Pomelo secures $40M in Series B, Ep 158
In this week’s Espresso, we cover news from Nubank, Pomelo, Daki, and more!
Konvex secures $700K for market expansion
Colombian startup Konvex secured $700K in a funding round led by 500 Global and Parallel18. Avalancha Ventures, Adriel…
Girasol Payment Solutions acquires Colombian fintech FinZi
Girasol Payment Solutions, a payments company based in Curaçao, acquired the Colombian fintech Finzi. Finzi was founded in…
Nubank launches savings account in Colombia
Nu Colombia announced they will launch Cuenta Nu, a savings account with no fees that yields 13% annually.…
Approbe secures $2.3M to grow its online lending platform
Approbe, a Colombian fintech connecting individuals seeking credit with lenders, secured a $2.3M Seed funding round led by…
Supra gets Citi funding for fintech growth
Supra, a Colombian fintech, secured a strategic investment led by Citi, with participation from Far Out Ventures and H20 Capital. The funds…
Skandia acquires 90% of Duppla’s residential portfolio
Colombian proptech Duppla sold 90% of its residential portfolio to Skandia. “This investment will help us broaden housing access in Colombia…
Plurall partners with Treinta in Colombia
Colombian fintech Plurall completed its second Seed round, supported by Arrebol, Global Fintech Venture Partners, Tribeca, and Grupo Disan. The funds will…
Brazilian Uncover raises $7.5M seed round
Uncover, a B2B SaaS platform streamlining media investment for advertisers, raised $7.5M in a seed round led by ABSeed with…
RapiCredit raises $7M in debt deal
Colombian fintech RapiCredit raised $7M in a deal with Almavest, where RapiCredit sold a portion of its loan portfolio. The…