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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

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.
Read Full Story
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
nft
Fintech
·Nov. 7, 2022

SEBA Bank’s NFT custodial capabilities could mark institutionalization shifts

SEBA Bank has announced new NFT custodial capabilities despite the downturn. They say they aren't the only ones taking the assets seriously.
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.
Read Full Story
Laura McCracken Managing Director, eCommerce & Payments (Far left,) Larry Lee Global Head of Financial Networks Rapyd (Center Left,) Paula Arregui COO Mercado Pago (Center Right,) and Ron Shevlin Chief Research Officer Cornerstone Advisors on the Build Bold stage at Money 2020, October 25 2022 in Las Vegas Nv
Fintech
·Nov. 4, 2022

Would a fintech super app make it in America?

Four fintech experts sat down at the standing-room-only Build Bold stage at Money 20/20 to find out.
Read Full Story
Lama AI Logo
Fundraising
·Nov. 4, 2022

Lama AI announces $9M seed for SMB credit

Lama AI, an intermediary SMB lending exchange for banks, announced a $9 million seed round led by Viola Ventures and Hertz Ventures.
Read Full Story
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.
Read Full Story
Christopher Waller, Governor at the Federal Reserve, on the Money 2020 main stage on October 25th
Fintech
·Nov. 3, 2022

FedNow set to roll out payments highway

Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Read Full Story
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
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