Itaú

Brazil’s Positive Ventures closes on $10M fund for impact investing

Positive Ventures, a São Paulo-based venture firm, has secured $10 million for its latest fund. Positive Ventures has raised the capital from an impressive list of LPs, including investor Luis Stuhlb

Brazil’s banks try to outflank challengers by investing in a $15 million round for Quanto

Trying to outflank competition from neo banks and other potential challengers, two of Brazil’s largest financial services institutions, Bradesco and Itaú Unibanco, have invested in Quanto, a co

Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank.  This marks Tencent’s second round of

Corporate venture in Brazil gains steam as giants amp up startup investments

What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil.