Brazilian digital payments company raises $150 mln to expand to the US and European markets within two years
Category: Brazil
Posted inDaily Brief
Omie, Nubank make acquisitions
Brazilian software company buys local digital bank Linker as the São Paulo-based lender purchases US fintech Olivia
Posted inDaily Brief
IDB funds recovery in Colombia, Ecuador
US-based development bank lends $800 mln to Colombia and $500 mln to Ecuador along with a $400 mln contingency loan to Guatemala
Posted inDaily Brief
Stori to raise debt, equity for LatAm expansion
Mexican fintech could sell $250 mln worth of shares and take out up to $200 mln in loans in the next year or two, CEO says
Posted inDaily Brief
Hermes Pardini acquires smaller rival in São Paulo
Belo Horizonte-based medical diagnostics company agrees to pay $18 mln for 60% of IACS with the option to buy the other 40% in five years
Posted inDaily Brief
LAGreen aims to raise $500 mln for green bonds
Finance in Motion-managed fund is already in talks with with companies in Mexico, Colombia, Peru, Brazil, Ecuador and El Salvador, chairman says
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Moody’s upgrades Usiminas to Ba2
Rating agency says the Brazilian steelmaker has increased cash flow and lowered debt in 2021
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Orizon to finance plant expansions in local bond market
Brazilian waste management company plans to raise $91 mln in a two-part deal with equal amounts in 2031 and 2035 notes
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Alpha Capital invests in Semantix
Nasdaq-listed SPAC acquires a stake in the Brazilian software company for $230 mln and arranges $94 mln in PIPE commitments
Posted inDaily Brief
TIM adjusts price for fiber optic business in Brazil
Italian telco receives $200 mln in the sale to IHS Towers, while FiberCo gets $105 mln