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…
Cubo expands to Guatemala
Salvadoran fintech Cubo secured $3.5M from IDB Lab to expand into Guatemala and develop digital payment solutions for Central America’s micro, small,…
Brazilian fintech CondoConta raises $14.6M
Brazilian “real estate bank” CondoConta, a financial platform for condominium and property managers in Brazil, raised $14.6M. SYN…
Shein partners with Stori to launch a credit card
Fast fashion retailer Shein announced a partnership with the Mexican fintech Stori to launch its credit card. The…
Hapi raises $1.6M to improve its product and grow
Peruvian startup Hapi raised $1.6M from Utec Ventures, Unpopular Ventures, Softeq Ventures, and Mural Capital. The round was…
Mercado Pago secures $466M from Citigroup to strengthen credit offering in Brazil and Mexico
Mercado Pago, Mercado Libre’s digital bank, obtained a $466M credit line from Citigroup to increase credit offerings to…
Brazilian Fintech QI Tech acquires Singulare
Brazilian Fintech Qi Tech acquired Singulare, a leading Brazilian stockbroker. This acquisition strengthens Qi Tech’s newly launched Distribuidora…
Fintech WiPay expands operation to Colombia
WiPay, a Caribbean-based fintech specialized in facilitating electronic payments for businesses, launched operations in Colombia. The fintech’s expansion…
Creze secures $5.7M credit facility from BBVA Spark
Creze, a fintech specializing in loans for small and medium-sized enterprises (SMEs), obtained a credit facility of up…
Finkargo raises $20M in series A round
Finkargo, a Colombian trade financing platform for SMEs, raised $20M in a series A round led by QED investors. Nazca Quona…