With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
Lula has a plan for Brazil. But will venture capital investors keep putting resources into the South American country's fintech sector?
This acquisition consolidates Yaydoo's position as the largest provider of payment solutions in the Latin American B2B market.
Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.
Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.
This new investment tripled Menta's valuation, which now plans to consolidate its position in Mexico, Colombia, and Argentina.
Celcoin wants to make its BaaS service a one-stop-shop for these types of solutions to meet the growing demand in the Brazilian market.