TLDR: AVLA, a provider of surety and trade credit solutions, has raised $25m in funding to support its expansion into the US market. The Chile-based company, which generated $150m in insurance revenue in 2023, plans to use the investment to scale its operations and consolidate its presence among small and medium-sized enterprises (SMEs) across Latin America. AVLA is recognised as one of the top five providers of surety and trade credit solutions in the region.
AVLA secures $25m – Set to conquer US market
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-22.png)
Latest from News
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-7-720x480.png)
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-44-720x480.png)
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-26-720x480.webp)
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-38-720x480.png)
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
![](https://paymentspeek.com/wp-content/uploads/2024/01/paymentspeek-images-10-720x480.webp)
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.