Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Over 5,600 Startups and Growing: Water Drives the GCC Startup Revolution

July 18, 2025

Kara Unveils AI Lending Assistant at Simply Asset Finance

July 18, 2025

Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

July 18, 2025

Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

July 18, 2025
Facebook X (Twitter) Instagram
Trending
  • Over 5,600 Startups and Growing: Water Drives the GCC Startup Revolution
  • Kara Unveils AI Lending Assistant at Simply Asset Finance
  • Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis
  • Fintech investors prefer Delaware over Texas for bankruptcy proceedings.
  • Improving Accuracy and Efficiency with Claude Financial Services AI
  • AI-Powered Financial Services That Integrate Your Complete Financial Landscape for Enhanced Diligence, Modeling, and Analysis
  • A clear strategy is essential for ongoing accountability in financial services driven by AI.
  • The Upcoming Zerodha? Fintech Startups Riding the Brokerage Surge
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025

    British Fintech Zilch Seeking International Tender Opportunities

    July 4, 2025
  • AI

    Kara Unveils AI Lending Assistant at Simply Asset Finance

    July 18, 2025

    Improving Accuracy and Efficiency with Claude Financial Services AI

    July 18, 2025

    AI-Powered Financial Services That Integrate Your Complete Financial Landscape for Enhanced Diligence, Modeling, and Analysis

    July 18, 2025

    A clear strategy is essential for ongoing accountability in financial services driven by AI.

    July 18, 2025

    Guidance for Exploring Continental Perspectives

    July 18, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025

    Southeast Asia’s Fintech Market: Size, Trends, and Growth Potential

    June 13, 2025
  • Insights

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025

    Finance Magnates Reports: XBO Designated as Top Cryptocurrency Payment Gateway. XBO’s core principles of trust and simplicity align with cutting-edge solutions, providing customers access to an award-winning crypto payment option. 16 hours ago

    June 26, 2025
  • Rumors

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025

    Tesla has announced that the new six-seat YL model will launch in China later this year.

    July 17, 2025

    Markets experienced a chaotic day amid speculation that Trump might fire Jerome Powell.

    July 17, 2025

    Rumors suggest that Stripe is entering the L1 blockchain sector amid advancements in AI and stablecoin development.

    July 16, 2025
  • Startups

    Over 5,600 Startups and Growing: Water Drives the GCC Startup Revolution

    July 18, 2025

    Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

    July 18, 2025

    The Upcoming Zerodha? Fintech Startups Riding the Brokerage Surge

    July 18, 2025

    Paris-based fintech platform Spiko secures 18.9 million euros to make treasury yields more accessible to everyone.

    July 17, 2025

    Updates on News, Economics, and Finance: Sensex, Nifty, Global Markets, NSE, BSE, and Live IPO Information

    July 17, 2025
  • finjobsly
fintechbits
Home » Propel leads $4.3 million investment in Akua, enhancing FinTech innovations in Latin America
Technology Innovations

Propel leads $4.3 million investment in Akua, enhancing FinTech innovations in Latin America

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Jonas Leupe 0ivop5v4mmu Unsplash 9 Scaled.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link
Propel leads $4.3 million investment in Akua, enhancing FinTech innovations in Latin AmericaPropel leads $4.3 million investment in Akua, enhancing FinTech innovations in Latin America

Akuaa payment processing platform based in Latin America, managed to secure an initial investment of $4.3 million.

Propel led the funding round, with additional contributions from Plug and Play, HTwenty, RallyCap, Flourish Ventures and ICventures. The investment round also included high-impact angel investors with previous roles at companies like Mastercard, dLocal, Jeeves and Nubank.

Akua sets a new standard in the region by developing the first “as a service” acquisition processor platform. This platform is cloud-native, highly secure, operates in real-time and integrates AI to streamline operations for financial institutions and merchants in Latin America.

The funding will be used to launch Akua’s platform in Colombia next year, with plans for rapid expansion into Mexico, Peru, Chile and Brazil. Initially, the platform will support card payment processing, connecting directly to major networks like Visa and Mastercard, before integrating alternative payment methods.

In addition to the investment news, Akua revealed important operational plans and technological innovations. With 90% of its 20-person workforce comprised of engineers from large global technology companies, the company is well-positioned to tackle the region’s outdated payment systems that contribute to high fraud rates and inefficiency .

David Mort of Propel highlighted the importance of this company: “This is the right team to provide scalable, secure and efficient payment processing solutions for Latin America. Harmonizing the noise between merchants, card networks and acquirers is essential to unlocking business value and growing the new digital economy.

Additionally, Carlos Marín, CEO of Akua, said: “The payments landscape in Latin America is at a crucial juncture. Many businesses are still using legacy systems that are three decades old, leading to slow processing times and high fraud rates. We will be the first to offer a regionally integrated platform for processing any payment system, to bring efficiency, productivity and immediacy to consumers through the organizations that serve them.

Investors

The following investors have been identified in this article.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Banking Innovations: Updates, Insights, and Developments in the EEC

July 17, 2025

Create a Culture of Innovation in Fintech and Life Sciences

July 10, 2025

30 startups showcase the newest advancements and trends in financial technology at the Auckland Fintech Expo

July 8, 2025
Leave A Reply Cancel Reply

Latest news

Over 5,600 Startups and Growing: Water Drives the GCC Startup Revolution

July 18, 2025

Kara Unveils AI Lending Assistant at Simply Asset Finance

July 18, 2025

Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

July 18, 2025
News
  • AI in Finance (1,380)
  • Breaking News (157)
  • Corporate Acquisitions (65)
  • Industry Trends (178)
  • Jobs Market News (292)
  • Market Insights (191)
  • Market Rumors (251)
  • Regulatory Updates (151)
  • Startup News (924)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,380)
  • Breaking News (157)
  • Corporate Acquisitions (65)
  • Industry Trends (178)
  • Jobs Market News (292)
  • Market Insights (191)
  • Market Rumors (251)
  • Regulatory Updates (151)
  • Startup News (924)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.