Mime-Version: 1.0 Content-Type: multipart/alternative; boundary="877ebd1ce11def1c3c47769a386e7c1da09aeacbf71c5f85cecf92537fde" Subject: Dealflow LatAm #57: CloudWalk raises $781M. Revolut buys Cetelem Argentina. Moonflow acquires Kobro. From: Yoel Rodriguez of Dealflow LatAm To: Hidden Recipient Date: Mon, 3 Nov 2025 12:02:50 +0000 X-Hiring: We are hiring, reach out at header-hacker@emailshot.io X-EmailShot-Signature: cZsL7h3ma_DitU5sch1p0oontkMeDOvh2uB5oHVSjHuJP5TIDuQ_pJFy8xdLhgQehk1zdfDCxOGM6-8Bk647UQ== --877ebd1ce11def1c3c47769a386e7c1da09aeacbf71c5f85cecf92537fde Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable View this post on the web at https://dealflowlatam.substack.com/p/dealflow-= latam-57-cloudwalk-raises Hey, it=E2=80=99s Yoel [ https://substack.com/redirect/00d5dc2f-e6ed-4be0-9= c47-4fdead205e92?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0r= bAsF0l24U ] =F0=9F=91=8B Back again with the 57th edition of Dealflow LatAm= : your go-to source for all the deals, moves, and momentum in the region=E2= =80=99s startup scene. Plenty to break down=E2=80=94so let=E2=80=99s get into it =F0=9F=9A=80 This week=E2=80=99s newsletter is sponsored by Cubbo [ https://substack.com= /redirect/10dcae6c-e181-476c-a3b7-1765be79e13b?j=3DeyJ1IjoiM2dmeXZtIn0.xu76= uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ]: Cubbo operates fulfillment centers across Mexico and Brazil, managing stora= ge, inventory, and distribution for leading retailers and fintech companies= like Natura, Pepsico, Plata Card, L'oreal or Reckitt. We process over 500,000 orders and 5 million items monthly with proprietary= technology that ensures speed, reliability, and cost control. The company = generates over $35M in annual revenue with profitable operations and expand= ing EBITDA margins. Increase your sales by delivering orders with the same experience as Amazon= and Mercado Libre =F0=9F=91=89=F0=9F=8F=BC If you=E2=80=99re interested in sponsorship opport= unities, please reach out to yoel@dealflow.es Startup funding news=C2=A0=F0=9F=92=B8 Rounds of $10M+: =F0=9F=87=A7=F0=9F=87=B7 CloudWalk raises [ https://substack.com/redirect/4= fe882ac-771d-44d4-b428-44b0f0129109?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP8= 22j-jnN48_jCfgM3m0rbAsF0l24U ] $781M via FIDC to advance credit receivables= for SMEs using InfinitePay. The round included Ita=C3=BA BBA, Bradesco BBI= , BTG, and others. =F0=9F=87=B2=F0=9F=87=BD Kapital raised [ https://substack.com/redirect/6b6= 4de6a-9f38-4930-bddf-f21a3075600f?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822= j-jnN48_jCfgM3m0rbAsF0l24U ] $100M in Q3, landing the largest global Wealth= Tech deal as it doubles down on AI-powered finance for SMEs across LatAm. =F0=9F=87=A7=F0=9F=87=B7 Tensec secures [ https://substack.com/redirect/1a8= d8161-01a7-43b8-ba78-a79ec4a1f17c?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822= j-jnN48_jCfgM3m0rbAsF0l24U ] $59M in credit from Upper90 to 10x its cross-b= order transaction volume. Funds will support global B2B payments expansion. =F0=9F=87=A7=F0=9F=87=B7 Vammo raises [ https://substack.com/redirect/dddd8= a21-c968-43b5-891c-a3c758c88119?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-= jnN48_jCfgM3m0rbAsF0l24U ] $45M Series B to scale its ethanol-electric moto= rcycle platform in LatAm. The round was led by Ecosystem Integrity Fund. =F0=9F=87=A7=F0=9F=87=B7 ISA Sa=C3=BAde raises [ https://substack.com/redir= ect/036c3ab5-47d2-4a43-81cc-370427be4600?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqA= rDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] $30M to expand its home healthcare serv= ices and scale AI use. The Series B was led by IFC, with IDB Lab, Dalus, an= d Endeavor participating. =F0=9F=87=B2=F0=9F=87=BD Bright secures [ https://substack.com/redirect/4d9= 69d1d-4d23-4497-a92c-40223bb7f996?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822= j-jnN48_jCfgM3m0rbAsF0l24U ] $15M from Mirova (Natixis) to scale distribute= d solar in Mexico. It=E2=80=99s Mirova=E2=80=99s first LatAm energy transit= ion investment. =F0=9F=87=A7=F0=9F=87=B7 GamdSports raises [ https://substack.com/redirect/= 393396e8-c0a4-41f9-935d-3e59690df720?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP= 822j-jnN48_jCfgM3m0rbAsF0l24U ] $11.2M to expand its sports management plat= form. The round was backed by an international sports tech fund. Rounds $1M to $10M: =F0=9F=87=A7=F0=9F=87=B7 Produzindo Certo raises [ https://substack.com/red= irect/5a430d62-ca4b-4f00-a880-1e0ace27b3cb?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFOb= qArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] $3.85M to expand its agtech platform = and boost ESG impact. The round was led by Arar Capital and SP Ventures, wi= th others. =F0=9F=87=A7=F0=9F=87=B7 Lumx raises [ https://substack.com/redirect/0d1195= ac-3de1-40f0-830d-22809a1accd6?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-j= nN48_jCfgM3m0rbAsF0l24U ] $3.4M to scale cross-border payments and secure l= icenses. The round was co-led by Indicator Capital and CMT Digital, with Bi= tso and others. =F0=9F=87=A7=F0=9F=87=B7 Rhino raises [ https://substack.com/redirect/9b6aa= fb3-ee29-42f9-a199-5d71e59ed1db?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-= jnN48_jCfgM3m0rbAsF0l24U ] $2.8M to expand its armored ride-hailing fleet i= n S=C3=A3o Paulo. The round was led by TMT Investments and AngelsDeck. =F0=9F=87=B2=F0=9F=87=BD Ginia raises [ https://substack.com/redirect/fca0e= ad5-1dc9-4c33-8958-99c13e578526?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-= jnN48_jCfgM3m0rbAsF0l24U ] $1.7M in pre-seed to scale its AI-powered edtech= platform. The round was led by Wollef, with NFX and Latitud participating. =F0=9F=87=A6=F0=9F=87=B7 Sumar Inversi=C3=B3n raises [ https://substack.com= /redirect/8efd2408-43ac-4c08-b2bc-826597c57e20?j=3DeyJ1IjoiM2dmeXZtIn0.xu76= uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] =E2=82=AC1.2M to expand its token= ized real estate platform in Spain and Argentina. The Seed+ round supports = its crowdfunding growth. =F0=9F=87=A6=F0=9F=87=B7 ReForest Latam raises [ https://substack.com/redir= ect/d98678ad-6bf6-4900-b234-89544dd4493e?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqA= rDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] $1M pre-seed to scale AI and drone-base= d reforestation. The round was led by iThink VC. Other rounds of funding: =F0=9F=87=A7=F0=9F=87=B7 Twiggy raises [ https://substack.com/redirect/99e9= c191-570d-4cd0-8acd-260399dfdf6a?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j= -jnN48_jCfgM3m0rbAsF0l24U ] $650K in pre-seed to expand in Brazil and the U= =2ES. The round was led by FUNSES, Bossa Invest, WOW, and ACE Ventures. =F0=9F=87=A7=F0=9F=87=B7=F0=9F=87=BA=F0=9F=87=B8 Phelcom raises [ https://s= ubstack.com/redirect/0d620ff3-1cc3-4e3f-a820-05fb3115ff86?j=3DeyJ1IjoiM2dme= XZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] funds from J&J Impact = Ventures to scale AI-powered eye care devices and expand access in underser= ved regions. =F0=9F=87=A6=F0=9F=87=B7 Remitee receives [ https://substack.com/redirect/5= 9de65a0-33e7-41b2-b4ae-a38138651dee?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP8= 22j-jnN48_jCfgM3m0rbAsF0l24U ] funding from Krealo to expand its embedded r= emittance platform across 50+ countries for banks, fintechs, and retailers. =F0=9F=87=A8=F0=9F=87=B4 DRUO raises [ https://substack.com/redirect/735fac= de-3339-405c-94fb-caebec261ca3?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-j= nN48_jCfgM3m0rbAsF0l24U ] seed round to scale its direct debit network and = expand globally. The round was led by Global PayTech Ventures. =F0=9F=87=B2=F0=9F=87=BD R2 raises [ https://substack.com/redirect/f04b4270= -e4b8-48ec-a085-80e0a06e29fe?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN= 48_jCfgM3m0rbAsF0l24U ] funding from Ant International to scale its AI-driv= en lending platform and expand SME credit access across LatAm. M&A transactions =F0=9F=8E=8A =F0=9F=87=AC=F0=9F=87=A7=F0=9F=A4=9D=F0=9F=87=A6=F0=9F=87=B7 Revolut acquir= es [ https://substack.com/redirect/83fb63f1-d711-46cd-b80f-186fbd8597d1?j= =3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] Cetele= m Argentina from BNP Paribas to launch FX and multi-currency services in Ar= gentina and expand in LatAm. =F0=9F=87=A6=F0=9F=87=B7=F0=9F=A4=9D=F0=9F=87=B2=F0=9F=87=BD Moonflow acqui= res [ https://substack.com/redirect/52b0d778-36a3-47eb-a078-ed5f9df7847a?j= =3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] Kobro = to strengthen its AI-driven collections platform and expand in a key LatAm = market. =F0=9F=87=A7=F0=9F=87=B7 Founders Club acquires [ https://substack.com/redi= rect/e10ec493-164a-41db-b638-c629d567f2ae?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObq= ArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] Angel Investor Club and targets $8M in= funding by end of 2025. The two hubs will remain independent but now share= full ecosystem access. =F0=9F=87=A7=F0=9F=87=B7 Spun M=C3=ADdia acquires [ https://substack.com/re= direct/bcb211c6-1c30-4a05-bc02-45b0a542f6a6?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFO= bqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] MIBR and launches esports vertical E= ZOR, pledging $18.6M over 5 years to scale brands, teams, and content in La= tAm. Investor & accelerator news =F0=9F=9A=80 =F0=9F=87=A7=F0=9F=87=B7 eB Capital launches [ https://substack.com/redirec= t/74366c44-ad1f-4839-8d18-27b969c2c2d7?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArD= fP822j-jnN48_jCfgM3m0rbAsF0l24U ] Flying Rivers Capital with $186M for low-= carbon investments, led by Luciana Antonini Ribeiro. =F0=9F=87=A7=F0=9F=87=B7 GovTech Fund, managed by KPTL and Cedro, doubles [= https://substack.com/redirect/cb241a15-25e9-42f6-9133-c769f704ee07?j=3DeyJ= 1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] to $19.6M an= d targets $27.9M in 2026, boosting gov-startup ties via Prodesp for Startup= s. =F0=9F=87=A7=F0=9F=87=B7 Sebrae partnered with Cr=C3=A9dito Solid=C3=A1rio = to train [ https://substack.com/redirect/33592d8a-20aa-4dd3-a957-4525a7d58a= 72?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] en= trepreneurs on microcredit use in 5 SP municipalities, focusing on pre- and= post-loan support for small businesses. Opportunities & Deadlines =F0=9F=91=80 =F0=9F=87=A8=F0=9F=87=B1 inDrive launches [ https://substack.com/redirect/8= 091a3f7-5705-4ef6-892f-8079d7559096?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP8= 22j-jnN48_jCfgM3m0rbAsF0l24U ] 2026 Aurora Tech Award in Chile to empower w= omen-led tech startups with up to $50K in prizes; apply by Nov 12. =F0=9F=87=A6=F0=9F=87=B7 Gavin Wood returns [ https://substack.com/redirect= /9d5acbcb-b4a5-4e13-b1a2-131be9d45839?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDf= P822j-jnN48_jCfgM3m0rbAsF0l24U ] as Parity CEO and will open Polkadot=E2=80= =99s sub0 Symbiosis in Buenos Aires on Nov 14, spotlighting the next Web3 p= hase in LatAm. =F0=9F=87=A7=F0=9F=87=B7 Hauseful will host [ https://substack.com/redirect= /6115f22f-c876-4e14-9f94-01dfd41e338b?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDf= P822j-jnN48_jCfgM3m0rbAsF0l24U ] a real estate tech summit on Nov 27 at Cub= o Ita=C3=BA, spotlighting field ops, inspections, and innovation in Brazil= =E2=80=99s housing sector. =F0=9F=87=A8=F0=9F=87=B1 Logtech Day 2025 returns [ https://substack.com/re= direct/1511e26d-afc5-43e1-bbf2-c1530f133ccc?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFO= bqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] on Dec 4 in Santiago, hosted by KLog= =2Eco, uniting LatAm logistics leaders=20= to reshape global trade through tech &= collaboration. =F0=9F=87=A7=F0=9F=87=B7 GITEX LATAM debuts [ https://substack.com/redirect= /3db06ca5-ca60-4be8-9418-b401fe5e5124?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDf= P822j-jnN48_jCfgM3m0rbAsF0l24U ] in SP on Mar=E2=80=AF16=E2=80=AF2027, brin= ging the world=E2=80=99s largest tech and innovation event to boost digital= transformation and global partnerships. =F0=9F=87=B2=F0=9F=87=BD Bitso Business confirms [ https://substack.com/red= irect/81a522ad-7fb0-42bb-bbb7-67532bd42a68?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFOb= qArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] the Stablecoin Conference LatAm 2026,= gathering global leaders on stablecoin innovation in Mexico City; =F0=9F= =93=85 June=E2=80=AF15=E2=80=9316. Startup news =F0=9F=92=A1 =F0=9F=87=A6=F0=9F=87=B7 Argentina =F0=9F=87=A6=F0=9F=87=B7 Practigram partners [ https://substack.com/redirec= t/2c9efda1-3569-458d-9f94-693bb2df9266?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArD= fP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Tienda Nube to launch an exclusive t= raining module helping entrepreneurs build online stores and scale e-commer= ce sales. =F0=9F=87=A6=F0=9F=87=B7 Ual=C3=A1 under strain: FIX flags [ https://substa= ck.com/redirect/55211b11-94ef-4598-b3f4-6d5556d54e8f?j=3DeyJ1IjoiM2dmeXZtIn= 0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] high arrears and capital ri= sks as the fintech lays off 100+ staff amid $30B loss at Ual=C3=A1 Bank. =F0=9F=87=A6=F0=9F=87=B7 Entelai launches [ https://substack.com/redirect/a= 42c316e-8ff8-4aba-8c34-aac366390875?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP8= 22j-jnN48_jCfgM3m0rbAsF0l24U ] Agent=E2=80=AFOne, the first clinical AI ass= istant built in LatAm, aiming to transform diagnostics with local medical e= xpertise. =F0=9F=87=A6=F0=9F=87=B7=F0=9F=A4=9D=F0=9F=87=B8=F0=9F=87=A6 Aleph partners= [ https://substack.com/redirect/11fe1dc0-27ab-461a-808f-aef2d9ae39de?j=3De= yJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with SMC M= edia to expand in MENAT, with SMC set to join as a minority shareholder. =F0=9F=87=A7=F0=9F=87=B7 Brazil =F0=9F=87=A7=F0=9F=87=B7 Ita=C3=BA and C6 Bank launch [ https://substack.co= m/redirect/2d03c5e8-cab6-4429-8354-52f36efe1b0c?j=3DeyJ1IjoiM2dmeXZtIn0.xu7= 6uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] World Legend, a new Mastercard c= ard for ultra-wealthy clients in Brazil, ranked above Black tier. =F0=9F=87=A7=F0=9F=87=B7 Unico hits [ https://substack.com/redirect/93486ad= 2-d963-40ed-ab3d-553769b71f6f?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jn= N48_jCfgM3m0rbAsF0l24U ] record authentication volume with 110% YTD growth,= securing top banks, retailers, and iGaming platforms amid rising digital f= raud in Brazil. =F0=9F=87=A7=F0=9F=87=B7 Bemobi launches [ https://substack.com/redirect/61= 4f83b5-d340-4a06-8db5-8cdb78a081b9?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP82= 2j-jnN48_jCfgM3m0rbAsF0l24U ] a Pix orchestrator to streamline recurring pa= yments and enable automatic bank switching for essential service providers = in Brazil. =F0=9F=87=A7=F0=9F=87=B7=F0=9F=A4=9D=F0=9F=87=BA=F0=9F=87=B8 Mombak partner= s [ https://substack.com/redirect/0e66e97a-c8e1-456d-be60-8ae315937d67?j=3D= eyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Goog= le to scale AI-powered reforestation and carbon removal in Brazil ahead of = COP30. =F0=9F=87=A8=F0=9F=87=B1 Chile =F0=9F=87=A8=F0=9F=87=B1 Reborn Electric Motors partners [ https://substack= =2Ecom/redirect/f1bfff41-3c1b-4c8e-89b= 5-4137f2d56db6?j=3DeyJ1IjoiM2dmeXZtIn0.= xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Marcopolo to export Chil= ean-made e-buses and lead LatAm=E2=80=99s shift to electric mining transpor= t. =F0=9F=87=A8=F0=9F=87=B1 Enerlink powers [ https://substack.com/redirect/bf= 084aef-1ae1-46a0-a00d-1f299e764e6a?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP82= 2j-jnN48_jCfgM3m0rbAsF0l24U ] EV infra in 6 LatAm countries, cutting CO=E2= =82=82 equal to 19,000 homes every year. =F0=9F=87=A8=F0=9F=87=B1 Preu Filadd becomes [ https://substack.com/redirec= t/4c03a603-8655-4460-b492-f44b7fe755e1?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArD= fP822j-jnN48_jCfgM3m0rbAsF0l24U ] Chile=E2=80=99s most territorially expans= ive online test-prep platform, now reaching students in every region. =F0=9F=87=A8=F0=9F=87=B1 KLog.co becomes [ https://substack.com/redirect/f5= 78ede4-9881-4aef-b8eb-958b439fce72?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP82= 2j-jnN48_jCfgM3m0rbAsF0l24U ] the first Chilean startup to secure a ticker = (=E2=80=9CKLOG=E2=80=9D) on the NYSE, marking a major stride toward its glo= bal logistics ambitions. =F0=9F=87=A8=F0=9F=87=B1 HORUX Latam partners [ https://substack.com/redire= ct/59d93aac-f76c-47d5-95f0-c7cd3f54030c?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqAr= DfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Instituto Chileno de Neurolog=C3=AD= a to tackle driver fatigue with sleep science and tech for safer roads. =F0=9F=87=A8=F0=9F=87=B4 Colombia =F0=9F=87=A8=F0=9F=87=B4 Wenia launches [ https://substack.com/redirect/6ff= 6bd73-dd70-42a1-b734-3dd48ed79ef5?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822= j-jnN48_jCfgM3m0rbAsF0l24U ] Wenialog=C3=ADa, a free platform to teach cryp= to basics and build trust in the digital economy. =F0=9F=87=A8=F0=9F=87=B4 Minka launches [ https://substack.com/redirect/b40= d4d12-cbe4-42c5-a4ad-db572c9dc9ac?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822= j-jnN48_jCfgM3m0rbAsF0l24U ] Payments Hub to simplify Bre-B integration, en= abling banks and fintechs to scale digital payments and offer new BaaS mode= ls. =F0=9F=87=A8=F0=9F=87=B4=F0=9F=A4=9D=F0=9F=87=BA=F0=9F=87=B8 Nequi partners= [ https://substack.com/redirect/5e13ba04-f9b0-45d1-8ca8-1bc53d6a1470?j=3De= yJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Banco= Agr=C3=ADcola and Mastercard to expand digital remittances and boost finan= cial inclusion in El Salvador. =F0=9F=87=B2=F0=9F=87=BD Cheaf expands [ https://substack.com/redirect/db8f= 6573-4c72-4fd2-8dad-86e20e09efc9?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j= -jnN48_jCfgM3m0rbAsF0l24U ] to Colombia with its food rescue app, offering = surprise bags of surplus goods to fight waste and support sustainability. =F0=9F=87=B2=F0=9F=87=BD Mexico =F0=9F=87=B2=F0=9F=87=BD Trafalgar SOFIPO launches [ https://substack.com/r= edirect/78f45bb6-2c9c-415b-9273-2d4f76c18acf?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uF= ObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with CNBV approval to offer AI-driv= en financial services to underserved Mexican SMEs. =F0=9F=87=A8=F0=9F=87=B4 Fanki to digitize [ https://substack.com/redirect/= ff8b84cb-61af-43df-9f9b-941ec01eade8?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP= 822j-jnN48_jCfgM3m0rbAsF0l24U ] Mexico=E2=80=99s Estadio Banorte with AI, c= ashless payments, and analytics ahead of the 2026 World Cup. =F0=9F=87=BA=F0=9F=87=B8=F0=9F=A4=9D=F0=9F=87=B2=F0=9F=87=BD Amazon deepens= [ https://substack.com/redirect/ccfac737-0c19-432b-8b47-a6497c03b2a0?j=3De= yJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] its allian= ce with Rappi in Mexico, launching 15-minute deliveries via Rappi Turbo to = compete with Mercado Libre and Walmart. =F0=9F=87=AA=F0=9F=87=B8=F0=9F=87=B2=F0=9F=87=BD Bnext launches [ https://s= ubstack.com/redirect/23ae25f5-526e-42e5-9289-a394c59da2f7?j=3DeyJ1IjoiM2dme= XZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] in Mexico, offering ze= ro-fee accounts, a Visa card, and a fully digital app for managing finances= online. =F0=9F=87=B5=F0=9F=87=AA Peru =F0=9F=87=B5=F0=9F=87=AA OKTO launches [ https://substack.com/redirect/482b= 345b-116b-4d85-851f-347131b14586?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j= -jnN48_jCfgM3m0rbAsF0l24U ] real-time A2A payments in Peru via QR wallets l= ike Yape, Plin, and Bim to boost conversions and reduce risks for merchants= =2E =F0=9F=87=BA=F0=9F=87=BE Uruguay =F0=9F=87=BA=F0=9F=87=BE dLocal launches [ https://substack.com/redirect/ed= ed1023-fa62-4174-ab94-1002742004c9?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP82= 2j-jnN48_jCfgM3m0rbAsF0l24U ] BNPL Fuse, a single-API aggregator bringing f= lexible payments to emerging markets across LatAm, Africa, MENA, and Asia. =F0=9F=87=BA=F0=9F=87=BE Prex pauses [ https://substack.com/redirect/0c27e1= 99-be1b-40aa-8f50-1430389361f0?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-j= nN48_jCfgM3m0rbAsF0l24U ] its launch in Paraguay, while aiming to grow cust= omers by 50% in Peru and reach breakeven in Chile. =F0=9F=8C=8E Other LatAm News =F0=9F=87=A8=F0=9F=87=B4=F0=9F=A4=9D=F0=9F=87=B8=F0=9F=87=BB=F0=9F=87=AC=F0= =9F=87=B9 Nequi expands [ https://substack.com/redirect/f2dfa480-86e5-413b-= a1d3-f6df39e388ed?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0= rbAsF0l24U ] to El Salvador and Guatemala with Banco Agr=C3=ADcola and Bam = to drive digital banking and financial inclusion in Central America. =F0=9F=87=B2=F0=9F=87=BD=F0=9F=A4=9D=F0=9F=87=BA=F0=9F=87=BE Kueski partner= s [ https://substack.com/redirect/41889dab-4a15-4d2f-9e3b-9a53d7f7a93c?j=3D= eyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with dLoc= al to expand BNPL in Mexico, offering flexible payments to consumers and se= amless integration for global merchants. =F0=9F=87=AA=F0=9F=87=A8=F0=9F=A4=9D=F0=9F=87=A6=F0=9F=87=B7 Bendo partners= [ https://substack.com/redirect/c80d52d2-cfdf-4304-bbca-95c0db4f79de?j=3De= yJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Geopa= gos to expand digital payments in Ecuador with mPOS, payment links, and Tap= to Phone. =F0=9F=87=AA=F0=9F=87=A8 Grupo Futuro partners [ https://substack.com/redir= ect/4914b612-e1bc-46dc-86b3-223fcbe23345?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqA= rDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] with Astralintu Space Technologies to l= aunch Ecuador=E2=80=99s first high-capacity private space station. Big company & policy news =F0=9F=92=A1 =F0=9F=87=A6=F0=9F=87=B7 Mercado Libre becomes [ https://substack.com/redir= ect/7002ca00-60b4-4df7-ac14-b98286cee299?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqA= rDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] the new sponsor of AFA: from 2026, Arge= ntina=E2=80=99s top football league will be named Torneo Mercado Libre. =F0=9F=87=A6=F0=9F=87=B7 Mercado Libre posts [ https://substack.com/redirec= t/ce8ad9c0-a580-437d-b0e3-9501936dba5c?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArD= fP822j-jnN48_jCfgM3m0rbAsF0l24U ] record $7.4B Q3 revenue (+39% YoY), drive= n by fintech growth and e-commerce gains across LatAm. =F0=9F=8C=8E LatAm leads [ https://substack.com/redirect/d513c8f1-5723-47b6= -9bde-6adf32cdb23a?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m= 0rbAsF0l24U ] in digital payments with 62% mobile usage, surpassing =F0=9F= =87=AA=F0=9F=87=BA Europe (41%), driven by SoftPOS and young users. =F0=9F=87=A7=F0=9F=87=B7 Brazil to hit [ https://substack.com/redirect/cbe7= bb69-4bdd-4f1f-8910-e896c12b9b40?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j= -jnN48_jCfgM3m0rbAsF0l24U ] $418.8B in e-commerce volume in 2025, leading = =F0=9F=8C=8D LatAm growth with 21% annual rise, powered by PIX (Nuvei). =F0=9F=87=AC=F0=9F=87=A7=F0=9F=87=A7=F0=9F=87=B7 Revolut expands [ https://= substack.com/redirect/377fba83-296e-4071-9e71-5aa7701aefd8?j=3DeyJ1IjoiM2dm= eXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] in Brazil with intere= st-bearing BRL accounts, metal cards, and credit products, boosting its pre= sence across LatAm. Interesting reads =F0=9F=92=A1 =F0=9F=87=B2=F0=9F=87=BD Israel Pantale=C3=B3n wrote [ https://substack.com= /redirect/b2c78ffd-aadc-4f0f-ac43-3810546dffe5?j=3DeyJ1IjoiM2dmeXZtIn0.xu76= uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U ] =E2=80=9CAI in the legal sector i= s driving a new era of efficiency in Mexico=E2=80=9D, on how tools like Lem= onTech=E2=80=99s LIA are transforming legal work with automation and data-d= riven strategy. Thanks for reading Dealflow LatAm! Subscribe for free to receive new posts = and support my work. Unsubscribe https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9kZWFsZmxvd2x= hdGFtLnN1YnN0YWNrLmNvbS9hY3Rpb24vZGlzYWJsZV9lbWFpbD90b2tlbj1leUoxYzJWeVgybG= tJam95TURrd01UYzBNallzSW5CdmMzUmZhV1FpT2pFM056Y3lNVFUzTUN3aWFXRjBJam94TnpZe= U1UY3hOalkxTENKbGVIQWlPakUzT1RNM01EYzJOalVzSW1semN5STZJbkIxWWkwME5URTRPVFFp= TENKemRXSWlPaUprYVhOaFlteGxYMlZ0WVdsc0luMC5rVmhhS2MzWVBmU0pUNDBBLWVGd0twbE5= yVkowQlpWWGxnMEJpa2QwSDVZIiwicCI6MTc3NzIxNTcwLCJzIjo0NTE4OTQsImYiOnRydWUsIn= UiOjIwOTAxNzQyNiwiaWF0IjoxNzYyMTcxNjY1LCJleHAiOjIwNzc3NDc2NjUsImlzcyI6InB1Y= i0wIiwic3ViIjoibGluay1yZWRpcmVjdCJ9.O6yoTSbgSDup95QYTcD8A6Fe7vmoW-Penlp0L34= fOR4? --877ebd1ce11def1c3c47769a386e7c1da09aeacbf71c5f85cecf92537fde Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable Dealflow LatAm #57: Clou= dWalk raises $781M. Revolut buys Cetelem Argentina. Moonflow acquires Kobro= =2E3D""
Welcome to the 57th edition of the Dealflow LatAm newsletter: a week= ly summary of everything that happened in the LatAm startup and investment = ecosystem.
͏     ­͏     ­͏ =     ­͏     ­͏     = 3;͏     ­͏     ­͏   = 199; ­͏     ­͏     ­͏ &= nbsp;   ­͏     ­͏     ­= ;͏     ­͏     ­͏   Q= 99; ­͏     ­͏     ­͏ &n= bsp;   ­͏     ­͏     ­= ͏     ­͏     ­͏   ̳= 9; ­͏     ­͏     ­͏ &nb= sp;   ­͏     ­͏     ­&= #847;     ­͏     ­͏    = ; ­͏     ­͏     ­͏ &nbs= p;   ­͏     ­͏     ­&#= 847;     ­͏     ­͏    = ­͏     ­͏     ­͏  = ;   ­͏     ­͏     ­= 47;     ­͏     ­͏     = ­͏     ­͏     ­͏  =   ­͏     ­͏     ­T= 7;     ­͏     ­͏     &= #173;͏     ­͏     ­͏   =   ­͏     ­͏     ­͏= ;     ­͏     ­͏     &#= 173;͏     ­͏     ­͏   &= #8199; ­͏     ­͏     ­͏=     ­͏     ­͏     = 73;͏     ­͏     ­͏   &#= 8199; ­͏     ­͏     ­͏ =     ­͏     ­͏     = 3;͏     ­͏     ­͏   = 199; ­͏     ­͏     ­͏ &= nbsp;   ­͏     ­͏     ­= ;͏     ­͏     ­͏   Q= 99; ­͏     ­͏     ­͏ &n= bsp;   ­͏     ­͏     ­= ͏     ­͏     ­͏   ̳= 9; ­͏     ­͏     ­͏ &nb= sp;   ­͏     ­͏     ­&= #847;     ­͏     ­͏    = ; ­͏     ­͏     ­͏ &nbs= p;   ­͏     ­͏     ­&#= 847;     ­͏     ­͏    = ­͏     ­͏     ­͏  = ;   ­͏     ­͏     ­= 47;     ­͏     ­͏     = ­͏     ­͏     ­͏  =   ­͏     ­͏     ­T= 7;     ­͏     ­͏     &= #173;͏     ­͏     ­͏   =   ­͏     ­͏     ­͏= ;     ­͏     ­͏     &#= 173;͏     ­͏     ­͏   &= #8199; ­͏     ­͏     ­͏=     ­͏     ­͏     = 73;͏     ­͏     ­͏   &#= 8199; ­͏     ­͏     ­͏ =     ­͏     ­͏     = 3;͏     ­͏     ­͏   = 199; ­͏     ­͏     ­͏ &= nbsp;   ­͏     ­͏     ­= ;͏     ­͏     ­͏   Q= 99; ­͏     ­͏     ­͏ &n= bsp;   ­͏     ­͏     ­= ͏     ­͏     ­͏   ̳= 9; ­͏     ­͏     ­͏ &nb= sp;   ­͏     ­͏     ­&= #847;     ­͏     ­͏    = ; ­͏     ­͏     ­͏ &nbs= p;   ­͏     ­͏     ­&#= 847;     ­͏     ­͏    = ­͏     ­͏     ­͏  = ;   ­͏     ­͏     ­= 47;     ­͏     ­͏     = ­͏     ­͏     ­
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Dealflow LatAm #57: CloudWalk raises $78= 1M. Revolut buys Cetelem Argentina. Moonflow acquires Kobro.

Welcome to= the 57th edition of the Dealflow LatAm newsletter: a weekly summary of eve= rything that happened in the LatAm startup and investment ecosystem.

=
 
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READ IN APP3D""
 
Hey, it’s Yoel= 👋 Back again with the 57th edition of Dealflo= w LatAm: your go-to source for all the deals, moves, and mom= entum in the region’s startup scene.

P= lenty to break down—so let’s get into it ㉀= 0;

Subscribed

This week’s newsletter is sponsored by <= a href=3D"https://substack.com/redirect/10dcae6c-e181-476c-a3b7-1765be79e13= b?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U" rel= =3D"" style=3D"color: rgb(54,55,55);text-decoration: underline;">Cubbo<= /strong>:

3D""

Cubbo= operates fulfillment centers across Mexico and Brazil, managing storage, inventory, and distribution for leading retail= ers and fintech companies like Natura, Pepsico, Plata Card, L'oreal or Reck= itt.

We process over 500,000 order= s and 5 million items monthly with proprietary technology that ensures spee= d, reliability, and cost control. The company generates over $35M in annual= revenue with profitable operations and expanding EBITDA margins.

Increase your sales by delivering orders w= ith the same experience as Amazon and Mercado Libre

Talk to Cubbo

👉🏼 If you’re interested in spons= orship opportunities, please reach out to yoel@dealflow.es

Startup funding news 💸

Rounds of= $10M+:

  • 🇧🇷 CloudWalk raises $781M via FIDC to advance credit receivables for SMEs using InfinitePay. The rou= nd included Itaú BBA, Bra= desco BBI, BTG, and others.

  • Ӻ= 74;🇽 Kapital raised $100M in Q= 3, landing the largest global WealthTech deal as it doubles down on AI-powe= red finance for SMEs across LatAm.

  • 🇧🇷 Tensec secures $59M in credit from Upper90 to 10x its cross-border transaction volume. Funds will support gl= obal B2B payments expansion.

  • 🇧🇷 Vammo

    🇧🇷 ISA Saúde

    🇲🇽 Bright secures $15M from Miro= va (Natixis) to scale distributed solar in Mexico. It’= s Mirova’s first LatAm energy transition investment.

    • <= li style=3D"margin: 8px 0 0 32px;mso-special-format: bullet;">

    🇧🇷 <= /span>GamdSports raises $11.2M to expand its = sports management platform. The round was backed by an international sports= tech fund.

Rounds $1M to $10M:<= /strong>

  • 🇧🇷 Produzi= ndo Certo raises $3.85M to expand its agtech platform= and boost ESG impact. The round was led by Arar Capital and SP Ventures, with others.

  • =

    ㇊= 3;🇷 Lumx raises $3.4M to scale= cross-border payments and secure licenses. The round was co-led by = Indicator Capital and CMT Digital, with Bitso and others.

  • 🇧 = 7479; Rhino raises $2.8M to expand its= armored ride-hailing fleet in São Paulo. The round was led by = TMT Investments and AngelsDeck.

  • = 🇲🇽 Ginia raises = $1.7M in pre-seed to scale its AI-powered edtech platform. The round was le= d by Wollef, with NFX= and Latitud participating.

    <= /li>

  • 🇦Ӻ= 79; Sumar Inversión raises S= 64;1.2M to expand its tokenized real estate platform in Spain and Argentina= =2E The Seed+ round supports its crowdf= unding growth.

  • 🇦🇷 <= strong>ReForest Latam raises $1M pre-seed to scale AI= and drone-based reforestation. The round was led by iThink = VC.

Other rounds = of funding:

  • 🇧🇷 Twiggy raises $650K in pre-seed to expand in Br= azil and the U.S. The round was led by FUNSES= , Bossa Invest, WOW, and ACE Ventures.

  • 🇧🇷㇌= 2;🇸 Phelcom raises funds from = J&J Impact Ventures to scale AI-powered e= ye care devices and expand access in underserved regions.

    • 🇦🇷 Remitee receives funding from Krealo to expand its embedded remittance platform acros= s 50+ countries for banks, fintechs, and retailers.

  • 🇨🇴 <= strong>DRUO raises seed round to scale its direct deb= it network and expand globally. The round was led by Global = PayTech Ventures.

  • 🇲🇽 R2<= span> raises funding from Ant International<= span> to scale its AI-driven lending platform and expand SME credit access = across LatAm.

M&A transactions 🎊=

🇬🇧🤝🇦🇷 Revolut acquires Cetelem Arg= entina from BNP Paribas to lau= nch FX and multi-currency services in Argentina and expand in LatAm.=

🇦🇷🤝🇲🇽 Moonflow acquires Kobro to strengthen its AI-driven collections platform and expand in a = key LatAm market.

🇧🇷 Founders Club acquires Angel Inv= estor Club and targets $8M in funding by end of 2025. The tw= o hubs will remain independent but now share full ecosystem access.<= /p>

🇧🇷 Spun Mídia acquires MIBR and launches= esports vertical EZOR, pledging $18.6M over = 5 years to scale brands, teams, and content in LatAm.

🇧= ;🇷 eB Capital launches = Flying Rivers Capital with $186M for low-carbon inve= stments, led by Luciana Antonini Ribeiro.

🇧🇷 GovTech Fund, managed by KPTL and Cedro, doubles to $19.6M and targets $27.9M in 20= 26, boosting gov-startup ties via Prodesp for Startups.

🇧🇷 S= ebrae partnered with Crédito Solidá= rio to train entrepreneurs on microcredit use in 5 SP= municipalities, focusing on pre- and post-loan support for small businesse= s.

Opportunities & Deadlines 👀

  • 🇨🇱 inDrive = lau= nches 2026 Aurora Tech Award in Chi= le to empower women-led tech startups with up to $50K in prizes; apply by Nov 12.

  • 🇦= 27479; Gavin Wood returns as Parity CEO and will open Polkadot’= ;s sub0 Symbiosis in Buenos Aires on Nov 14, spotlighting the next Web3 pha= se in LatAm.

  • 🇧🇷 Hauseful <= a href=3D"https://substack.com/redirect/6115f22f-c876-4e14-9f94-01dfd41e338= b?j=3DeyJ1IjoiM2dmeXZtIn0.xu76uFObqArDfP822j-jnN48_jCfgM3m0rbAsF0l24U" rel= =3D"" style=3D"color: rgb(54,55,55);text-decoration: underline;">will host<= /a> a real estate tech summit on Nov 27= at Cubo Itaú, spotlighting field ops, inspections, and innovation in = Brazil’s housing sector.

  • 🇨🇱 Logtech Day 20= 25 returns on Dec 4 in = Santiago, hosted by KLog.co, uniting LatAm lo= gistics leaders to reshape global trade through tech & collaboration.

  • = 463;🇷 GITEX LATAM debuts in S= P on Mar 16 2027, bringing the wo= rld’s largest tech and innovation event to boost digital transformati= on and global partnerships.

  • 🇲🇽 Bitso Business confirms the Stablecoin Conference LatAm= 2026, gathering global leaders on stablecoin innovation in = Mexico City; 📅 June 15–16= =2E

    • Startup news 💡

    = 🇦🇷 Argentina

      🇦🇷 Practigram partners with = Tienda Nube to launch an exclusive training module helping e= ntrepreneurs build online stores and scale e-commerce sales.

    • 🇦🇷= Ualá under strain: FIX flags h= igh arrears and capital risks as the fintech lays off 100+ staff amid $30B = loss at Ualá Bank.

    • 🇦🇷 Entelai launches Agent = One, the first clinical AI assistant built in LatAm, aiming = to transform diagnostics with local medical expertise.

    • 🇦🇷ԍ= 09;🇸🇦 Aleph partners w= ith SMC Media to expand in MEN= AT, with SMC set to join as a = minority shareholder.

    🇧🇷= Brazil

    • 🇧🇷 Itaú= ; and C6 Bank launch = World Legend, a new Mastercard= card for ultra-wealthy clients in Brazil, ranked above Blac= k tier.

    • 🇧🇷 Unico hits re= cord authentication volume with 110% YTD growth, securing top banks, retail= ers, and iGaming platforms amid rising digital fraud in Brazil.

      <= /li>

    • 🇧Ӻ= 79; Bemobi launches a P= ix orchestrator to streamline recurring payments and enable = automatic bank switching for essential service providers in Brazil.<= /p>

    • 🇧&#= 127479;🤝🇺🇸 Mombak partne= rs with Google to scale AI-powered = reforestation and carbon removal in Brazil ahead of COP30.

    🇨🇱 Chile

    • 🇨🇱 Reborn Electric M= otors partners with Marcopolo= to export Chilean-made e-buses and lead LatAm’s shift to elect= ric mining transport.

    • 🇨🇱 Enerlink= po= wers EV infra in 6 LatAm countries, cutting CO₂ equal to 19= ,000 homes every year.

    • 🇨🇱 Preu Filadd

      🇨🇱 KLog.co becomes the first Chilean startup to= secure a ticker (“KLOG”) on the = NYSE, marking a major stride toward its globa= l logistics ambitions.

    • 🇨🇱 HORUX Latam 🇨🇴 Colombia=

    • 🇨🇴 Wenia<= span> launches Wenialogía, a free= platform to teach crypto basics and build trust in the digital economy.

    • Ӻ= 64;🇴 Minka launches Payments Hub to simplify Bre-B integration, enabling ba= nks and fintechs to scale digital payments and offer new BaaS models.

    • 🇨= 🇴🤝🇺🇸 Nequi partn= ers with Banco Agrícola and Mastercard to expand digital remittances and bo= ost financial inclusion in El Salvador.

    • 🇲🇽 Cheaf= expands to Colombia with its food rescue app, offeri= ng surprise bags of surplus goods to fight waste and support sustainability= =2E

    🇲🇽 Mexico

    • 🇲🇽 Trafalgar SOFIPO launches with CNBV approval to off= er AI-driven financial services to underserved Mexican SMEs.

    • 🇨🇴= Fanki to digitize Mexico’s Estadio Banorte with AI, cashless payments, and a= nalytics ahead of the 2026 World Cup.<= /p>

    • 🇺&#= 127480;🤝🇲🇽 Amazon deepen= s its alliance with Rappi in Mexico= , launching 15-minute deliveries via Rappi Turbo to compete with Mercado Libre and = Walmart.

    • 🇪🇸🇲🇽 Bnext launches in Mexico, offering zero-fee acco= unts, a Visa card, and a fully digital app for managing finances online.

    🇵🇪 Peru

    • 🇵🇪 OKTO launches real-time A2A payments in Peru via QR walle= ts like Yape, Plin, and Bim to boost conversions and reduce = risks for merchants.

    🇺🇾 = Uruguay

    • 🇺🇾 dLocal launches BNPL Fuse, a si= ngle-API aggregator bringing flexible payments to emerging markets across L= atAm, Africa, MENA, and Asia.

    • 🇺🇾 Prex 🌎 Other LatAm News

    • 🇨🇴🤝🇸🇻🇬🇹= ; Nequi expands to El Salvador and Gua= temala with Banco Agrícola and Bam to drive digital banking and financial inclusion i= n Central America.

    • 🇲🇽🤝🇺🇾 Kueski partners with dLocal<= span> to expand BNPL in Mexico, offering flexible payments to consumers and= seamless integration for global merchants.

    • 🇪🇨🤝🇦= ;🇷 Bendo partners with = Geopagos to expand digital payments in Ecuador with = mPOS, payment links, and Tap to Phone.

    • 🇪🇨 Grupo = Futuro partners with Astralintu Space = Technologies to launch Ecuador’s first high-capacity p= rivate space station.

    Big company & poli= cy news 💡

    🇦🇷 = Mercado Libre becomes the new sponsor of AFA: from 2026, Argentina’s top football league wil= l be named Torneo Mercado Libre.

    🇦🇷 Mercado Libre ㇧= 8; LatAm leads in digital payments wit= h 62% mobile usage, surpassing 🇪🇺 Europe (41%), driven by SoftPOS and youn= g users.

    🇧🇷 Bra= zil to hit $418.8B in e= -commerce volume in 2025, leading 🌍 LatAm growth with 21% annual rise, powered by PIX (Nuvei).

    = 27468;🇧🇧🇷 Revolut expand= s in Brazil with interest-bearing BRL accounts, metal cards, and = credit products, boosting its presence across LatAm= .

    Interesting reads 💡

    <= span>🇲🇽 Israel Pantaleón= wr= ote “AI in the legal sector is driving a new= era of efficiency in Mexico”, on how tools like LemonTech’s LIA are transforming legal work with automation and data-driven strategy.

    <= div class=3D"subscription-widget-wrap" style=3D"font-size: 16px;line-height= : 26px;margin-bottom: 0;">

    Thanks for reading Dealflow LatAm! = Subscribe for free to receive new posts and support my work.

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