Logo Contxto

Fintech

Grupago Nets $4.3M Seed Funding for SMB Credit in LatAm

 This round saw participation from Deciens Capital, alongside Precursor Ventures, Clocktower Ventures, Twine Ventures, and contributions from high-profile individuals such...

March 14, 2024

Investor Trims Revolut's Valuation by $5 Billion Amid UK Banking License Delays

The extended wait for Revolut to secure a UK banking license has led TriplePoint Venture Growth to decrease its valuation...

March 13, 2024

Nu Account Announces Cash Deposit Network for Mexico in Collaboration with Arcus

In the coming weeks, Nu Account holders will gain the ability to deposit cash at 700 Soriana's supermarket stores, expanding...

March 13, 2024

PayJoy Launches New Credit Card for the Underserved in Mexico, Powered by Pomelo

The card offers a new payment method for PayJoy customers, addressing credit access gaps in emerging markets.

March 13, 2024

Thomson Reuters Allocates $8bn for AI Investments, Aims to Transform Professional Services

In the past 18 months, the firm has spent $2bn acquiring AI-capable companies like SurePrep, Casetext, and Pagero, signaling a...

March 11, 2024

'BBVA Technology' a Division Created in 2023, Launches Operations in Latin America

This new tech division, named 'BBVA Technology en América,' is set to be headquartered in Mexico, evolving from the merger...

March 8, 2024

Paraguay's INDERT Partners with Grupo Fintech for Electronic Payments

Expanding access with 8,500 payment points nationwide, enhancing security and convenience for land payments.

March 8, 2024

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

Colombian Startup Kravata Raises $3.6 Million for Latin American Expansion

The company specializes in secure, fast, and efficient payments for businesses, preparing to extend services to Mexico, Panama, Chile, and...

March 7, 2024

Stenn Launches Its First Tech Hub Outside the UK in Barcelona

This will create 25 new jobs and focus on the development of the technology and software underpinning its business model,...

March 6, 2024