Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
The equity injection is an extension of the company’s $15 million Series A round from 2022.
BCP will use Microsoft Azure to create a hybrid computing environment in collaboration with Kyndryl.
The Kuady digital wallet has recently become available in Argentina, Chile, Mexico, and Peru.
The partnership will enable cross-border payments to Mastercard debit cards in 14 receiving markets.
The investment firm has deployed the SaaS solution across 71 funds.
The move seeks to offer “new and accessible payment services to everyone, especially the unbanked population in Peru”.
The global network aims to boost the economic development of the Amazon region.
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
The offering positions Tenpo as a competitor to traditional financial lenders in the country.
The Chilean firm will use Thought Machine’s Vault Core to develop personalised financial products.
The cloud-based Temenos Transact platform supports Cuentas DNI, the bank’s new digital account.
Tribal says the Latin American region represents a $175 billion market opportunity.
The deal is expected to close by the end of August.
Peruvian clearing house CCE is deploying a collection of systems from the two companies.
LatAm has seen 17 companies and two VCs secure funding from the Japanese conglomerate.
Teams with Cámara de Compensación Electrónica for real-time upgrade.
Peruvian mobile wallet BIM, described as “the world’s first fully-interoperable national mobile money platform”, will launch new services in H2 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings and loans, and micro-insurance.
As Peru rapidly grows its economy, the country’s Bolsa de Valores Lima exchange hopes to turn itself into a regional hub for international investors. To that end, the exchange has gone live with a new trading platform, built by the London Stock Exchange’s MillenniumIT subsidiary.
The London Stock Exchange Group has entered a partnership with Peru’s Lima Stock Exchange, in which the LSEG will provide trading and smart order routing technology to Peru.