Vexi raises $15.3M to strengthen financing capacity
Mexican fintech Vexi secured a $15.3M credit line from Banco Covalto. Vexi helps underbanked, lower-middle-class consumers build credit…
Clara raises $80M for sales growth
Mexican corporate spending management firm Clara has raised $80 million in a mix of equity and debt financing.…
Belvo raises $15M to launch new products
Mexican fintech Belvo raised a $15M round from Quona Capital, Kaszek, Kibo Ventures, Future Positive, Citi Ventures, and…
Toku raises $48M Series A extension to expand payments platform
Chilean fintech Toku raised a $48M Series A extension led by Oak HC/FT, with participation from Gradient Ventures,…
Banorte acquires RappiCard in $50M deal
Grupo Financiero Banorte, one of Mexico’s largest banks, signed a $50M agreement to acquire full ownership of the…
Kavak raises $127M in down round, drops valuation to $2.2B
Mexican used car platform Kavak raised $127M in equity funding at a $2.2B valuation, down from $8.7B in…
Nufi raises $1.5M seed round led by Magma Partners and GPCompas
Mexican identity verification startup Nufi raised a $1.5M seed round led by Magma Partners and GPCompas. Semilla Ventures,…
Mendel raises $35M Series B led by Base10
Mexican fintech Mendel raised a $35M Series B round led by Base10. PayPal Ventures, Endeavor Catalyst, Infinity Ventures,…
KredFeed raises $1.5M
Mexican fintech KredFeed raised $1.5M from Carabela, Techstars, 2045 Ventures, The Pitch Fund, AngelHub, Newlin Ventures, Cacao Capital,…
Venture Capital firms Nazca and Bridge merge
Mexican venture capital firms Nazca and Bridge merged, combining Nazca’s $300M in assets under management with Bridge’s $20M.…