With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
The digital payments ecosystem is rapidly growing in LatAm, and with it, QR code payments are now one of the most used services
Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.
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.
Mendel plans to use the resources raised in this round to double its growth and accelerate the development of its platform.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
This acquisition consolidates Yaydoo's position as the largest provider of payment solutions in the Latin American B2B market.
This new investment tripled Menta's valuation, which now plans to consolidate its position in Mexico, Colombia, and Argentina.
Franq's Series A extension was led by Quona Capital and had the participation of Globo Ventures and Valor Capital Group.