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Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. Authenticiti. Remessa Online.

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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry. Growing Awareness.

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion, and also expanded internationally by purchasing Hong Kong-based investment app 8 Securities. The FinTech IPO Market. Earlier this year, SoFi acquired payments firm Galileo for $1.2

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InstaReM Raises $41M To Expand Into Latin America

PYMNTS

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding. In November it raised $20 million in capital from investors. Proceeds from the funding round are slated for expansion into Latin America, where the firm plans to open an office.

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Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions

PYMNTS

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 This latest round of funding comes from new investment firm Durable Capital Partners. Other investors included Tiger Global, Coatue, General Catalyst, Target Global and Entrée Capital.

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Money Transfer Startup Azimo Secures €20M In Debt Equity

PYMNTS

Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb. The money will also be used to help the firm accelerate its expansion across North America and create more jobs at its Kraków offices in Poland.

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

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