Rappi prides itself on providing anything people want at any time. With such a lofty aim, it is only logical that sooner or later, the company would look to financial services to increase that convenience even further.
When considering mergers and acquisitions in Latin America, companies better have a well-thought-out strategy before proceeding, a panel of experts agreed at LendIt Fintech LatAm 2021, held Dec. 7-8 in Miami, Fla.
Just before lunch, after a morning of fireside chats at LendIt Fintech LatAm, was the heavy hitter Pierpaolo Barbieri, CEO, and founder of Ualá.
This new funding will allow Trii to expand operations in three key countries in the region: Colombia, Peru and Chile.
Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
'It would be very strange for a fund the size of Softbank to change its investment policy due to losing part of its staff, no matter how key people are.'
Although many Latin American companies claim they have little exposure to FTX's digital token, a widespread loss of conviction in crypto poses a significant risk.
Latam crypto firms to face pressing capital needs in 2023 and a primary focus on transparency. Regulation bound to accelerate in the region.
Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.
Structural digitization gaps in Latin America's business sector will likely lead to long-term value for fintechs providing the necessary infrastructure, according to U.S. growth equity firm Riverwood Capital.