Mendel plans to use the resources raised in this round to double its growth and accelerate the development of its platform.
Colombian fintech Avista raised $22.5 million in debt from Accial Capital as it seeks to boost lending to the elderly.
Latin America’s leading event for innovation in financial services.
The payment operation, which has been awaiting regulatory approval for three years, will first focus on small merchants and will be implemented gradually in the South American country.
Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Fintech Galileo announced an expansion into five new regional markets, driven by an alliance with Mastercard.
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
According to the company, the goal of this expansion is to consolidate the fintech as one of the major players in LatAm, helping small businesses to reduce costs with payments by improving their financial management.