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Global66.com is a technology company that has set out to form the largest challenger bank in Latin America. We are more than 40 people working on a state-of-the-art technology stack to create excellent quality financial services for our clients. Today we have money transfer service, money orders and fast remittances, 100% online, transparent and up to 8 times cheaper than the competition. We are working on several other services that we will announce.
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Latin America’s fintech scene is just getting started, says KoreFusion report
Contxto – Last Wednesday (26) KoreFusion, a San-Fran-based consulting firm specializing in all-things financials and payments published its 2020 Latam Fintech Report. And while I’ve been one to think the region’s fintech landscape has been changing quickly, according to KoreFusion’s findings, it’s just the beginning, boys and girls. The report covers some of Latin America’s […]
Global 66 raises funding to scale remittance platform
Contxto – Chilean fintech Global 66 announced it raised US$3.25 million in January of this year. But more recently, the startup told Contxto it rallied an additional US$1 million and has thus closed its seed round for approximately US$4.3 million. Its investors include Venrex, Genesis Management as well as angels William Armitage, Andrew McKay, and […]
Kaszek leads US$21 million investment in fintech Remessa Online
Contxto – The coronavirus pandemic may have slowed investments down. But some significant rounds are still trickling through and giving us something to talk about. Today, Brazilian fintech Remessa Online closed an investment for R$110 million (around US$21 million) through Kaszek Ventures. Other contributors include Bewater Ventures and Kevin Efrusy—who’s well-known for having led an […]
Fintech Global66 says remittance transfers doubled, expands to Mexico
Contxto – As migrants self-isolate in whichever part of the planet they find themselves, they’re looking for new ways to wire remittances to their families back home. That’s where fintechs come in and they’ve been busy. Chilean Global66 reports that the number of transfers it handled in April was double the amount of transactions it […]
Chilean fintech Global66 raises US$3.25 million for its remittances platform
Contxto – Santiago-based fintech, Global66, raised US$3.25 million in January. The round saw the participation of British venture capital (VC) firm Venrex, as well as Genesis Management and angel investor, William Armitage. Sources report that the startup will use these funds to strengthen its hold in its home country of Chile. In addition, growth plans […]
Remittance platform Global 66 facilitates 20,000 transactions in six months
Contxto – Despite individuals sending US$574 billion worth of remittances to their native countries in 2016, a 1.4 percent drop compared to the previous year, the numbers actually grew in Latin America and the Caribbean. During this time, the region saw a 7.4 percent increase with US$74.3 billion in funds sent. Keeping these numbers in […]