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.
Walmart, Inc. (NYSE: WMT) acquired Cornershop, Inc., an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, for $225m.
M12, Microsoft Corp.’s venture fund, in collaboration with the EQT Ventures fund and SVB Financial Group, launched the Female Founders Competition.
Prysmex, a Monterrey, Mexico-based IIoT startup focused on the construction sector, received an investment from Cemex Ventures.