Mike Packer, of QED Investors, noted, 'I'm going to call this as the bottom of LatAm equity funding,' highlighting a shift in momentum for fintech investments.
Despite a significant drop from 2021, the $2.6 billion invested in Latin American fintech in 2024 suggests a possible recovery in funding compared to 2023.
Packer suggested that the resurgence in fintech deals is driven by companies that raised funds during the 2021 hype cycle and are now seeking their next round.
Recent deal closures, like Conta Simples' $41.5 million funding and Félix Pago's $15.5 million raise, signal a renewed interest and investment in LatAm fintech.
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