Mexican fintech Clip lands $50m credit facility from top banks
The funding will be used to “improve financial access” for Mexican businesses.
The funding will be used to “improve financial access” for Mexican businesses.
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
Toperty is based in Colombia and Saturn5 is based in Mexico City.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
The debt financing will boost its lending operations and accelerate its expansion throughout Latin America.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
The company plans to use the fresh capital to grow its team and extend its product offerings.
BPC’s SmartVista solution will enable NanoPay to better protect its credit card customers.
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
The neobank is looking to accelerate its growth in Mexico and Colombia.
The Madrid-based company has raised $225 million to date in debt and equity funding.
Tribal says the Latin American region represents a $175 billion market opportunity.
Addi CEO Santiago Suarez says: “Business is accelerating a lot faster than expected.”
The new cash will fund the start-up’s expansion into Brazil.
Funds will be used for product development and to accelerate growth in Mexico and Latin America.
Kueski is one of the largest buy now, pay later and online consumer lenders in Latin America.
Tie-up follows $188m funding for Jeeves, which launched at the start of 2021.
The payments specialist will aid introduction of Mastercard Bill Pay to Latin America.
Increase in headcount and Latin American expansion planned.
The fintech has achieved one of the largest funding rounds to date in Latin America.
The company launched in Argentina in 2017 before expanding its services to Mexico last year.
The firm will offer access to credit, financial coaching, and savings.
Drip provides SMEs across India, Mexico and the US access to collateral-free credit.
Fintech claims raise is “one of the largest Series A investment rounds in the history of Latin America”.
Ronald Oliveira is expected to leave the fintech, while Juan Miguel Guerra joins.
PagoNxt plans to bolster the development of its payments service Getnet.
The new investment takes the start-up’s valuation up to $500 million.
New investment follows the company’s $12 million Series A round in February.
Paysafe plans further push into growing region for payments.
Fintech start-up claims the funding is a record investment for an Argentine company.
The investment is the largest ever for a payments company in Mexico.
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The Brazilian digital bank’s Series G funding round has now topped $1.15 billion.
The Series A funding round is claimed to be the largest to date for a fintech in Latin America
Addi is continuing a planned expansion into Mexico and Brazil.
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
A clutch of early investment rounds from May you could have missed.
Instant credit will range from $500 to $1,500.