Archive
Top 5 Fintech Cities in the USA
A world leader in tech innovation, it comes with little surprise that the US has produced some of the world’s biggest fintech companies with widely renowned names including PayPal, Square and Stripe. Today, the country hosts some of the largest
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5 Trends Shaping Brazil’s Fintech Industry in 2021
Brazil, the largest fintech market in Latin America (Latam) and the fifth in the world with more than 750 fintech companies, had a glorious year 2020, and the momentum is expected to continue in 2021. Investment in Brazilian fintech companies
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Miami Sees Booming Fintech Ecosystem Amid Favorable Political Environment and Latam Opportunity
As Miami rapidly becomes a central destination for technology development and a symbol for the tech exodus from Silicon Valley, fintech companies are flocking in the city, looking to leverage its Latin American (Latam) ties and crypto-friendly political environment. This
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Mexican Fintech Credijusto Acquires Banco Finterra for Under US$50 Million
Credijusto, a Mexican lending platform for small businesses, announced the acquisition of a local bank Banco Finterra which specialises in financing solutions for small businesses and the agriculture sector. According to Reuters, Credijusto acquired the regulated bank in a deal
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Brazilian Cross-Border Commerce Platform EBANX Bags US$430 Million Ahead of IPO
EBANX, a Brazilian cross-border commerce platform, announced an investment of US$400 million from Advent International and an additional commitment of US$30 million to the company’s planned IPO in the U.S. Advent has made investments in Vantiv, Worldpay, Nets, Nexi, Planet,
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Dutch Payments Firm Adyen Granted Branch License to Operate in California
Dutch payments firm Adyen announced that it has received approval from the US Office of the Comptroller of the Currency (OCC) to establish a branch in California. With the OCC’s approval and granting of the branch charter in combination with
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Broadridge Expands Wealth Management Capabilities with AdvisorStream Acquisition
Broadridge Financial Solutions, provider of investor communications, technology-driven solutions, and data and analytics to the financial services industry, announced that it has acquired AdvisorStream, a provider of digital engagement and marketing solutions for the global wealth and insurance industries. Terms
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Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million
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Capchase Secures $125 Million Funding to Launch Financing for Tech Companies
Capchase, a New York-based a platform for recurring-revenue companies to secure non-dilutive capital, has announced a US$125 million Series A investment, led by QED Investors. Additional investors in the round include early backers Bling Capital, ScifiVC and Caffeinated Capital, along
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Wealthtech Startup Yieldstreet Lands US$100 Million in Series C Fundraise
Yieldstreet, a New York-based digital investing platform, announced that it has raised US$100 million during a Series C funding round. Tarsadia Investments, led the round, joined by Kingfisher Investment, Top Tier Capital Partners and Gaingels. Existing investors, Edison Partners, Soros
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