This is the Buk's second round of financing after having its $50 million Series A in October 2021, led by Greenoaks and SoftBank LatAm.
Look beyond the initial aftereffects of recent market shocks and there are plenty of positive developments happening in blockchain-related industries, the leader of a global investment firm believes.
These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
Amdist valuation troubles and a looming tax bill, Stripe raises $6.5 billion in Series I funding round, beating skepticism.
Toku raised $7 million to expand digital collection services in Latin America. The fintech will boost its current Mexico strategy.
Despite the drop in funding and waves of layoffs, employee equity remains a priority across the US and Europe.
Venture capital funding to LatAm startups droped 70% to $1.3 billion in the quarter, down from $4.1 billion in the year-ago period.
Fintechs in Mexico draw funding to cater to underbanked SMEs and individuals. Kapital tapped $65 million, while Stori secured $50 million.
Deployment of capital may be down this year but VCs have shifted gear, bringing extra focus to founders and their ability to adapt.
This week, Isabelle sat down with Daniel Ballen, of Portage to discuss the funding environment for fintechs and strategies for success.
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