News

Argentina’s Kamay Ventures invests in INI, its third investment in Latam

Kamay Ventures, which also invested in the Mexican startup Retypay and Ecuadorian Altscore, has invested in INI, which has a platform for offline payments that facilitates transactions in congested urban areas as well as in regions with limited or no connectivity. It positions itself as the only company worldwide that can process payments both with and without internet connection. INI, which currently operates from the US, serves clients such as Banco Comafi, Diario La Voz, Coca-Cola Latin America, and the Arcor Group.

More News

Next Article

Credicorp launches investment program for emerging companies in Colombia, Chile, and Peru

July 13, 2023

Peru’s Credicorp is seeking startups that use AI, machine learning, blockchain, and Web3 technology in financial services, or that develop business models in open finance or embedded finance. Their aim is to select, identify and support 10 promising pre-seed stage startups in the financial services sectors in Colombia, Chile, and Peru. Each of the 10 selected will receive an initial investment of US$50,000, and at the end of the program they will have the opportunity to receive up to an additional US$100,000 in investment.

CDPI Emerging Markets
Previous Article

Nigerian mobility fintech Moove closes US$8M to expand vehicle fleet in Ghana

July 13, 2023

Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has secured US$8 million in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding to-date from the bank to US$28 million, to expand its vehicle fleet in Ghana. Founded in 2019, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.

CDPI Emerging Markets