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8 Latin American VCs share why they're brimming with optimism about the region's startups - Vimarsana News

8 Latin American VCs share why they're brimming with optimism about the region's startups

We asked 8 active Latin American investors where they are placing their bets, when they think Brazil's IPO window might reopen, how to best pitch them, and more.

Neobank Vexi raises millions to offer young Mexicans low-interest credit cards - Vimarsana News

Neobank Vexi raises millions to offer young Mexicans low-interest credit cards

Americans expect credit cards. Mexico makes it harder and less common. Fewer than 20% of people have credit, and only 10% have credit cards. In recent years, several startups have emerged to provide underserved Mexicans with more options to increase inclusion. Vexi is a startup. Rojo Blasquez, Gabriela Estrada, Cinthia Merlos, Salvador Michel, and Carlos …

Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards - Vimarsana News

Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards

Since its 2018 inception, Vexi has issued around 850,000 credit cards in Mexico. Magma Partners led its latest round of funding.

Peruvian startup Leasy secures $17M in debt & equity to provide auto loans to ride-hailing drivers in LatAm – TechCrunch - Vimarsana News

Peruvian startup Leasy secures $17M in debt & equity to provide auto loans to ride-hailing drivers in LatAm – TechCrunch

Leasy, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $2 million in equity and $15 million in debt. Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they both had an interest in using technology to […]

Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers - Vimarsana News

Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers

Leasy, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $2 million in equity and $15 million in debt. Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they both had an interest in using technology to make a social impact and help people escape “the poverty trap.” Lima-based Leasy is different, said Gilardini, in that its interest rates are far lower and terms much more flexible.

Source: aol.com