Xepelin raises US$111 million in an historic Series B round
The Chilean Fintech announced that the financing round was led by Avenir and Kaszek, along with the participation of others, such as PayPal Ventures, Wellington, Picus, Cathay-Seaya Latam an...
Peruvian fintech firm seeks to expand from Chile to the entire region
The paytech firm Instacash Preauth has raised US$800,000 with Alaya capital and 500 startups. After entering the market in April 2021, it has grown 20% in each of the past 10 months and now ...
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FinTechs that began in this region are expanding throughout LatAm
Tribal Credit, Jeeves, Clara and Xepelin are companies expanding into various parts of the continent. Most share the vision that the public is under-served and see this as an opportunity, es...
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The details behind Sequoia’s investment in Chilean startup Fintual
The US$39 million investment in Fintual marks Sequoia’s arrival in Chile amidst the burgeoning Fintech industry in Latin America. The company has invested in other regional startups, such as...
International start-ups explain why they chose Chile
Chile’s vibrant local entrepreneurship ecosystem, international trade agreements, financing programs and high level of technological development are the main factors that attract foreign inv...
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FinTech firms report positive numbers despite the pandemic
According to a study conducted by EY and FinteChile, 60% of survey respondents saw their clientbase grow and 71% are seeing an increase in sales.
Fintech and open banking in Chile: Legal framework fast-track
The Ministry of Finance will work to draw up a legal proposal for an Open Banking Standard, promoting competition and innovation in the financial market and the incorporation of new fintech ...
Chilean ICT developers make their way into the US market
The trade commissioners of Chile in New York and Miami indicated that innovation in financial services and entrepreneurship are the heavyweights of the sector in the world’s leading economy.
Fintech in Latam: They are lasting longer and incorporating more women
A study by Digital Bank Latam shows that more than half of fintech firms in Latin America last more than two years and, in some cases, more than ten years, that over 20% have operations in m...