Latin America is getting another fintech unicorn thanks to Advent International’s acquisition of a 51 percent stake of Prisma Medios de Pago, an Argentine payments company formed as a joint venture between Visa International and local banks. The deal, which values Prisma at $1.42 billion, is yet another sign of Latin America’s growing prominence for […]
View More A private equity bet in Latin America proves the strength of fintech investments thereCategory: David Velez
Nubank is now worth $4 billion after Tencent’s $180 million investment
Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market the company now has access to what is arguably the largest digital banking company […]
View More Nubank is now worth $4 billion after Tencent’s $180 million investment