Digital Payments

RappiPay bags local loan

Loans Debt Technology

Colombian fintech borrows $114 mln from four lenders to fund expansion plans

Clip signs three-year revolver

Loans Funds Mexico

Mexican digital payments company borrows $50 mln from Morgan Stanley, JPMorgan and HSBC

Engen delays debt market return until next year

Bonds Debt Loans

Mexican financial services firm does not plan to go to the market in 2022, but it could "explore opportunities" in 2023, source says

Cielo selects new CEO

Corporate & Sovereign Strategy Brazil Capital Markets

Estanislau Bassols will take over for Gustavo Souza at the Brazilian payments processing company

Citi invests in Belvo

M&A Equity Technology

US financial group buys a stake in the Mexican open finance API platform

Kushki acquires start-up in Mexico

M&A Technology Digital Payments

Ecuadorean payments platform buys Billpocket and expects to grow 300% in Mexico in the next few months

Gentera increases stake in ConCrédito

Debt Loans M&A

Mexican microfinance group uses cash and loans to fund the $100 mln purchase

Citi works on shortlist of Citibanamex bidders

Funds M&A Mexico

Mexico's finance ministry is preparing to offer its opinion on the potential buyers, deputy finance minister is reported to say

Clara eyes next fundraising round

Debt Equity Funds

Mexican corporate credit card platform could raise another $70 mln in the "not-too-distant future," CEO says

Clara takes out loan from Goldman Sachs

Debt Loans Latin America

Mexican corporate credit card platform secures a credit line for up to $150 mln to double its business in Latin America

Kontempo raises seed money

Debt Equity Funds

Mexico City-based fintech raises $31.5 mln in a debt and equity round led by Canada's Portage Ventures

Stori eyes next fundraising round

Debt Equity Funds

Mexican fintech looks to raise $150 mln by the end of the year to expand its operations in Latin America, co-founder says

Paystand eyes IPO after Yaydoo deal

M&A Latin America Colombia

US B2B payments company aims to build scale and use the acquisition to expand operations to Mexico, Colombia and Canada, Yaydoo CEO says

Cielo loses CEO

People Technology Digital Payments

Gustavo Sousa leaves the Brazilian payment processing company after a little more than a year in the job

IDB issues blockchain bonds in Spain

Corporate & Sovereign Strategy International Financial Institutions Inter-American Development Bank (IDB)

US-based development bank works with BBVA on a platform it expects to bring to Latin America