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Lux Capital Made Its First Investment in Brazil, a $4 Million Seed for AI Fintech Magie
The company, which has raised $5.1 million in total, is creating an AI-powered financial assistant.
- Categories
- Technology
- Region
- Latin America
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Brazil’s Electricity Access Program Needs 1.5 Million Solar Modules
New research shows that achieving universal electricity access in the Amazon region will require up to 15 million PV modules and more than $7.4 billion in investments.
- Region
- Latin America
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Investors Back $225 Million World Bank Bond For Amazon Reforestation and Carbon Removal
The bond aims to mobilize around $36 million to fund Mombak, a Brazilian company dedicated to reforesting the Amazon.
- Region
- Latin America
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Press Release: DFC Announces $42 Million Guaranty to the Dominican Republic’s Banreservas, Plans to Open New Regional Office in Santo Domingo in October
The new loan portfolio guaranty to the Dominican Republic’s largest bank will increase small business lending with a particular focus on underrepresented entrepreneurs.
- Categories
- Finance
- Region
- Latin America
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Aviva Raises $5.5 Million to Provide Financial Services to Underserved
The company operates a series of kiosks around Mexico that allow users to apply for loans via video call, get approved in real time and receive their funds in under 24 hours.
- Categories
- Finance, Technology
- Region
- Latin America
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ABC Fund Invests €1.1 Million in Colombia’s MiCreditoYa Microfinanciera SAS
The Agri-Business Capital Fund (“ABC Fund”) today announces an investment of EUR€1.1m in MiCreditoYa Microfinanciera SAS, a leading Microfinance Institution operating in the Nariño department in the South West of Colombia.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Press Release: DFC Announces $30 Million Technical Assistance Facility During Americas Partnership for Economic Prosperity Ministerial Meeting
The new investment represents a strategic response to the need for more support in project development in the region.
- Categories
- Investing
- Region
- Latin America
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FinDev Canada Invests up to US $20 Million in Costa Rica’s First Blue Bond
Structured by IDB Invest, who also invested $US 25 million, the bond is co-subscribed by LAGreen fund ($US 5 million).
- Categories
- Environment, Investing
- Region
- Latin America
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