REPORT
Women in FinTech: Redefining the Future of FinTech.
The report focuses on both women leaders in FinTech – founders, executives, and investors – as well as FinTech companies with products focused on improving financial wellness and inclusivity for women.
The report features several exclusive interviews with female leaders across the FinTech landscape and highlights female-led FinTech companies as well as female-focused investment firms.
👉 Check out the second edition of Financial Technology Partners / FT Partners in-depth research report. Link here
👀 NEWS HIGHLIGHT
Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment providers and the blockchain industry.
The partnership with Visa allows Tribal to issue business credit cards in local denominations and currencies across Latin America, including Mexico, Brazil, Colombia, Argentina, Chile, Peru, Panama, Uruguay and the Dominican Republic.
While the Visa partnership is centered around providing small businesses with traditional financing solutions, Tribal’s technology also allows enterprises to utilize cryptocurrencies and blockchain technology to accept payments and transfer funds.
👉 Read the full article here
😎 SPONSORED CONTENT
PayRetailers is your payment processor in Latin America. With PayRetailers grow your business in emerging markets, through a network of local payment methods that allow you to accept payments, send payouts and settle funds, regardless of the country you operate in.
👀 INSIGHTS
Which are the most valuable Y Combinator FinTechs from LATAM - February 2022?
Y Combinator shared their list of the latest startups that have joined their program.
Featuring: Belvo, Rappi, Jeeves, Fintual, and Fondeadora
👉 Read the full article here.
🎤 PODCAST
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👉 Read all about M&As, VCs, Down Rounds, IPOs, Funding Rounds, etc.
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ARGENTINA
Mobi724 Global Solutions Inc., a fintech enabler of real-time, AI-powered payment card-linked solutions, is pleased to announce it has entered into an agreement in principle with Avenida Inc. to acquire all of the shares of Avenida Compras S.A., a rapidly growing white-label marketplace and e-commerce business with a growing presence in Latin America.
The purchase price payable by Mobi724 for Avenida+ will consist of an upfront payment of US$4.0 million, of which US$3.5 million will be paid in cash and US$0.5 million will be paid through the issuance of shares at their market price at the time of closing, subject to a minimum issue price of $0.05 per share as per the requirements of the TSX Venture Exchange, as well as potential additional payments of up to a further US$6.0 million, payable in cash and shares, based on Avenida+'s financial performance during the period ending December 31, 2023 (the "Earn-out Payment"). Link here
If you are a fintech startup and have over 100 questions send me an email, maybe I can answer a few.