Itaú

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…

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

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 company developing technology…

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

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 investment in Ualá,…

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

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…

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