SoftBank-backed Argentine fintech valued at almost $2.5bn

SoftBank-backed Argentine fintech valued at almost $2.5bn

Ualá has established its place in the ranks of the unicorns of Latin America, despite the troubled economy in the country, while groups, including SoftBank and Tencent, use a regional shift from cash to digital services. The company secured $350m in private funding...
Carlyle-Backed Madero Aiming For $1.3bn In An IPO

Carlyle-Backed Madero Aiming For $1.3bn In An IPO

Madero Industria, a Brazilian restaurant chain backed by private equity firm Carlyle Group, is targeting about $1.3bn in its initial public offering. The Ponta Grossa, Parana-based company plans to raise about $230m from the share sale, said the people, who asked not...