Hey, it’s Yoel 👋 Back again with the 64th edition of Dealflow LatAm: your go-to source for all the deals, moves, and momentum in the region’s startup scene.
Plenty to break down—so let’s get into it 🚀
👉🏼 If you’re interested in sponsorship opportunities, please reach out to yoel@dealflow.es
🇲🇽 Plata secures $500M in debt financing from Nomura to support its transition into a digital bank, marking the largest raise by a Mexican fintech.
🇧🇷 iCred raises $208M via FIDCs to expand payroll loans in 2026, led by Itaú BBA and XP Inc..
🇧🇷 Banco Inter raises $90M via subordinated financial bills to strengthen capital base and boost its Basel Index by 1.2 pts.
🇨🇴 Kala secures $55M in debt to expand credit access for Colombia’s unbanked. Total funding now stands at $61M.
🇨🇴 Anzi Finance closes $25M first‑phase financing to strengthen its credit risk infrastructure and scale operations across LatAm.
🇨🇴 Monet raises $24M in Series A to expand nano-loans and fight predatory lending in Colombia, backed by Ventures Comfama and a U.S. credit facility.
🇧🇷 Wine raises $18M via FIDC to restructure debt and extend maturities; Itaú and Bradesco acquired the senior tranches.
🇲🇽 Leona Health raises $14M led by a16z to streamline WhatsApp-based doctor-patient communication across LatAm.
🇧🇷 Altis raises $10M via FIDC to scale its vehicle financing platform. The fund was structured by Galapagos Capital.
🇲🇽 Luca raises $8M to expand its AI learning platform and launch a tech hub in Portugal. Led by 6 Degrees with Explorer, Heartcore Capital, and Shilling VC.
🇧🇷 Zinit raises $8M in a seed round led by AltaIR Capital to grow its AI-powered corporate sourcing platform in Brazil and the U.S.
🇧🇷 Morada.AI raises $3.1M to scale its generative AI platform for real estate, supporting end-to-end homebuying and credit journeys.
🇧🇷 Sanii raises $2.35M to expand its AI-powered elderly care platform in Brazil. The round was led by Sororitê Ventures, bringing total funding to $2.9M.
🇧🇷 Teceo raises up to $1.8M from ABSeed to scale its B2B fashion platform, after reaching $540M in GMV and serving 100K retailers in 2025.
🇧🇷 LastWish raises $1.8M from SRM Ventures to launch credit for inheritance settlements and support 500 families in one year.
🇧🇷 Guarda raises $800K led by Randon Ventures to expand its digital parametric climate insurance for agribusiness in Brazil.
🇧🇷 Plain raises $300K in a pre-seed round led by Urca Angels to build an AI-powered platform for financial advisors and investor
🇦🇷 Chicos.net receives $200K from Google.org to expand HumanIA, an AI education platform for students and teachers in Argentina and Uruguay.
🇵🇪 KUZI raises $45K from Google for Startups and Startup Perú to innovate AI‑powered crowdfunding across LatAm.
🇧🇷 Erathos raises new funds from Bossa Invest to scale its SaaS data-ingestion platform and grow as Databricks' only validated tech partner in Brazil.
🇧🇷 Semantix acquires Atos' South American operations to expand its data and AI platform across seven countries. Aims to 10x growth in five years.
🇧🇷 Rock Encantech acquires Akropoli to merge Open Finance with retail data and expand fintech services across Brazil.
🇧🇷 Bemobi acquires 50.1% of Paytime to launch a new PaaS unit and expand its digital payments infrastructure in Brazil.
🇨🇱 Itaú Chile acquires Klap for $43.7M to strengthen its payments ecosystem and expand tech‑driven payment services.
🇨🇴 Refácil launches Pagos por WhatsApp in Colombia, letting businesses send invoices and receive payments directly within WhatsApp to boost digital collections.
🇲🇽 Banorte acquires 100% of RappiCard for $50M to boost its digital strategy and expand financial services within the Rappi ecosystem.
🇲🇽 Claudio Schlegel bets on 🇲🇽🇨🇴🇨🇱🇦🇷🇵🇪 founders, eyeing AI and Mexico-led expansion as key 2026 startup trends in LatAm.
🇺🇾 Itaú boosts its presence in Uruguay’s merchant ecosystem by raising its stake in Handy from 40% to 75%, driving digital and financial inclusion.
🇧🇷 GITEX LATAM debuts in SP on Mar 16 2027, bringing the world’s largest tech and innovation event to boost digital transformation and global partnerships.
🇲🇽 Bitso Business confirms the Stablecoin Conference LatAm 2026, gathering global leaders on stablecoin innovation in Mexico City; 📅 June 15–16.
🇦🇷 Ualá integrates PIX payments, letting Argentines shop in Brazil directly from their peso accounts, with real-time conversion and no extra fees.
🇦🇷 Cheaf hits 1M+ downloads and rescues 571K+ kg of food in 10 months, fighting waste via surplus food deals.
🇧🇷 Juros Baixos doubles its B2B portfolio in 2025 by pivoting to embedded finance, offering credit infrastructure via APIs and cobranded links.
🇧🇷 PipeRun invests $1.8M of its own capital to boost AI-powered CRM features and target 40% growth in 2026.
🇪🇸 Sesame HR secures up to $55M (€50M) in financing from BBVA Spark to fuel AI-driven HR solutions and expand in Brazil and other key markets.
🇨🇱 Shinkansen gets green light from Chile’s Central Bank to launch a low‑value payment clearinghouse, aiming to rival the legacy CCA system.
🇨🇱 Mercado Pago partners with Fintoc to enable bank transfer payments directly in checkout, expanding digital payment options in Chile.
🇨🇴 Lulo Bank enables cash deposits at GNB Sudameris branches, expanding physical access while maintaining its fully digital approach.
🇨🇴 Akua and Efecty partner to launch an aggregator payment gateway, aiming to offer SMEs a faster, more flexible, and scalable digital payments solution.
🇨🇴 Clinng partners with Kamin to enable real-time, interoperable payments in Colombia via Bre-B, targeting lending, marketplaces, and corporate treasury.
🇲🇽 Jüsto shuts down operations in Mexico after raising over $90M, citing financial and operational challenges in sustaining a 100% digital grocery model.
🇲🇽 Spin by OXXO and Kira team up to enable near‑instant remittances from the US to Mexico via stablecoins.
🇲🇽 Kapital acquires Intercam for $100M, restructures the group and replaces its sanctioned bank unit with Banco Autofin, forming Kapital Grupo Financiero.
🇨🇴🇧🇴 Meru, the global digital wallet, expands to Bolivia enabling stablecoin payments, with strong adoption and its first physical office in Santa Cruz.
🌎 Local stablecoins moved $4.8B across LatAm in 2025, led by BRL, MXN, and COP tokens used in FX on-chain and by institutions.
🇦🇷 Bitget names Argentina the core of its global crypto strategy, driven by strong user growth and local adoption
🇺🇸 The rise of Thrive: The New World profiles Joshua Kushner’s journey from NY investor to global VC force behind Stripe, OpenAI, and more.