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Tag: LATAM

Mexico’s fintech Kapital secures $165M in debt and equity to fuel LatAm expansion

Mexican fintech Kapital raised $40 million in a Series B funding this month, together with $125 million in debt financing, as the SME-focused bank...

GodLike Esports Secures Spot in Playoffs of COD World Championship 2023

Team GodLike has secured a highly-coveted spot in the playoffs of the Call of Duty (COD) World Championship 2023, held in the United States...

E-commerce fintech SellersFi closes $300M credit facility from Citi

E-commerce fintech SellersFi secured a $300 million credit facility from Citi, as the U.S. bank is seeing to up its stake in e-commerce and...

Latin America Takes the Lead as Stablecoin Global Settlements Reach $7 Trillion

Circle recently reported that the global settlement volume of stablecoins reached $7 trillion last year, nearly half the $14 trillion settled by financial powerhouses...

Fintech Clara launches payment accounts in Brazil, aims for $1B in transactions

Fintech unicorn Clara continued to expand its offering in Brazil by launching a high-yield payment account in the country, unveiling another chapter of its...

Fintech Nexus Newsletter (December 12, 2023): X is slowly building finance capabilities

Twitter/X has been going state-by-state obtaining money transmitter licenses. The social media platform is now approved in 12 states. For the last year or so Elon Musk has...

Fintech Nexus Newsletter (December 6, 2023): Fintech is losing a champion in Congress

House Financial Services Committee Chairman Patrick McHenry (R-NC) announced yesterday that he will not be seeking reelection to the North Carolina seat he has held for...

Shopify Rebellion Wins Valorant 2023 Game Changers Championship

Shopify Rebellion are the winners of the Valorant 2023 Game...

Fintech Nexus Newsletter (December 1, 2023): Fintech consolidation continues: Yieldstreet acquiring Cadre

While it is not yet a wave, fintech consolidation is starting to pick up. And yesterday we learned of another deal, this one in...

LatAm neobanks show promising signs, soaring profits in Q3

Times might be hard for global tech firms, but the largest neobanks in Latin America are not showing it. The region’s biggest fintechs have...

German N26 exits Brazil amid fierce digital banking competition

Two years after arriving in Brazil, neobank N26 has announced intentions to pull out of its Latin America endeavor. The German digital bank, one of...

Lessor Air Lease Corporation announces delivery of first of eight new Airbus A321neo aircraft to LATAM Airlines

Air Lease Corporation (ALC) announced one new Airbus A321-200neo aircraft delivered to LATAM Airlines. This A321-200neo aircraft is the first of eight new Airbus...

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