Brazilian neobank Nubank reached 90 million customers in Latin America and reported a surge in profits in Q3.
iCred will use these resources to expand its operations and enter the payroll loan market for the beneficiaries of the social security fund.
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Lula has a plan for Brazil. But will venture capital investors keep putting resources into the South American country's fintech sector?
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Mercado Libre launched Mercado Coin, its first-ever token that will be initially available in Brazil as part of its loyalty program.
Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.
The Mexican operation represents Nubank's second-largest market and is seen as a strategic target in the company's internationalization plan.
Brazilian QI tech tapped $200 million in a landmark Series-B investment deal, one of the largest rounds in Latin America this year.
AltScore is planning to use the resources raised to boost its integrated credit platform in Latin America.