Latamlist Roundup May 15th – June 1st: Dock and Muevy partner to offer instant cross-border payments

Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.

Colombian fintechs made up a majority of headlines in the past two weeks, but Uruguayan and Salvadoran startups also took the spotlight for the second half of May. Here are the product launches, partnerships, and expansions we saw in the last two weeks.

Launches

1. Crowder, a Uruguayan crowdfunding startup, announced the launch of its platform, a “mini stock exchange” for investing in local shares and corporate bonds regulated by the Central Bank of Uruguay. Read more on LatamFintech Hub.
2. Salvadoran fintech n1co launched its mobile app and a Visa credit and debit card to offer instant payments, cashback rewards, and transaction tracking. Read more on LatamFintech Hub.
3. Fintech Totalnet Uruguay launched a mobile app that turns Android phones with near field communication (NFC) into point of sales terminals, allowing small businesses to accept card payments with no monthly fees and 24-hour settlement for Visa and Mastercard transactions. Read more on LatamFintech Hub.
4. Sensedia, a Brazilian low code API platform, launched Sensedia AI Copilot, an AI assistant designed to streamline API management, governance, and integration processes. Read more on LatamFintech Hub.
5. Colombian international paytech Zulu introduced Zulu for Investors, a product tailored to support Latin American investors streamline depositing and withdrawing funds from their brokerage platforms. Read more on LatamFintech Hub.

Partnerships

1. Brazilian BaaS provider Dock and cross-border payment solution Muevy partnered to expedite international transfers in Latin America with Visa Direct, allowing financial institutions to offer person-to-person real-time transfers in over 190 countries. Read more on LatamFintech Hub.
2. Fintech Refácil partnered with Minka to offer digital payment method Transfiya to Colombian SMBs, allowing businesses to receive payments through links, QR codes, and credit and debit cards. Read more on LatamFintech Hub.

Expansions

1. Mexican private school payments platform Mattilda announced its expansion to Colombia to help schools collect payments and finance operations, following a $14M credit line from Addem Capital. Read more on LatamFintech Hub.
2. Chilean healthtech Bitua is now offering its medical supply dispenser with AI tracking in Nicaragua, with the support of Vanguard Medical Logistic. Read more on Startups Latam.
3. Kambia, a Peruvian WhatsApp microcredit provider, landed in El Salvador to connect businesses with working capital providers, allowing for daily repayment installments. Read more on Startups Latam.

Other

1. Manutara Ventures is selecting five Latin American startups for their Miami soft landing program, with one receiving a $500k investment. Read more on the program’s landing page.
2. Loopay, a Colombian payments platform, raised a $10M debt facility to invest in its Colombia and Ecuador operations. Read more on LatamFintech Hub.