Klar, a Mexico City, Mexico-based challenger bank offering a digital alternative to traditional credit cards and debit services, raised $7.5M in seed financing and $50m in debt funding.
TouchBistro, an iPad POS and integrated payments solution built for restaurant people, raised CDN$158m in Series E funding.
Credijusto, a Mexico City, Mexico-based fintech company which offers asset-backed loans and equipment leases to small and medium-sized enterprises (SMEs), raised $42m in Series B financing.
Sanfer, a Mexico City, Mexico-based independent pharmaceutical company, received a $500m minority investment from Caisse de dépôt et placement du Québec (CDPQ).
Tala, a digital lending app company offering unsecured lending via smartphone direct to consumers, raised $110m in Series D funding.
Accenture (NYSE:ACN) is to acquire Insitum, a Mexican service design and strategic research firm focused on innovation through a human-centered approach.
Universidad Kuepa, a Mexican innovative online university, raised US$1m in funding.
Tu Identidad, a Mexico City-based digital identity platform, raises $$600k in funding.
16th May 2019 – Mexico City – Duesday, a Cornwall and London, UK-based FinTech partners with HP and Bluestar Mexico to produce a first of its kind POS payment solution.
Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.
Global technology company SoftBank Group Corp. has launched the SoftBank Innovation Fund, the technology fund focused exclusively on the Latin American market.
Grupo MYT, one of the largest portfolios of fully owned restaurant brands in Mexico, received a strategic investment from the Latin America fund of L Catterton.
Albo, a Mexico City, Mexico-based financial technology company offering consumers a digital account with a prepaid Mastercard to receive, transfer, and spend their money, raised $7.4m in Series A funding.
Polymath Ventures, a Bogotá, Colombia- and Mexico City, Mexico-based based company builder focused on the middle class in emerging markets, is raising a $100m investment fund.
San Francisco, CA-based Brainstorm Ventures has launched its second fund and announced its first three investments of this fund.