Startup was born with the purpose of enabling credit for retailers to buy from their suppliers using credit card receivables as collateral
With only two months on the market, the company wants to facilitate payments and access to credit between companies.
TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A funding round led by Lee Fixel’s Addition
Ciudad: Ciudad de México Descripción: Providing retailers with a debt free payment instalment solution in their point of sale.
The Colombian company offers physical and digital retailers an interest-free installment payment model that does not require a credit card.
With this authorisation from the CVM, the blockchain-based credit infrastructure fintech will be able to bring receivables tokens to retailers.
This marks SoftBank’s first agriculture-related investment
The goal is to extend the reach of online credit without a credit card to customers of retailers who are not (yet) clients of the platform. BNPL stands for 'buy now, pay later'.
U-Payments, en alianza con Mastercard, podrá servir de intermediario para facilitar la emisión de tarjetas físicas y digitales, y como procesador de pagos para otras Fintechs, empresas financieras, aseguradoras, retailers y empresas de consumo masivo.
The round also had a debt component (venture debt), led by a U.S. investment fund, which should be revealed along with more details in the future, according to said fintech in a press conference on Monday (29).
The fintech's first acquisition comes just over three months after the announcement of the Series A expansion, valued at US$1.9M.
Merchants can now accept Apple Pay and other tap-to-pay payments using their iPhone and a partner app for iOS.
CloudWalk becomes a new unicorn in Brazil after receiving a contribution of US$ 150M
Por: Geopagos
In addition, the Fintech intends to grow the 'credit as a service' (CaaS) business, inherited from BizCapital and BoletoFlex . The company has not yet ruled out entering secured lending.
Con México activo, Colombia en proceso, Perú a todo babor (representa el 50% del volumen procesado) y Argentina en marcha, este año la fintech planea aterrizar en Brasil.
La Fintech ofrecerá precios más competitivos en el mercado, haciendo las operaciones más ágiles y estables.
The fintech secured a funding commitment from the US International Development Finance Corporation (DFC), a US government agency.
Mexican fintech Vexi raised a $24M funding round in debt and equity. The equity portion of the financing was led by Magma Partners, while Accial Capital led the debt funding. Other investors include Alpha4Ventures, Village Capital, Pomona Impact and Noa Capital.
Arcus’ full-stack platform improves speed and access to Mexico’s financial services ecosystem and is a gateway into Latin American markets. Enables the introduction of Mastercard Bill Pay to Latin America
The Fintech has just completed all the necessary tests and homologations and was approved by the Central Bank (BC) to offer the initiation of payment transaction via Pix in the scope of Open Finance.
The functionality is available from this Tuesday to all customers of the traditional Nubank card, Ultraviolet and the PJ account card.
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La Fintech sostiene que está cerca de ser una empresa rentable, mientras crece a triple dígito y se expande internacionalmente.
Credz raises over R$400 million to grow nationally and attract new partners Besides this funding, Credz raised in this same period more than R$350 million in a financing operation with the banks Credit Suisse and Modal
Proven in November 2022 in the sandbox of the Superintendence of Private Insurance (Susep), Kakau will now officially begin operations as a digital insurer.
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Sumérgete en la vanguardia de la estrategia e innovación de productos en el mundo de los pagos. Únete a Miguel Ángel Prieto, Director de Estrategia e Innovación de Producto en Minsait Payments, en una fascinante Flash Talk.
Ambas compañías se alían para promover el consumo responsable del dinero de la población de Chile
Ubii, fintech líder en Venezuela levanta ronda de inversión por cuatro millones quinientos mil dólares para asegurar su crecimiento, a través de productos innovadores adaptados a las necesidades del sector.
The new funds are a three-year credit line in Mexican and Colombian pesos, financed by Morgan Stanley, Citigroup, Goldman Sachs, and HSBC
This virtual card brings secure digital payments to the region, providing a seamless payment journey to customers that enables the convenience of BNPL (installment) payments and the capacity to shop anywhere.
This would help to distribute credit in emergency times, such as the current crisis generated by the coronavirus pandemic.
La gran mayoría de los comercios y emprendedores aún no tienen una tienda virtual para potenciar sus ventas. Geopagos amplía su producto para que sus clientes habiliten una solución rápida y sencilla a sus usuarios.
El acuerdo alcanza a la comunidad fintech más importante de Latinoamérica, con más de 40.000 inversores, entidades financieras, corporativos y proveedores tecnológicos.
This Thursday (07/30/2020) they announced the acquisition of Muxi , the main provider of technological solutions for capturing transactions at points of sale and electronic commerce in Latin America.
The facility will support the rapid growth of Workeo, the company’s core SME inventory financing program via its relationship with American Express.
PasanaQ, the first Bolivian fintech that digitizes informal rotating savings and credits associations (ROSCA) - better known as Pasanakus, in Bolivia – while offering users financial and commercial benefits, completed its first pre-seed round of investment.
G2 Fintech Fund ha hecho una inversión en QUASH, motor de crédito de inteligencia artificial que facilita una mayor aprobación de créditos para bancos e instituciones financieras.
Next's strategy of uniting banking and e-commerce took its name today.
System will give customer autonomy in the use of their bank details, facilitating sharing with other institutions
With the advantage of being able to follow the customer's purchasing profile on its platform, the delivery application was able to set priorities for RappiBank; the first products will offer protection for pets, electronics and credit cards.
Los programas corporativos de emprendimiento se han convertido en una tendencia, y a veces, incluso en un componente clave del éxito de muchas startups.
The latest funding round will allow the startup to accelerate key hires, consolidate its market leadership across Latam, and catapult its expansion strategy into EMEA and APAC.
Celcoin - which provides financial and banking technology infrastructure - has just received a R$ 85 million (US$18m) contribution from Innova Capital,
La firma brasileña busca consolidarse como el mayor proveedor de infraestructura de pagos en América Latina.
Most fintechs pride themselves on digital everything, including customer acquisition strategy. But Bankaya, a Mexico City-based financial services startup, is attributing its early traction on the opposite model — going after target customers in person.
The company offers digital banking services and targets customers who don’t have access to traditional banks.
Via (VVAR3) received the Central Bank's final authorization to operate BNQI Sociedade de Crédito, its digital financial platform. The order of the monetary authority was published in the Official Gazette of the Union this Thursday (15).
The startup has raised $110 million in a growth funding round led by U.K.-based Lightrock and Silver Lake Waterman, bringing its valuation to over $1.5 billion.
The financing marks the company’s first ever institutional funding. Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services.
Krealo CEO Marco Roca expects the COVID-19 pandemic to accelerate the adoption of digital financial services in Latin America. The fintech-focused business unit isn't changing its 2020 investment plans for its operations in Peru, Colombia and Chile.
For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world. To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300%
Result of the merger between Geru and Rebel, the company buys BoletoFlex, a startup from Santa Catarina specialized in digital credit and with a network of more than 100 store partners, such as Ame Digital, Multi, Mobly and CVC
Nomad, a fintech that seeks to facilitate the access of Brazilians to a global financial life, started by offering banking solutions as well as foreign exchange services and international remittances.
In addition to short-term goals, fintech's big goal for the next few years is to have 1 million POS using their receivables arrangement as a payment method.
Swap is closely following the new technological advances and brings to the market a new solution so that companies can offer even more financial services to their customers.
The main growth arm, going forward, is what the market calls cross selling: the offer of new products and services, in addition to the digital portfolio, the strongest brand in PicPay's DNA
A medida que los juegos continúan prosperando, también lo hacen las Fintech que pudieron comprender estos cambios y ofrecen una amplia variedad de métodos de pago. Estas nuevas empresas han simplificado los procesos de pago, agilizando y optimizando las transacciones monetarias.
The corporate customers can accept credit or debit payments directly on their cell phones. With NuTap, people can make card sales in a simple, cheap, and smart way.
Mastercard today welcomes its newest wave of startups to its award-winning Start Path startup engagement program. Start Path alums share their insights into the top trends of 2021 and what they've learned from a challenging year.
Financial sector startups increase partnerships and products to serve banks, companies and ‘techs’.