Latin American fintech Nomad bags $32m funding
Brazilian fintech Nomad, which allows customers to open a bank account in the US, has raised $32m in the latest funding round. …
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South & Central America
Banorte looking to buy Citi’s retail business in Mexico
Mexican banking group Banorte is in talks to acquire Citi’s retail banking business in the country, Reuters has reported. As an initial…
NovoPayment secures $19m funding to scale BaaS offering in US
US-based fintech startup NovoPayment has raised $19m in a Series A funding round led by Fuel Venture Capital and IDC Ventures. The…
Itaú Unibanco takes nearly 13% stake in Orbia
Brazilian banking group Itaú Unibanco has acquired a 12.82% stake in Rede Agro Fidelidade e Intermediação S.A. (Orbia) to expand its operations. …
Brazilian startup Stark Bank rakes in $45m in Series B round
Brazilian fintech startup Stark Bank has raised $45m in its Series B funding round led by Ribbit Capital, media reports said. The…
Digital challenger Nubank bags $650m credit line for international expansion
Brazilian digital lender Nubank has secured a credit line of $650m to bolster its operations in Mexico and Colombia. The new investment…
Bahamas’ financial institutions hold $3bn Russian assets
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict The Central…
Scotiabank increases stake in Chilean arm to 99.8%
Canada’s Bank of Nova Scotia (Scotiabank) has brokered a deal to acquire Grupo Said's remaining 16.8% stake in Scotiabank Chile.…