Tether invests $20M in Ualá
Tether invested $20M in Argentine digital bank Ualá as part of its $197M funding round announced in March.…
Nubank to acquire Banco Porto Real
Nubank signed an agreement to acquire Banco Porto Real de Investimentos S.A., a Brazilian bank that specializes in…
Pinbank raises $19.6M through FIDC
Brazilian Neobank Pinbank raised $19.6M through a Credit Rights Investment Fund (FIDC) structured and distributed by XP. Pinbank…
Terraflos acquires +NUTRI Co in an eight-figure deal
Uruguay-based Terraflos, a multinational company that develops bioactive ingredients and functional products, acquired Peruvian foodtech startup +NUTRI Co…
Mango raises seed round to expand construction financing platform in Mexico
Mango, a Mexican financial infrastructure platform for construction, raised a seed round, bringing its total funding to $6M…
TripWip raises $4.2M seed round
Uruguayan peer-to-peer carsharing startup TripWip raised a $4.2M seed round. The round included Latin Leap, CrossBoundary, Yango Ventures,…
QI Tech acquires Autobanking
Brazilian QI Tech acquired Autobanking, a Brazilian vehicle-financing platform, thereby expanding into Brazil’s vehicle-financing market. Autobanking founders Fredy…
Infinia raises $13.5M Series A led by Bain Capital and Variant Fund
Infinia, a Uruguayan financial infrastructure startup, raised a $13.5M Series A round led by Bain Capital and Variant…
Mercado Bitcoin raises $20M Series C from Tether
Mercado Bitcoin, Latin America’s largest digital assets platform, raised $20M from Tether in the first close of its…
Tilt acquires Blipay to expand into Brazil’s consumer lending market
Tilt acquired Blipay, a Brazilian payroll advance company. Financial terms were not disclosed. Tilt develops financial products for…
Addi raises $86M Series D. Interview with Bernardo Brites, Ep 232
This week’s Espresso covers news from Aviva, Jota, Blanco, and more!