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Brazil

Brazil Fintech
Brazil’s B3 Exchange To Launch Bitcoin Futures In Brazil Next Month

Brazil's fintech sector is facing a surge in loan defaults, with some portfolios experiencing delinquency rates over 60%.

High delinquency rates challenge startups like Open Co, Nexoos, Gyra+.

March 25, 2024

Brazil
Guru Spoc Receives Green Light For Open Insurance Operations In Brazil

Guru Spoc Receives Green Light for Open Insurance Operations in Brazil

Fintech to offer digital wallet, insurance aggregation, and comparison services in the land of samba and soccer

March 18, 2024

Acquisition Brazil Retail
Nayax Expands Latin American Footprint, Acquiring Brazil's Vmtecnologia

Nayax Expands Latin American Footprint, acquiring Brazil's VMtecnologia

VMtecnologia's robust network, serving over 2,400 retailers across Brazil's 27 states and more than 466 cities, now brings an additional...

March 11, 2024

Brazil Fintech
Brazilian Fintech Cloudwalk Announces $320.5 Million Revenue, Plans U.s. Expansion With Cutting-edge Payment Solutions

Brazilian Fintech CloudWalk Announces $320.5 Million Revenue, Plans U.S. Expansion with Cutting-Edge Payment Solutions

CloudWalk's achievement of $320.5 million in revenue and $22.3 million in profits for 2023 highlights its successful year marked by...

March 7, 2024

AdTech Brazil
Finanzero Secures $4m Media-for-equity Deal With 4equity

FinanZero Secures $4M Media-for-Equity Deal with 4Equity

Partnership aims to boost FinanZero's market presence, leveraging 4Equity's advertising network for growth.

March 5, 2024

Brazil
Lecupon's Revenue Hits R$1m Monthly

Lecupon's Revenue Hits R$1M Monthly

Expanding in the Loyalty Tech Market, the Brazilian Startup Aims to Double Growth in 2024

February 26, 2024

Brazil Colombia Delivery Mexico
Frubana Ends Operations In Colombia And Mexico To Focus On Brazil

Frubana Ends Operations in Colombia and Mexico to Focus on Brazil

The company cites financial constraints as the reason for withdrawing, except in Brazil where operations will continue.

February 20, 2024

Brazil e-commerce Fintech
Brazilian Fintech Koin Expands Services And Aims To Double Credit Volume In 2024

Brazilian Fintech Koin Expands Services and Aims to Double Credit Volume in 2024

Diversification Strategy Leads to Positive EBITDA, BNPL Operation Shows Promise

February 16, 2024

Brazil EdTech
4mdg Secures R$3.8m For Ai Data Management

4MDG Secures R$3.8M for AI Data Management

BR Angels leads funding with Darwin Startups' support.

February 16, 2024

Brazil Europe
Krakow-based Edrone Secures €4.6 Million For Latam Expansion And Team Growth

Krakow-based edrone Secures €4.6 Million for LatAm Expansion and Team Growth

Lead investors include INventures, Mueller Medien, Atmos, and PortfoLion, following a nearly $7 million ARR and a $30 million valuation.

February 5, 2024