Millions Are Tumbling Out of the Global Middle Class in Historic Setback
For the first time since the 1990s, the global middle class shrank last year, according to a recent Pew Research Center estimate. About...
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Goldman, BofA, JPMorgan Line Up to Fund Nubank’s Mexico Venture
Nu Mexico, as the unit is known, is receiving a $70 million capital injection from its Brazilian parent company while JPMorgan, Goldman...
Cora raises $26.7m in Series A funding
Brazil based technology-enabled lender to small and-medium-sized businesses raised $26.7m in Series A funding led by Ribbit Capital.
{
Ribbit Capital partner Nikolay Kostov believes that Cora has embarked on “an ambitious mission” to change how small businesses in Brazil...…
FinanZero raises $7m in new funding
Brazil based online credit marketplace raised $7m in new funding from VEF, Dunross & Co. and Atlant Fonder.
{
“From day one we said, ‘We only work with a success fee,’ so we only get paid when the customer signs the loan contract,” said Olle...…
Pipe raises $150m in new funding
Miami based B2B financing platform for SaaS companies raised $150m in new funding led by Greenspring Associates.
{
“When we first went to market, we were very focused on SaaS, our first vertical,” he told TC at the time. “Since then, over 3,000...…
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