Fundraising for Latam fintechs likely to be under pressure

The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank’s headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo WhitakerRegister now for FREE unlimited access to reuters.comRegisterDec 3 (Reuters) – Fundraising is likely to become momentarily tougher for financial startups in Latin America as the prospect of higher interest rates has reduced investor appetite for riskier assets, chief financial officers told the Reuters Next conference.Panelists said investors will ask for more indications of profitability before pouring money into fintechs in the region.”There will be larger scrutiny around the projects, like around the prospects of what’s the …
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