Arcus gains CNBV authorization, strengthening Mastercard’s fintech portfolio in Mexico
Mexican fintech Arcus, recently acquired by Mastercard, received authorization from the National Banking and Securities Commission (CNBV) to operate as…
Remessa Online launches international account in Brazil
Remessa Online, a fintech arm of the Ebanx group, launched a digital international account in Brazil. This account comes with…
PagBank Introduces ‘Tap On,’ a Mobile Payment Solution
PagBank, formerly PagSeguro, launched a mobile payment solution that turns Android phones into card-processing devices. Through its PagVendas app, “Tap…
Mission Brasil raises $1.3M
Mission Brasil, an on-demand services platform, secured $1.3M in a round led by Domo Invest and Headline Brasil. The Brazilian startup…
Mottu secures $50M to expand its last-mile logistics ecosystem
Mottu, a Brazilian company for motorcycle rental and logistics services, raised $50M in a Series C round. The…
Monnet Payments and Yuno partner to transform Latin American online payments
Monnet Payments, a Peruvian company specialized in handling local currency payments in nine countries, has partnered with Yuno, a…
Kapital invests $50M in the acquisition and capitalization of Autofin
Kapital, a fintech specializing in financial solutions for SMEs, has acquired the Mexican bank Autofin, a multi-banking institution focused…
Belvo and Mibanco team up to expand credit access via Open Finance
Belvo, an open finance platform, teamed up with Mibanco, a leading microfinance bank in Latin America. The partnership aims…
Sumer acquires Y Combinator-backed Preki to expand in Brazil
Sumer, a Colombian startup specializing in online store creation, has acquired Preki, a similar platform backed by Y Combinator. The…
Brazilian startup Nagro raises $49M
Agro fintech Nagro raised $49M in equity and debt to provide credit solutions for rural producers. Kinea Ventures and Revolution, a fund…