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 and Gilgamesh. 

Topics: Fintech

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 has a team of 15 people in Chile. 

Topics: Fintech

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, especially in financing for the small- and medium-sized business segment. 

Topics: Fintech

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 Despegar.com, Nubank and Rappi. 

Topics: Venture Capital- Fintech- Financial Market- Fintual- Sequoia

Chile’s vibrant local entrepreneurship ecosystem, international trade agreements, financing programs and high level of technological development are the main factors that attract foreign investment to the country. 

Topics: success stories- technology- StartUp-Chile- Entrepreneurship- Fintech- Foreign companies- startup- Tech Hub

This Wall Street giant became interested in Chile after its Central Bank authorized the internationalization of the Chilean peso. Its main goal is to support its clients in foreign exchange operations.  

Topics: Fintech- Banking- Central Bank of Chile- Finance- Bank of America- Wall Street- banking in Chile

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.

Topics: Foreign Investment in Chile- technology- Fintech- Finance

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 players. 

Topics: Fintech- Banks- Ministry of Finance

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.

Topics: global services- Entrepreneurship- Digital Infrastructure- Fintech- ICT- global services export

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 more than three countries and that there are very few without the presence of women.

Topics: Fintech

With a fund of US$5,000 million to allocate to innovative projects in Latin America, it will prioritize FinTech companies in the country, linked to digital wallets, payment methods and international remittances, among other services.

Topics: Fintech- Japan- Softbank- Banking