Tag: South America

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Flex secures $20m in equity and $100m in debt funding as part of Series A round

US-based B2B fintech start-up Flex secures $120 million in funding, launching a finance app with a credit card for small businesses. FactsFlex, formerly known...

Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie

US investment bank Citi makes its first Latin American fintech investment by acquiring a stake in Peruvian FX platform Rextie. FactsCiti's "strategic investment" in...

Brazilian fintech Nomad secures $61m in fresh funding

Nomad, a Brazil-based fintech enabling Brazilians to open US bank accounts, has secured $61 million in a Series B funding round led by Tiger...

Chilean digital bank Tenpo partners Dock for new credit card offering

Chilean digital bank Tenpo partners with Brazilian B2B tech company Dock to launch a new credit card, aiming to compete with traditional lenders and...

Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum

Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to instant payments. FactsMatera, headquartered in Belo...

Santander reportedly looks to boost investment banking operations with new hires

Spanish bank Santander is planning to expand its investment banking operations and is onboarding at least 50 new bankers in the US, the UK,...