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Tag: Softbank

Ualá bets on fintech expansion with support from Tencent and SoftBank giants

Argentine digital bank Ualá is looking to double its size, expand its product range and take advantage of the experience of new investors such as Chinese technology giant Tencent and Japanese SoftBank, said the founder of the “Startup” Pierpaolo Barbieri. Ualá, a personal finance application, announced this week that it…

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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá,…

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What conditions does Softbank put to invest fresh dollars in a company, a project or startup?

The Japanese giant that created a US $ 5,000 million fund for Latin America requests some requirements before continuing to bet on ventures SoftBank, whose US $ 5,000 million fund for Latin America is bringing unprecedented resources to new companies in the region, is also courting venture capital funds, an…

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The Japanese giant SoftBank will invest in the Mexican platform Kavak

The strong investments of the Japanese bank focused on technology center in Mexico. The rumor was confirmed: SoftBank will invest in the Kavak used car platform. About Softbank SoftBank is an empire of artificial intelligence companies, Internet businesses and new transport companies. Softbank will allocate more than US $ 5,000…

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