Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

Source: en.wikipedia.org

41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth
41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth
January 31, 2024  |  Business

Latin America and Caribbean (LAC) growth corporates, commonly referred to as middle market firms, are setting the pace when it comes to the strategic use...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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Prometeo Co-CEO on What It Takes to Create Latin America’s Connected Financial Ecosystem
Prometeo Co-CEO on What It Takes to Create Latin America’s Connected Financial Ecosystem
January 22, 2024  |  Latin America

Open banking promises to forge new financial ecosystems as data is shared among banks, corporates and consumers. Easier said than done. Banks must be on...

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PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
January 12, 2024  |  Investments

Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding.  The funding round was...

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Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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Kapital Raises $165 Million to Expand Banking Platform
Kapital Raises $165 Million to Expand Banking Platform
December 14, 2023  |  Investments

Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and...

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Citi Provides Investment and Technology to Colombian FinTech Supra
Citi Provides Investment and Technology to Colombian FinTech Supra
December 11, 2023  |  Investments

Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small...

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Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023  |  Investments

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin...

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Ualá Introduces No-Fee Credit Card in Argentina 
Ualá Introduces No-Fee Credit Card in Argentina 
December 01, 2023  |  Credit Cards

Ualá, a Buenos Aires-based FinTech company, has introduced a no-fee credit card in Argentina.  Backed by prominent investors including George Soros, Steve Cohen and Tencent Holdings,...

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