Early stage founders face a challenging climate and many lack the expertise to drive growth.Support from an experienced hand may be critical.
While VC funding to Latin American startups saw a year over year decline, the fact that it is stabilizing offers hope to the industry.
Chile's fintech Migrante to acquire a motorcycle loan startuup in Colombia. It also changed its name to Galgo, or "greyhound" in Spanish.
Venture-backed Nova Credit set about developing an alternative to traditional credit analysis to empower borrowers and lenders.
For entrepreneurs looking to overcome these challenges, revenue-based financing is a compelling alternative.
The day after The Fed announced yet another (albeit smaller) rate hike, Arc launches a high yield account so startups can gain on idle cash.
Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.
With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.