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)

Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
October 13, 2023  |  Acquisitions

Global payments and financial technology company Fiserv has acquired Skytef, the primary distributor of Software Express payment solution SiTef. This strategic move aims to strengthen Fiserv’s distribution network in...

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Venture Capital Firm Kaszek Raises $1 Billion for Latin American Startups
Venture Capital Firm Kaszek Raises $1 Billion for Latin American Startups
October 09, 2023  |  Investments

Latin America’s largest venture capital (VC) outfit has reportedly raised $1 billion this year. The Brazilian firm Kaszek is waiting for new deal opportunities to present themselves,...

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Cobre Raises $13 Million to Expand Payment Automation Platform
Cobre Raises $13 Million to Expand Payment Automation Platform
October 05, 2023  |  Investments

Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico...

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FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
September 29, 2023  |  Fraud Prevention

The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud....

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Jokr Valued at $800 Million Post-Money in Latest Funding Round
Jokr Valued at $800 Million Post-Money in Latest Funding Round
September 25, 2023  |  Investments

Berlin-based rapid-delivery company Jokr has reportedly secured $50 million in Series D funding to enhance its online grocery delivery services in Latin America. The funding round,...

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Top Performing Middle Market Firms Use Working Capital as a Strategic Tool
Top Performing Middle Market Firms Use Working Capital as a Strategic Tool
September 22, 2023  |  VISA

All businesses face surprises from time to time — where unplanned, emergency expenses crop up. And of course, having the capital on hand — working...

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Nubank Launches Personal Loans for Customers in Mexico
Nubank Launches Personal Loans for Customers in Mexico
September 05, 2023  |  Personal Loans

Latin American FinTech Nubank says it will begin offering personal loans to customers in Mexico. The new product, announced Tuesday (Sept. 5), will roll out in the days ahead...

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Latin American Startups Slash Staff as VC Funding Falls
Latin American Startups Slash Staff as VC Funding Falls
August 30, 2023  |  Startups

A sharp decline in venture capital has reportedly battered Latin America’s startup sector. Two-thirds of startups in that region have cut staff in the last 18 months...

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Circle and Mercado Pago Partner to Improve Access to USDC
Circle and Mercado Pago Partner to Improve Access to USDC
August 29, 2023  |  Partnerships

Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting...

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