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FinTech Mobi724 Global Solutions has entered into an agreement to acquire all the shares of Avenida Compras for $4m.
Latin America accounted for 3% of new FinTech unicorns in 2021. Although Mexico registered the most unicorns in 2021 the highest valued spot was...
Brazilian InsurTech startup 180° Seguros has netted $31.4m in its Series A funding round, which was led by 8VC.
Betterfly, which claims to have become the first Latin American “social” unicorn, has raised $125m in its Series C funding round. Glade Brook Capital led...
Jefa, a digital bank aimed at women in Latin America, has reportedly closed its seed round on $2m.
A trio of FinTech companies have been selected to receive equity-free grants as part of Village Capital’s Finance Forward Latin America 2021, an investment-readiness program.
Brazilian neobank Z1, which is aimed at providing teenagers with a digital bank account, has reportedly scored $10m in its Series A funding round.
FinTech companies in the region raised $9.7bn so far in 2021 boosted by huge funding rounds in Brazil
One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?