Bitso launches Bitso card to provide secure financial access in Mexico
Mexican fintech Bitso launched the Bitso Card, a payment product in partnership with Mastercard. Bitso Card is a…
Brazilian fintech Blipay secures $6.7M
Blipay raised $6.7M in debt financing from SRM Ventures, a corporate Venture Capital focused on fintech. Blipay’s primary…
LatAm Payments and Banking Outperform F-Prime Fintech Index
With last year’s addition of Nubank, the number of Latin American companies in the F-Prime Fintech Index grew…
Marco raises $200M to expand SME financing platform in Latin America
Marco raised $200M in a recent financing round led by Castlelake and MidCap Financial. Marco’s mission is to…
Vexi raises an $8M round, led by Magma Partners. Celcoin acquires Finansystech, Ep 127
In this week’s Espresso, we cover updates from Vexi, Celcoin, Wibo, and more!
Brazilian fintech Celcoin acquires Finansystech for $16.3M
Celcoin acquired Finansystech for $16.3M in its third acquisition in just over a year. Finansystech, which was founded…
Digital bank Vexi announces oversubscribed $8M fundraise
Vexi, the Mexican neo bank raised an $8M round, led by Magma Partners. Previous investors Alpha4Ventures, Noa Capital,…
Vaas raises $5M to automate management of structured debt
Vaas raised $5M in a seed round led by Andreessen Horowitz (a16z), Nazca, Maya Capital, and Latitud. Marathon…
How to build a financial product that can improve people’s lives
Many entrepreneurs enter the startup world because they want to make a change and develop something that will…
Mendel acquires Te Facturo, Due to Mexico’s billing 4.0 requirement
Mexican startup Mendel acquired Te Facturo for an undisclosed amount. Mendel will finance the acquisition with the US$60…