Technology

Ruba borrows from IDB Invest

Loans Funds Equity

Mexico’s real estate company secures $75 mln in financing to develop housing for low- and middle-income earners

Votorantim, Temasek unveil new fund

Corporate & Sovereign Strategy Funds M&A

Brazilian conglomerate and Singapore's sovereign wealth fund commit $700 mln to create 23S Capital

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

Zenvia weighs future financing options

Corporate & Sovereign Strategy Equity IPO

Brazilian IT company considers local bonds or bank loans after spending last year's IPO proceeds on three acquisitions, CFO says

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

B3 to roll over debt in local market

Corporate & Sovereign Strategy Debenture Brazil

São Paulo stock exchange plans to issue $560 mln in new five-year debentures to pay off notes that it sold in 2020

Klar buys AI start-up

M&A Technology Mexico

Mexican digital finance platform says the acquisition of SOMOS will accelerate expansion using new credit-risk models

Microsoft names new CEO in Mexico

Mexico Capital Markets People

US technology company picks Rafael Sánchez to replace Enrique Perezyera

Stori adds to financing round

Equity Debt Technology

Mexican fintech raises another $150 mln, including $100 mln in debt from US investment manager Davidson Kempner

Nubank asks for new license in Colombia

Loans Debt Regulation

Brazil-based digital lender wants to expand product lines and compete with traditional banks