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Press Release: DFC Loan to Produbanco to Drive Inclusive Development in Ecuador
Produbanco will utilize DFC financing to on-lend to small- and medium-sized enterprises (SMEs) and women borrowers which promote gender equity and inclusion.
- Categories
- Coronavirus
- Region
- Latin America
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Mexican Fintech Konfio Says Now Worth $1.3 Billion With New Capital
Konfio, which helps small businesses secure loans, said the funds will be used to broaden its reach in Latin America’s second-largest economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Mexico’s Kavak Drives Away With $700 Million in New Funding, Doubling Its Valuation to $8.7 Billion
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced it has raised a massive Series E round that more than doubles the company’s valuation.
- Categories
- Finance, Technology, Transportation
- Region
- Latin America
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Analysis: Scepticism Grows in El Salvador Over Pioneering Bitcoin Gamble
El Salvador will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks.
- Categories
- Finance, Technology
- Region
- Latin America
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FV Bank Raises $8 Million Series A Funding
Headquartered in Puerto Rico, FV Bank will utilize the funding to launch a digital asset custody solution, a debit card along with international expansion.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: The ABC Fund Supports Bolivian Microfinance Institution CIDRE IFD With Multi-Million-Dollar Investment
The Agri-Business Capital Fund (‘ABC Fund’) has announced that it is investing USD 4.7 million in Centro de Investigación y Desarrollo Regional (‘CIDRE IFD’), a microfinance institution providing financial support to smallholder farmers in Bolivia.
- Categories
- Agriculture, Finance, Investing
- Region
- Latin America
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Mexican Neobroker Flink Raises $57 Million To Boost Financial Inclusion in Latin America
Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners.
- Categories
- Finance, Technology
- Region
- Latin America
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Tendenube Becomes the New Unicorn in Mexico After Receiving an Investment of US $500 Million
The ecommerce platform Trendenube received a new round of investment for 500 million dollars, making it the new unicorn in Mexico
- Categories
- Investing
- Region
- Latin America
- Tags
- e-commerce, startups
