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Tag: Konfio

LatAm fintechs expect VC investments in 2024 as U.S. approaches rate cuts

Fintech leaders in Latin America expect investment capital to be more abundant next year, as interest rates worldwide reach a tipping point in early...

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Mexican fintechs Klar, Konfio tap $100M debt lines to boost lending

Mexican fintechs are gearing up to enhance lending in Mexico, buoyed by falling inflation and the announcement of million-dollar credit lines from major U.S....

Mexican Fintech Companies Klar and Konfio Utilize $100M Debt Lines to Enhance Lending Capabilities

Mexican Fintech Companies Klar and Konfio Utilize $100M Debt Lines to Enhance Lending CapabilitiesFintech companies in Mexico are revolutionizing the financial landscape by leveraging...

Mexican fintechs to grow into SME lending this year

Lending fintechs in Latin America is rising to a new challenge. The wave of digitization and online sales in countries such as Mexico is...

This Year, Mexican Fintechs Will Expand into SME Lending

Mexican fintechs have been making waves in the financial industry for the past few years, and 2021 is set to be no different. This...

Konfio expands credit line to $227M to lend to SMEs in Mexico

Mexican fintech Konfio upsized its outstanding borrowing line with US firms Goldman Sachs and Gramercy to a combined $227 million to increase SME lending...

Mexican fintech Aviva raises $2.2 million in pre-seed funding round

Mexican fintech Aviva recently announced that it raised $2.2 million in a pre-seed round. The raise was led by local fund Wollef, with the...

Top Fintech LatAm News Stories for October 1, 2021

Here are the most read news stories from our daily newsletter today: Mexican fintech Konfio says now worth $1.3 bln with new capital...

Digital Financial Services Firm Konfio Acquires $125M via Series E Round, including $20M from VEF

Konfio has announced a $125 million Series E round with VEF investing an additional $20 million in the company’s operations. The team at VEF...

Payments, lending and neobanks rule fintechs in emerging markets, report says

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a...

Cinco de México: 5 of the Region’s Top Fintechs

Mexico is known for a lot of things. The region is blessed with a rich food and drink culture, is home to...

Brazil’s Monkey nabs $6M Series A for financial marketplace

Monkey, a financial marketplace for receivables in Latin America, has raised $6 million in Series A funding. Quona Capital and Kinea Ventures co-led the...

Open banking fintech Belvo lands $10m for Brazil expansion

Belvo, the Barcelona-based fintech providing open banking in Latin America, has landed $10 million in funding to launch an office in Sao Paulo,...

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