Plerk drums up financing

Mexico Funds Technology

Mexican employee benefits start-up carries out Series A round to finance expansion

GMOL acquires comparator in Mexico

M&A Mexico Spain

Italian insurance broker to pay $150 mln for Rastreator and Lelynx comparison services in France, Mexico and Spain

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

Brazilian fintechs hungry for cash, hoping for better days

Corporate & Sovereign Strategy Economy & Policy Funds

Firms have struggled to raise funds and the sector appears headed for consolidation, says head of ABFintechs

Citi invests in Belvo

M&A Equity Technology

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

KKR eyes Telefónica's fiber optic network in Peru

M&A Telecoms Mobile

US investment fund is in talks with the Spanish telco to buy a majority stake

Casai, Nomah merge to expand in LatAm

M&A Latin America Brazil

Mexican and Brazilian proptechs create the largest short-term rental company in Latin America and plan to expand to Colombia and Chile

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

Covalto goes for Nasdaq listing to finance M&A

IPO Bonds Debt

Mexican fintech sets up an IPO with LIV Capital's second SPAC for the end of the year or the beginning of 2023, co-CEO says

Nu promotes COO to new position

Corporate & Sovereign Strategy Latin America Brazil

Brazilian digital lender appoints Youssef Lahrech as president as CEO David Vélez focuses on long-term strategies

Gentera increases stake in ConCrédito

Debt Loans M&A

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

Infracommerce sees cheaper funding after share sale

Corporate & Sovereign Strategy Economy & Policy Equity

Brazilian e-commerce company looks to raise up to $79 mln from existing shareholders

Klavi raises funds for expansion

Corporate & Sovereign Strategy Funds Brazil

Brazilian fintech picks up $15 mln in a Series A round, including the first investment in a local start-up by a Chinese VC firm, co-CEO says

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