Nubank secures a $150M loan to promote financial inclusion in Colombia
Nu Colombia, Nubank’s subsidiary in Colombia, has secured a $150M loan from the U.S. International Development Finance Corporation…
Banco Master acquires Brazilian neobank Will Bank
Banco Master acquired a majority stake in Brazilian neobank Will Bank. Through this acquisition, Banco Master will expand…
Nubank secures $265M to expand its services in Colombia
Nubank, the Brazilian neobank, obtained a $265M loan from the IFC to expand its operations in Colombia, surpassing…
Dock partners with Tenpo to enter the Chilean market
Brazilian unicorn Dock has announced its partnership with the digital bank Tenpo to enter the Chilean market. Dock…
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,…
El Salvador-based n1co to become the first neobank in Central America with $18M seed-round
El Salvador-based fintech n1co raised a $18 million seed-round from regional groups. The payments startup seeks to position…
Brazilian fintech Nubank introduces Nucoin, its own digital currency
Nubank has introduced its digital currency, Nucoin. This is part of Nubank’s strategy to democratize technologies such as…
Ubanku raises $1M to launch a neobank for young people in Latin America
The Colombian startup Ubanku closed a $1M pre-seed round in which Newtopia VC, Irie VC and EF Venture…
Mexican neobank Covalto announces the closing of two credit lines for $200M
Mexico-based neobank Covalto secured a $10 million line from the International Development Finance Corporation (DFC). The news came…
Colombian neobank Lulo secures $200M to further democratize banking
International Holding Company (IHC), an Abu Dhabi-based, publicly traded company comprising more than 372 entities with international operating…