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Brazilian Fintech Pinbank Secures US$19.6 Million Through Credit Fund
Pinbank has raised US$19.6 million through a credit investment fund to expand its payment acquiring business, strengthen its financing capacity, and support future growth.
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Pinbank has raised US$19.6 million through a credit investment fund to expand its payment acquiring business, strengthen its financing capacity, and support future growth.
Startups
Tether has invested US$20 million in Argentine fintech Ualá, supporting its expansion across Argentina, Mexico, and Colombia while strengthening its regional financial ecosystem.
Startups
Canopy acquires Maxicon Sistemas, entering Brazil’s agribusiness technology sector through a software platform supporting over US$21.8 billion in transactions.
Startups
MILA Stories is using AI and WhatsApp to transform conversations into collaborative stories after raising a US$800K pre-seed round.
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Google says Brazil has become a source of innovation, expanding support through its Accelerator program and a new AI-focused investment fund.
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OpenAI has appointed Nubank CEO David Vélez and BNY CEO Robin Vince to its boards, strengthening governance, global leadership and corporate oversight.
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Quick Soft has acquired RGBtec, its second acquisition in under 60 days, reinforcing its position in Brazil's receivables technology market.
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Infobip has acquired SocketLabs to strengthen its AI-first communications platform with advanced email infrastructure and deliverability capabilities.
Kolek has been acquired by RecebeAqui, forming a new fintech holding focused on expanding payment solutions across multiple industries.
Núclea announced the acquisition of Data Rudder to expand its fraud prevention and AML capabilities, pending approval from Brazil's Central Bank.
Brendi raises US$ 6.6 million to expand its AI-powered WhatsApp ordering platform, helping restaurants reduce reliance on delivery marketplaces.
QI Tech acquires Autobanking to enter Brazil's vehicle financing market, aiming to scale its lending infrastructure and accelerate growth.
Conta Cheia raises approximately US$9.8 million to expand its payroll lending platform and provide more accessible credit to Brazilian workers.
Four Media for Equity firms are reshaping Mexico's startup ecosystem by exchanging media exposure for equity and helping founders scale faster.
Citigroup strengthens its wholesale banking strategy in Latin America, focusing on Brazil, corporate finance, treasury, and wealth management.
ABSeed launches a US$19.7M evergreen fund to support follow-on investments, Series B and C startups, and expand into new sectors.
Mercado Bitcoin secures a US$20M investment from Tether to expand tokenization, blockchain payments, and on-chain financial services.
Jota raised US$30 million in a Series A round led by Haun Ventures to expand its AI-powered digital account for entrepreneurs.
Dondo launches its AI-powered e-commerce platform in Colombia after raising nearly US$5 million and expanding across the US and UK.