Tag: Magma Partners

Leasy, a Peruvian FinTech, has successfully raised $28m in a Series A round that combines both equity and debt financing.

Prometeo, an innovative startup based in Uruguay, recently announced a significant milestone in its journey to revolutionise open banking across Latin America. 

Mexico-based PropTech platform Yave has reportedly raised $7.5m in its seed II funding round, which was co-led by Better Tomorrow Ventures and Metaprop.

Continuous penetration testing service Strike Security has reportedly collected $5.4m in a fresh funding round.

Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.

Robotic automation and management company Tonkean has scored $7.2m in its Seed round led by Foundation Capital.

The Latin America market is skipping traditional banking and moving straight to FinTech, according to Magma Partners managing partner Nathan Lustig in a research interview with FinTech Global.

The first half of 2017 has seen the number of deals to FinTech companies in Latin America rocket with 63 deals already closed.In 2016...

Bogota, Colombia-based startup Portal Finance has secured an undisclosed equity investment from Magma Partners.