Kavak raises $300M round, Ep 226
This week’s Espresso covers news from Agibank, Avenia, Solvento, and more!
BTG Pactual acquires Brazilian fintech meutudo
BTG Pactual acquired up to a 48% stake in Brazilian digital credit platform meutudo, currently valued at around…
Credix raises $93.9M funding round for SME credit solution
Brazilian fintech Credix raised a $93.9M funding round led by BTG Pactual Asset Management and Pátria Investments. Valor…
CloudWalk raises $444M to fund merchant payment advances
Brazilian fintech CloudWalk raised $444M through a Credit Rights Investment Fund (FIDC) structured by Itaú BBA, with participation…
Pier raises $14.5M Series A led by Monashees
LatamList – Pier, a Brazilian insurtech, raised a $14.5M Series A funding round led by Monashees. Other investors…
Foodtech Fazenda Futuro raises $25M for meat alternatives
LatamList – Fazenda Futuro, a Brazilian foodtech, raised $25M (R$115M) for plant-based meat alternatives. Investors included BTG Pactual,…
Brazilian startup Resale acquired by BTG Pactual
LatAm List – In a recent transaction, BTG Pactual acquired control of 65% of the Brazilian startup Resale.…
OmniBnk, Latin America’s first neobank for SMEs, launches in Colombia
LatAm List – Seven out of 10 small businesses fail in their first five years due to lack…
B2W and Magazine Luiza looking to acquire Netshoes
LatAm List – Online retail companies, B2W and Magazine Luiza, are both looking into acquiring Netshoes, a Brazilian…
SoftBank evaluates investment in C6; Fonseca leaves his executive role
LatAm List – SoftBank, a Japanese multinational telecommunications corporation, may be looking to make a third investment in…