Remessa Online raises $20 million to become the TransferWise of Latin America

Remessa Online, the Brazilian money transfer service, said it has closed on $20 million in financing from one of the leading Latin American venture capital firms, Kaszek Ventures, and Accel Partners’ Kevin Efrusy, the architect of the famed venture capital firm’s...
Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services

Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services

Belvo, a Latin American fintech startup which launched just 12 months ago, has already snagged funding from two of the biggest names in North and South American venture capital. The company is aiming to expand the reach of its service that connects mobile applications...

Fintech regulations in Latin America could fuel growth or freeze out startups

Ximena Aleman Contributor Share on Twitter Ximena Aleman is co-founder and chief business development officer at Prometeo, an open banking platform that serves Latin America. It may have entered the game later than other leading regions such as Europe and North...
Huawei Executive One Step Closer to U.S. Extradition After Major Loss in Court

Huawei Executive One Step Closer to U.S. Extradition After Major Loss in Court

The chief financial officer of Chinese tech giant Huawei, Meng Wanzhou, is much likelier to end up facing prison time in the United States after her legal strategy to avoid extradition from Canada suffered a massive blow on Wednesday.Read more… Click For...

Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million

When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago, the upstart fintech startup was one of Los Angeles’ early entrants into a  financial services market dominated by players from Europe and the financial...