Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
The firm plans to use the funding to fuel global subscriber growth.
Cross-border commerce firm plans to expand its partnership network.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The Brazilian digital bank’s Series G funding round has now topped $1.15 billion.
The Series A funding round is claimed to be the largest to date for a fintech in Latin America
Addi is continuing a planned expansion into Mexico and Brazil.
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
A clutch of early investment rounds from May you could have missed.
The fintech intends to use the fresh capital to hire more employees.
New merchants acquiring deal covers transactions online and in-person.
WhatsApp is only allowed to do P2P payments in Brazil.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
Banco Rabobank International Brasil embarks on a major front-to-back office overhaul with Oracle’s tech.
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Brazilian challenger reaches $1.8 billion in total funding raised.
Featuring PPRO, iSTOX, Indy, Mercado Bitcoin, and Brigit.
Dinie was founded in the UK, made in Germany, and designed for Brazil.
Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.
The country’s central bank has granted it a SCD licence.
Kaspersky researchers believe the malware is ready for a world tour.
The launch has been delayed for years since its beta testing in 2018.
Country’s central bank wants “integrity, reliability, and security” from participants.
Afinz switches out legacy in-house tech for FIS processing platform.
“LatAm looks to the US as a beacon,” says COO.
Brazilian challenger back secures Series C in same week as competitor Nubank.
The raise was spotted in a SEC filing.
The deal is subject to approvals by the Brazilian Central Bank and antitrust authorities.
Cognitect snapped up by Brazilian neobank.
WhatsApp’s service has been live in Brazil for just over a week.
The Brazilian bank is launching its payment solution in North America.
Omni operates across Chile and Colombia.
In Q1 of 2020, Nubank acquired 42,000 users each day.
Brazilian card processor already claims three new customers.
The firm is also looking to hire between 40-50 new developers.
“We began our journey in a kitchen trying to lend our own money,” says start-up.
The Brazilian financial group is revamping its international and Swiss operations.
Phased implementation will start in November 2020.
RTM has set up new, low latency routes to the USA, Europe, South Africa and Asia.
Elas was officially founded in January this year.