Topic: Fintech

Brazil’s Neon becomes unicorn after US$300 million Series D round

Brazilian fintech start-up Neon has hired Clifford Chance LLP in São Paulo to raise US$300 million in a Series D funding round, which was led by BBVA.

24 February 2022

Creditas hits US$4.8 billion valuation with more SoftBank funds

Simpson Thacher & Bartlett LLP in Palo Alto, São Paulo and New York has helped Creditas raise US$260 million in a funding round led by SoftBank, taking the Brazilian fintech start-up's valuation to US$4.8 billion.

10 February 2022

Chilean fintech obtains additional US$80 million investment

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley and San Francisco has helped Chilean financial technology start-up Xepelin raise US$80 million in a financing round led by US investor Community Investment Management (CIM), less than a year after its previous investment.

04 February 2022

Martinelli and BVZ guide Brazilian fintech acquisition

Martinelli Advogados has helped Brazilian business platform operator Conta Azul purchase local fintech Swipe.

03 February 2022

XP acquires Banco Modal in US$529 million merger

Spinelli Advogados has helped Brazilian brokerage XP acquire local investment platform Banco Modal for US$529 million as part of an all-shares merger.

18 January 2022

Demarest helps launch crypto exchange for start-ups in Brazil

Brazil’s Demarest Advogados has helped local crowdfunding organisation StartMeUp (SMU) launch a platform that will allow start-up companies and investors to trade securities as digital currency tokens.

18 January 2022

Argentine firms help Blockchain become LatAm’s largest crypto trader

Global digital finance business Blockchain.com is on track to become Latin America’s largest cryptocurrency platform after the buyer enlisted Marval O'Farrell Mairal in Buenos Aires and Rodrigo, Elías & Medrano Abogados in Lima for its acquisition of Argentine counterpart SeSocio.

14 January 2022

Several firms steer agri-fintech funding round in Argentina

Argentine agrifintech Agrofy has hired local firm Zang, Bergel & Viñes Abogados to obtain a US$30 million investment led by Norwegian chemical company Yara International.

12 January 2022

Data privacy is paramount amid fintech boom, says Rabobank’s new LatAm counsel

Fábio Aspis tells LACCA why LGPD compliance will be top of the agenda in his new role as regional data privacy counsel to Dutch finance group Rabobank, while he also unveils how Latin America’s ongoing fintech revolution is prompting in-house data privacy counsel to keep their finger firmly on the pulse.

11 January 2022

Banco Inter acquires US fintech USEND

Brazilian Banco Inter has hired Morrison & Foerster LLP in Miami, San Francisco and New York and Demarest Advogados in São Paulo to purchase US-based finance start-up USEND.

01 December 2021

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