BYX acquires Nvio to expand beyond payroll loans
Brazilian credit fintech BYX Capital acquired Nvio, Bitso‘s licensed payment entity in Brazil, for an undisclosed amount. The…
Moove acquires Kovi to enter the Latin American mobility market
Nigerian fintech Moove acquired Brazilian counterpart Kovi through a share transaction with undisclosed terms. Moove provides vehicle financing…
Credicuotas raises $18.2M in debt to diversify funding sources
Argentinian fintech Credicuotas raised $18.2M through a negotiable debt security organized by BIND Banco and Industrial Valores. Credicuotas…
Finmaq raises $29M to expand SME asset financing in Colombia
Colombian fintech Finmaq raised $29M in a pre-Series A round combining debt and equity. The equity portion was…
Makasí raises $19M through the issuance of corporate bonds
Brazilian proptech Makasí raised $19M by issuing Certificados de Recebíveis Imobiliários, a type of corporate bond. RBR Asset…
Latamlist Roundup November 16th – November 30th: Mexican online supermarket Jüsto to cease operations in Brazil in December
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintechs dominated headlines in…
R2 secures $9M equity round and $50M debt facility
Mexican embedded lending infrastructure R2 raised a $9M equity round led by Hi Ventures and Cometa, with participation…
Pravaler raises $75M in FIDCs
Education financing platform Pravaler raised $75M in Credit Rights Investment Funds (FIDCs), totaling $123.6M in funding this year.…
Fairplay secures $35M credit line from BBVA Spark
Mexican fintech Fairplay raised a $35M credit line from BBVA Spark. The funding comes 18 months after securing…
AgriCapital raises $7.4M in a mix of debt and equity
Colombian fintech AgriCapital raised $7.4M in a round led by Alive Ventures. Bancolombia, Comfama, and other investors also…