Bitso, the Mexico-based cryptocurrency exchange, has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. It has been reported that the latest investment round gives Bitso a total value of $2.2 billion, making it the first Latin American cryptocurrency exchange to be worth over $1 billion. It’s also the third-most valuable fintech company on the continent. However, the raise was led by Tiger Global and Coatue,

Bitso, the biggest crypto exchange in Latin America, has raised $62 million dollars in a series B funding round. It has been reported that Bitso plans to use the funding to consolidate its expansion in the region, including a focus on Brazil’s emerging market. However, the fundraising round for the Mexican exchange was led by the investment funds Kaszek Ventures and QED Investors. Nigel Morris, the co-founder of QED and Nicolas Szekasy, the Managing Director of Kaszek, will a

Bitso, the Mexican cryptocurrency exchange, has partnered with Donadora, the Mexican crowdfunding platform, to launch a crypto-based COVID-19-related donation system, as the platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. On May 15, it has been reported by El Heraldo de México that each pantry delivered will be worth 150 Mexican pesos. They will have enough food to feed families of between four and six members for