PagSeguro acquires Wirecard amid noise
PagSeguro, the Brazilian payment company, has announced the purchase of Wirecard, one of the largest German payment businesses in the world, involved in a scandal involving the “inflation” of fake funds in its home country. The purchase, on the other hand, has not yet been approved by the Central Bank of Brazil.
Pontee raises investment for more than US $ 28M
Brazilian lending fintech Pontte received an investment of more than US $ 20 million (R $ 160 million) from an undisclosed global investor. The acquisition, according to Pontee executives, will mainly serve to expand the loan portfolio with a view to reaching R $ 400 million for this year.
VTEX will invest US $ 20M for LatAm growth
As part of its growth and consolidation in Latin America, the multinational e-commerce firm VTEX announced that it will make an investment of US $ 20 million over the next four years, with a focus on the construction of a regional Hub aimed at developing Apps.
See also: With new scoring models, LatAm fintechs keep lending through crisis
Creze, SuperSim and Xcapit close investment rounds
Creze, a Mexican fintech for loans to SMEs, closed an investment round for 265 million pesos (more than US $ 12 million) from local investors. In addition to financing for SMEs, the fintech also offers factoring and loans of up to 5 million pesos.
SuperSim, a Brazilian microlender raised a round of debt for US $ 5.5M. The company is now targeting a Series A by the end of the year.
Similarly, Xcapit, an Argentine company focused on the development of investment bots in cryptocurrencies, also received capital for US $ 450,000, a value that it will take advantage of to launch its regional expansion.
Mexico’s CNBV reorganizes for regulationg fintech
Mexico’s fintech and banking regulator, the National Banking and Securities Commission (CNBV), has reorganized its structure, to prioritize the supervision of Financial Technology Institutions, or fintech.
See also: LatAm fintech investors retreat to pockets of safety amid pandemic
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