil adding digital wallet: How many wallets can LatAm’s largest economy take?

Western Union announced plans to deploy its digital banking offering in South America's largest economy.
Read Full Story
LatAm
·Nov. 2, 2022

LatAm fintech’s foray into digital assets heralds ‘institutionalization of crypto’

Nubank is doubling its bets in crypto technology. The neobank announced plans to develop its virtual token to drive a loyalty program.
Read Full Story
Franq CEO
Fintech
·Nov. 2, 2022

Fintech Franq raises $12 million in Series A extension

Franq's Series A extension was led by Quona Capital and had the participation of Globo Ventures and Valor Capital Group.
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Solvento
LatAm
·Nov. 1, 2022

Mexican fintech Solvento raises $5 million to expand innovation in transport industry

Through its platform, Solvento seeks to build a stronger supply chain through reliable, flexible, and easy-to-use financial solutions.
Read Full Story
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