Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

(source: en.wikipedia.org)

Marco Raises $12 Million to Support LatAm Trade Finance
Marco Raises $12 Million to Support LatAm Trade Finance
March 19, 2024  |  Investments

Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized...

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Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
March 15, 2024  |  eCommerce

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6...

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Nayax to Acquire Brazilian Automated Self-Service Solutions Provider VMtecnologia
Nayax to Acquire Brazilian Automated Self-Service Solutions Provider VMtecnologia
March 07, 2024  |  Acquisitions

As part of a broader push into the Latin American market, Nayax, a global commerce enablement, payments and loyalty platform, announced that it agreed to acquire VMtecnologia....

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Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
March 01, 2024  |  Personnel

Mercado Libre, an eCommerce and payments platform in Latin America, appointed Andre Chaves as the new head of its FinTech business in Brazil. “Very humbled and excited...

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InDrive Launches Lending Solution for Drivers on Its Rideshare Platform
InDrive Launches Lending Solution for Drivers on Its Rideshare Platform
February 28, 2024  |  Loans

InDrive, a global mobility and urban services platform, introduced a new financial services product called inDrive Money. The offering provides cash loans to drivers operating...

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Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia
Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia
February 20, 2024  |  Acquiring

Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments...

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Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
February 19, 2024  |  Banking

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which...

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Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
February 16, 2024  |  Walmart

Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth. The event saw the...

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Colombian Payment Service Provider Bold Raises $50 Million to Expand Products for SMBs
Colombian Payment Service Provider Bold Raises $50 Million to Expand Products for SMBs
February 14, 2024  |  Investments

Colombian FinTech Bold raised $50 million to expand its payments terminal offering. The company announced the General Atlantic-led Series C round Wednesday (Feb. 14), saying...

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