Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.
Fintechs dominated the headlines in the first half of March, with activity from startups in Argentina, Brazil, Chile, and Colombia. Here are the launches, fundings,expansions, and other news we saw over the last two weeks.
Launches
- Brazilian fintech Juros Baixos launched a loan product in its lending marketplace that allows its customers to borrow money using their motorcycle as collateral. Read more on LatamFintech Hub.
- Argentinian digital wallet Lemon partnered with Argentinian financial tech infrastructure startup Pomelo to launch Visa Lemon Card in Peru, a credit card that allows customers to spend in Soles and get 1% of cashback in Bitcoin. Read more on LatamFintech Hub.
- Brazilian payments startup Barte partnered with fintech Zoop to offer Tap to Pay to Barte’s customers, enabling the acceptance of card payments using smartphone’s NFC technology. Read more on LatamFintech Hub.
Expansions
- Brazilian neobank Inter partnered with Grupo Bind to expand to Argentina. Inter will provide Argentinian customers credit cards, an investment account that allows investments in the US, and the possibility of paying with Pix when in Brazil. Read more on LatamFintech Hub and O Globo.
Fundings
- Chilean digital wallet Vita Wallet raised $750K from Fen Ventures and ABC Din’s Corporate Venture Capital arm to expand in Latin America and to enhance ABC Din’s international transfers through the app Tarjeta ABC Visa. Read more on LatamFintech Hub.
Updates
- Colombian neobank Nequi, owned by Bancolombia, will replace digital wallet Bancolombia A la mano, starting to offer A la mano’s customers the full suite of Nequi’s products. Read more on LatamFintech Hub.