Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.
While VC funding to Latin American startups saw a year over year decline, the fact that it is stabilizing offers hope to the industry.
With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
The ten fintech firms selected will work closely with 40 plus institutions
Including AIG, Bank of America, Fidelity, & JP Morgan.
Venture-backed Nova Credit set about developing an alternative to traditional credit analysis to empower borrowers and lenders.
Early stage founders face a challenging climate and many lack the expertise to drive growth.Support from an experienced hand may be critical.
Chile's fintech Migrante to acquire a motorcycle loan startuup in Colombia. It also changed its name to Galgo, or "greyhound" in Spanish.
The day after The Fed announced yet another (albeit smaller) rate hike, Arc launches a high yield account so startups can gain on idle cash.
For entrepreneurs looking to overcome these challenges, revenue-based financing is a compelling alternative.
In celebration of International Women's Day we provide some suggestions for female founders in fintech to help grow their startups.