ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The latest fintech news, resources and expert analysis in Mexico by the leading intelligence provider for the worldwide fintech community.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition sees Ziff take control of the start-up’s flagship lending platform, Adelanta.
The fintech intends to leverage the debt financing to extend its lines of credit to the underserved.
The move, announced in 2020, was expedited by Hey Banco’s banking licence authorisation last July.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ID Finance claims the financing marks its “largest ever financing round” to date.
The app-based offering launched this week with account and lending services.
Users in Mexico have been asked to withdraw all funds before the closing date of 11 February 2024.
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
With 20 years of experience in engineering and product management, Baghaei joins Jeeves from Early Warning.
Airwallex says the deal is an important part of its broader growth strategy in the Americas.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The acquisition marks Asaak’s entry into the Latin American market after achieving profitability in Uganda.
The offering positions Tenpo as a competitor to traditional financial lenders in the country.
The new facility has been provided by US investment firm Victory Park Capital.
The Chilean firm will use Thought Machine’s Vault Core to develop personalised financial products.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
The complaint was filed by a Mexican citizen in June, according to El Economista.
The capital will be used to accelerate its growth in Mexico and fuel its international expansion plans.
Utilising Temenos’ core banking platform, BanCoppel aims to scale its operations and offer more banking services.
Our weekly fintech round-up for you to get the latest funding news from around the world.
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
The facility follows a recent €30 million equity fundraise led by UK-based asset manager Kingsway Capital.
ID Finance claims its fundraise is the biggest received by a Spanish fintech in 2023.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
Thanks to Paymentology, the Fondeadora app will enjoy faster transaction processing and advanced security.
Marcus previously spent seven years at Meta and co-created the firm’s cryptocurrency Diem (formerly Libra).
Through the partnership, ThetaRay will provide Tudi its Sonar transaction monitoring solution.
A round-up of the latest funding endeavours of fintech start-ups from across North America.
Ibarra brings over 20 years of experience, most recently serving as Stripe’s head of product for Latin America.
FinTech Futures chats with Pushkar Mukewar, founder and CEO of Indian fintech Drip Capital.
Mendel will use the new funds to boost the growth of its corporate expense management platform.
The acquisition, for an undisclosed sum, will also see Oyster CEO Vilash Poovala become Yaydoo’s new CTO.
Kushki says Billpocket will help it grow its paytech business threefold in Mexico.
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
Our weekly fintech round-up for you to get the latest funding news from around the world.