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In a Latin American market witnessing diminishing funds for startups, the Mexican fintech Klar emerges prominently by securing substantial credit to enhance its services in a country grappling with banking challenges.
Fodology’s round involved pre-existing investors, Andreessen Horowitz (a16z) and Chimera, and new investors, such as 30N Ventures.
In May, US$5.6 billion in remittances were received throughout Mexico, with an annual increase of 10.7%, according to the Bank of Mexico.
Envíame is making its entrance in Mexico, one of the fastest-growing logistics economies in the region, holding a prominent seventh place in the global industry.
The performance of fintech applications highlights Latin America as a key emerging player in the sector. However, factors such as inflation require adaptation strategies by fintech actors.
The co-founder of Kaszek Venture Capital assures that things will improve for startups and investors by 2024.
Through the acquisition of Pismo, Visa will be able to provide enhanced service to its clients in financial institutions and fintech.
Before starting operations, the company was awarded by Tropheé Startup in France and StartUp Eurolé in Spain.
Startups and youth walk hand in hand. Or so we’ve been told. There’s a reason why there are…
Forward Fooding, a collaborative platform for the food and beverage industry based in Barcelona, recently published the fourth…