Tag: Mexico

Toku’s Series A infusion of $9.3m to bolster digital collections in...

Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m.

Latin American Lending Tech companies reported trend defying 6% increase in...

Key Latin American Lending Technology stats in 2023: • Latin American Lending Technology deal activity reached 76 deals in 2023, a 6% increase from 2022 •...

Peruvian FinTech Leasy secures $28m in Series A funding to fuel...

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

i80 Group leads $150m financing round for FinTech leader ID Finance

ID Finance, a leading FinTech based in Spain and Mexico, has recently concluded a significant financial milestone by securing $150m in debt financing. This round...

Brazil is home to a third of all Latin American FinTech...

Key Latin American FinTech investment stats in 2023: • Latin American FinTech deal activity reached 335 transactions in 2023, a 37% reduction YoY • Latin American...

Nu given reguatory nod to operate financing company in Colombia

Nu Colombia, a subsidiary under the umbrella of Nubank in the country, has received approval from Colombia's Financial Superintendence (SFC) to operate as a...

Visa expands digital payment horizons in Mexico with Prosa acquisition

Visa , a global titan in digital payments, has struck a definitive deal to acquire a majority interest in Prosa, a pivotal player in Mexico's payment processing sector. This move aims to fast-track the adoption of innovative and secure digital payments in Mexico.

Latin American InsurTech deal activity declines 64% in 2023 as investors...

Key Latin American InsurTech investment stats in Q1-Q3 2023: • Latin American InsurTech deal activity reached 25 funding rounds during the first nine months of...

Akur8’s transparent AI revolutionises InsurTech in Latin America

Akur8, renowned for its cutting-edge insurance pricing solutions, is making significant strides in Latin America.

Verqor secures $7.5m to revolutionise Mexico’s agri-FinTech space

Verqor, a pioneering FinTech firm committed to the digitalisation of Mexico’s agricultural sector, is making significant strides in the industry.

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