Tag: South America

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LatAm fintech Pomelo secures $40m Series B led by Kaszek

Funding News: Pomelo, a Latin American fintech start-up, secures $40 million in Series B funding. Investors and Leadership: Series B round led by...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Nubank secures regulatory approval to operate as a financing company in Colombia

Regulatory Approval for Nu Colombia:Nu Colombia, the Colombian subsidiary of Latin American challenger Nubank, has received regulatory approval from the Financial Superintendence...

Rappi to discontinue RappiCuenta offering in Mexico next month

Rappi, a Latin American tech firm, is discontinuing its virtual savings account service, RappiCuenta, in Mexico. Customers in Mexico received an email notifying...

Central Bank of Colombia partners ACI Worldwide for real-time payments system

Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide. Technology Selection: ACI's Enterprise Payments Platform...

ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank

Nearpay's Series A Funding:Saudi fintech Nearpay secures $14 million in Series A funding. Sanabil Investments leads the funding round, with participation from...