Strike introduces its cross-border payment service “Send Globally” in Mexico
Strike, the global money app for Bitcoin and fast, secure payments, yesterday announced the expansion of “Send Globally” to Mexico. With this expansion, it will bring its payment service to the largest remittance market in the US. In 2022, Mexico received $60 billion in remittances from the US alone, about 95% of total remittances from abroad. Today, sending a payment from […]
Miami-based SupplyCaddy raises USD3.2 mln in seed funding
SupplyCaddy, a global manufacturer and supplier of packaging and disposables for the foodservice industry, announced recently that it has raised $3.2 million in seed funding led by CEAS Investments. This funding will allow the high-growth startup to expand its resources and drive incremental growth across innovative product development and global infrastructure. “Our mission at SupplyCaddy […]
Kraft Heinz and BEES broaden partnership to drive sales in LATAM
The Kraft Heinz Company and BEES yesterday announced an expanded partnership to propel the B2B marketplace, with the ambition to unlock 1 million potential new points of sale across LATAM for the Company, specifically to enhance its footprint in Mexico, Colombia and Peru. The new LATAM deal is designed to be the catalyst to help […]
Hughes Technologies to empower satellite connectivity in Mexico
Hughes technologies an innovator in satellite and multi-transport technologies and networks for over 50 years, today announced that its JUPITER System platform has been selected by Star group, Apconet/Ai telecom, Eutelsat and Global sat to power satellite connectivity at more than 7,200 sites across Mexico. Additionally, Star group chose Ka-band capacity from the Hughes JUPITER high-throughput satellite fleet for an integrated, high-performing […]
Leal Secures $10Mn Series A fundings led by Rakuten Capital and IDC Ventures
Colombian-based consumer and fintech company Leal has raised a $10 million Series A round co-led by global internet services leader Rakuten Group – through its investment arm Rakuten Capital – and IDC Ventures global fintech investment firm. This capital infusion will enable the company to launch its co-branded credit card and scale its operation in […]
Blockchain.com Acquires Argentinian Crypto Powerhouse SeSocio
Blockchain.com, one of the world’s oldest and most trusted cryptocurrency platforms, has acquired SeSocio, one of the largest crypto companies in Argentina and one of the most prolific across Latin America. With its largest acquisition to date, Blockchain.com accelerates its rapidly growing footprint across Latin America, armed with a team committed to crypto adoption across the continent. Already a crypto […]
Mastercard Acquires Arcus to support real time payment applications
Mastercard today announced it has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America. With offices in New York and Mexico City, Arcus helps to enable bill pay and cash-in, cash-out services for some of the […]
