Latinia

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Latinia is an independent software vendor specialized in infrastructure product development for multichannel asynchronous-type financial notifications (mobile or instant messaging, email, Social Media, push) and contextual generation communications.

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PORTFOLIO NEWS

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Following accounting scandal, Wirecard sells ops in Brazil to PagSeguro

2 months ago

Contxto – Following a scandal of tampered accounting books, the dismantling of German Wirecard’s global operations has begun. Today (21) fintech company PagSeguro announced it acquired Wirecard’s operations in Brazil for an undisclosed amount.  The parties now await approval from the Central Bank and antitrust authorities. Wirecard’s woes For the sake of adding some background, […]

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Fintech Flux wants to help small businesses and freelancers in Mexico survive Covid-19

5 months ago

Contxto – Fintech Flux is preparing for e-wallets and QR code payments to take off in Mexico. However, it’s well-aware that many businesses and freelancers are cash-strapped with the current coronavirus (Covid-19) pandemic. But rather than sit by and watch, it’s taking matters into its own hands. To help businesses and freelancers stay afloat, the […]

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Fintechs, apply to raise US$50,000 through Village Capital, the MetLife Foundation, and PayPal

5 months ago

Contxto – The clock is ticking! Next Friday (15) is the last day for startups to apply for the 2020 edition of Finance Forward Latin America. Village Capital, in collaboration with the MetLife Foundation and Paypal, manage this program to offer fintechs the opportunity to identify key milestones in their development and help them grow. […]

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10 lessons for fintech in a post-Covid world

5 months ago

Contxto – What’s the post-Covid world going to be like? That’s that question on founders’ and investors’ minds alike. The answer still isn’t entirely clear, as practically all countries in Latin America are still grappling with the pandemic’s effects on their healthcare systems and population. The only thing that’s really certain is that the world […]

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Prometeo promises to expand open banking API products to Brazil and Panama

5 months ago

Contxto – Prometeo is bringing its open banking APIs (Application Programming Interfaces) to more fintechs in the region. The startup recently announced it expanded its services into two countries: Brazil and Panama. According to Prometeo’s website, it had already been operating in seven other markets in Latin America: Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and […]

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Mexico’s Stori is the latest neobank to cash-in, US$10 million in Series A2

8 months ago

Contxto – It’s that time of the year again! Another Mexican neobank has raised funding.  According to a PR Newswire press release, Mexican mobile-only neobank, Stori, has concluded a US$10 million Series A2 round. A2? I swear I thought that was either an Audi or a steak sauce. Anyways, moving on.  The investment was co-led […]

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Mexico’s ecosystem of fintechs and VC grows with recent developments

8 months ago

Contxto – This is a two for one in news, readers.  Starting off, according to Finnovista’s white paper “Latin America: Global Investors’ New Fintech Frontier,” Catalan software developer Latinia is a key player in Mexico’s fintechs. Specifically, the corporate venture capital (VC) firm from Spain is the largest investor in Finnovista’s Startupbootcamp accelerator program. And […]

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Fintech Flink wants to make investors out of millennials

9 months ago

Contxto – The new feature fun continues. Fintech Flink will be releasing an additional option for its app. As of the second quarter of 2020, users can invest directly in various companies via Flink’s platform. According to a recent press release, Flink has over 120,000 users among which 98 percent stated they were interested in […]

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Latinia makes undisclosed investment in Mexican neobank, Flink

10 months ago

Contxto – Spanish fintech Latinia shook things up last week with the announcement of an undisclosed investment in B2C (business to customer) Mexican neobank, Flink. The Barcelona-based business stated that it shifted its B2B (business to business) focus with Flink due to the rising demand of neobanks in Latin America, specifically Mexico. Flink, for its […]

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Emergent fintech from Uruguay Prometeo raises funds from Latinia to integrate with regional banks

10 months ago

Contxto – In Greek mythology, Prometheus was the Titan credited for gifting humanity the fire of the gods. Although certainly a noble aim, ultimately Zeus punished him for petty theft by chaining him to a rock for all eternity. Oh, and having a vulture repeatedly eat his regenerative liver. Meanwhile in Uruguay, the Spanish-language equivalent […]

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