Carolina Mandl
Stories by Carolina Mandl
SoftBank-backed Banco Inter, StoneCo in talks to expand current partnership
StoneCo acquired a 4.99% stake in Banco Inter in June.
SoftBank launches $3b fund to invest in technology companies in Latin America
The move follows a decision to pause new investments in China.
Buffett-backed Brazilian lender Nubank to seek IPO valuation of over $55b
Nubank is the seventh most valuable unicorn worldwide, behind fintechs Stripe, Klarna and Revolut.
Singapore’s GIC acquires stake in Brazil agtech company Biotrop
Sao Paulo-based PE firm Aqua Capital has partially sold its controlling stake in Biotrop to GIC.
SG’s GIC leads $55m funding round in Brazilian fintech startup Warren
Existing investors such as Ribbit, Kaszek and Quartz also participated in this new round.
Tencent-backed Brazilian online lender Nubank prepares for US listing
Nubank is working with advisers about an initial public offering in New York.
Ant Group agrees to buy 5% stake in Brazil loyalty program Dotz
Besides a loyalty program, Dotz is a marketplace and a financial startup.
SoftBank pulls out of Latin America partnership with Oyo Hotels
SoftBank has poured $75 million into Oyo in Latin America, part of its over $1 billion investment in the parent.
Brazil’s Nubank valued at $25b in funding round led by GIC, Whale Rock, Invesco
The fintech firm raised $400m in the funding round — its seventh.
Paytm could turn profitable this year, says founder Vijay Shekhar Sharma
Paytm was valued at about $16 billion during a private fundraising round in 2019.
