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Kushki Raises the Highest Valuation Series B in the History of Latin America With a valuation near $600 million dollars, Kushki becomes one of the most valuable Fintechs in Latin America. The payment company created by two Ecuadorian serial entrepreneurs transplanted into LATAM, is rapidly disrupting financial infrastructure in Latin America with the objective of facilitating the movement of money across the region. QUITO, ECUADOR / ACCESSWIRE / June 1, 2021 / Only four years since its foundation, Kushki, the Latin American fintech company revolutionizing payment infrastructure in the region,...

Just about every week there’s a blockbuster round coming out of South America, but in certain countries such as Ecuador, things have been more hush hush. However, Kushki, a Quito-based fintech, is bringing attention to the region with today’s announcement of a $86 million Series B and a $600 million valuation. “We never thought that […]

Resolve Raises $60M in Funding Investors included Initialized Capital, KSD Capital, Haystack VC, Commerce Ventures, Clocktower Ventures, Affirm and other top investors. The company intends to use the funds to accelerate operations and its business reach. Launched as a spinout from Affirm in 2019 and led by Chris Tsai, CEO, Resolve is a complete digital net terms and credit billing solution that extends buy now pay later capabilities for B2B transactions. Designed for B2B companies, the system automates underwriting and 30-, 60-, or 90-day net terms to maximize revenue and speed up invoice pa...

Affirm spinout Resolve raises $60M for its B2B ‘buy now, pay later’ platform Buy now, pay later is everywhere these days, mostly focused on the consumer. Resolve — a San Francisco-based startup in the space specializing in “buy now, pay later” capabilities for B2B transactions — announced today that it has raised $60 million in funding. Initialized Capital led the round — the company’s first funding since its 2019 inception. KSD Capital, Haystack VC, Commerce Ventures, Clocktower Ventures and others also participated. The funding is a combination of equity and asset funding ac...

Brazil’s Divibank raises millions to become the Clearbanc of LatAm Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. “We are changing the way entrepreneurs scale their online businesses by pr...