Topic: Fintech

PPU and Machado Meyer help Sequoia invest in Chile and Brazil

Several firms have advised on Californian venture capital fund Sequoia Capital's investments in Chilean fintech Fintual and Brazilian logistics solutions provider Lincros, worth US$46 million in total.

25 November 2021

Argentine fintech Ualá expands with Mexican bank buy

Argentine fintech Ualá has enlisted Hughes Hubbard & Reed LLP in New York and Creel, García-Cuéllar, Aiza y Enríquez SC in Mexico City to acquire Mexican lender ABC Capital, marking its first acquisition in Latin America's second largest economy.

18 November 2021

Santander lists Brazilian payments business on B3 and Nasdaq

Santander has hired Davis Polk & Wardwell LLP in New York and São Paulo and Pinheiro Neto Advogados in São Paulo to spin off its Brazilian merchant payment business Getnet and list its shares on the São Paulo and Nasdaq stock exchanges.

12 November 2021

Softbank invests in Brazilian banking and payments platform

Demarest Advogados in São Paulo has advised Japan’s Softbank as one of the lead investors in a US$108 million funding round for Brazilian banking and payments technology platform Pismo.

05 November 2021

Lefosse and Machado Meyer seal fintech acquisition

Lefosse Advogados has helped Brazilian credit analysis company Serasa, part of the Experian Group, acquire payment services provider PagueVeloz.

04 November 2021

Banco Bradesco snaps up fintech Digio

Pinheiro Neto Advogados has helped Banco Bradesco acquire the remaining stake it did not previously own in digital bank Digio from Banco do Brasil for 625 million reais (US$114 million).

01 November 2021

Banco Pan and e-commerce group Mosaico ink all-shares merger

Machado Meyer Advogados has helped Brazilian finance group Banco Pan combine with local e-commerce company Mosaico to launch a new digital marketplace, in a deal worth 2 billion reais (US$363 million).

13 October 2021

Pinheiro Neto and Mattos Filho in fintech-brokerage acquisition

Brazilian investment platform Warren has relied on Pinheiro Neto Advogados to purchase local brokerage company Renascença DTVM.

27 September 2021

Santander’s PagoNxt acquires stake in Mexican fintech

Mexican fintech PagoNxt Merchant Solutions, an affiliate of Banco Santander, has hired Jáuregui y Del Valle, SC to acquire a majority stake in local payment services company Mercadotecnia, Ideas y Tecnología (MIT).

22 September 2021

Rappi obtains financing for Mexican fintech venture

Mexico’s González Calvillo, SC has helped the local branch of Colombian on-demand delivery start-up Rappi get a loan of 1 billion Mexican pesos (US$49 million).

14 September 2021

Unlock unlimited access to all Latin Lawyer content