Brazil based digital real estate startup Loft has raised a $175mn series C round to help make the process of...
Companies around the South American country are driving a movement towards the "fintechtization" of the sector.
BTG's recent move anticipates a scenario that should be commonplace starting next year in Brazil.
Nubank accelerates its Mexican expansion with personal loans, tapping into the country's promising growth prospects.
This is the Buk's second round of financing after having its $50 million Series A in October 2021, led by Greenoaks and SoftBank LatAm.
BNPL business models gained momentum in Brazil earlier in the year among financial technology firms catering services to cardless customers.
Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
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.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.