Mexican FinTech Mango Lands $3M Funding Round
Weekly news up to Wednesday, 16th of July 2025.
👀 NEWS HIGHLIGHT
Mango funding round has secured $3 million in capital to address cash flow problems plaguing Latin America’s construction sector.
The round was led by Ironspring Ventures, with participation from Brick & Mortar Ventures, Great North Ventures, Buildtech Ventures, Incisive Ventures, and First Check Ventures.
📰 ARTICLE OF THE WEEK
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
☕️ REGIONAL HIGHLIGHTS
⭐️ The LATAM Stablecoin Payments Landscape.
⭐️ EBANX offers the first direct integration for cross‑border merchants.
⭐️ Paysafe launches PagoEfectivo wallet and expands payment options in Peru.
⭐️ Strategic alliance between Prometeo and Jumio.
BRAZIL
Neon raises US$25 million from IFC and DEG. Jamil Marques, Neon's CFO and COO, said the funds will help Neon accelerate credit investments, with a focus on private payroll loans and technological development. Read more
Bradesco launches Pix via voice command on WhatsApp. The feature, which allows transactions of up to R$300 per transaction, is already being tested with 1,000 selected customers. According to the bank, the next step is to integrate the tool with the institution's other digital channels.
COLOMBIA
Instant payments with Bre-B will also be available for businesses. Bre‑B aims to make digital payments ubiquitous in Colombia, empowering both consumers and businesses alike. While cash remains king for now, Bre‑B could usher in a gradual shift toward a safer, more efficient, and inclusive financial ecosystem.
LatAm FinTech Cobre to support real-time interbank B2B payments in Colombia. This functionality will allow companies to use payment keys to receive instant and interoperable transfers without altering their existing accounting flows or payment systems, eliminating operational friction and making it easier to adopt this new financial infrastructure.
MEXICO
Mercado Pago launches a new solution and takes another step toward professionalizing Mexican SMEs. According to the firm, this new service allows for inventory integration, cash control, and access to performance metrics to reduce losses and improve sales and employee management.