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INFOGRAPHIC: LATAM's Top Weekly Startup Funding—Week 26, 2025

In this week's funding deals, we tracked Waltz, Welli, Justos, Tensec, and DEX in the LatAm region.

by Louis Eriakha Oyinebiladou Omemu
INFOGRAPHIC: LATAM's Top Weekly Startup Funding—Week 26, 2025
Photo by Gabriel Porras / Unsplash

It was a notable week for Latin America’s tech ecosystem, with startups across Colombia, Brazil, and the broader cross-border fintech space securing fresh capital to scale platforms, expand internationally, and enhance access to underserved markets, from healthcare and real estate to foreign exchange and events.

Waltz, a U.S.-based real estate fintech, raised $50 million in equity and debt funding, including a $25 million credit line via Setpoint to finance property purchases. The platform enables foreign investors—especially from Latin America—to finance U.S. residential real estate remotely. With over $300 million in financing requests processed and Latin Americans making up nearly a third of foreign buyers in the U.S., Waltz is now launching in Brazil, its first Latin American market, with localised features like Portuguese-language support and integrated banking and LLC services.

In Colombia, healthcare fintech Welli raised $25 million in growth funding, aiming to position itself as the region’s go-to health-focused lender. The platform, which allows patients to obtain instant loans for medical and cosmetic treatments, works with over 1,500 clinics across 60 municipalities. Co-founded by Felipe Gómez (ex-McKinsey) and Felipe Jaramillo (ex-Acciones & Valores), Welli has already facilitated over $50 billion COP in treatments. With 30% of Colombian patients reportedly delaying care due to a lack of financing, the company plans to introduce scheduled savings options and expand its services regionally by year-end.

Brazilian auto-insurtech Justos followed with a $16.5 million growth round led by Ribbit Capital, with participation from Kaszek, Scale Up, and Endeavor Catalyst. The São Paulo-based company uses smartphone-based telematics to reward safe drivers and has doubled revenue annually since launching in 2020. With its recent approval for a full S3 insurer license from SUSEP, Justos plans to deepen its AI-powered broker tools—automating policy quotes, claims, and roadside services—and push into Brazil’s top 10 auto insurers.

Global cross-border fintech Tensec closed a $12 million round led by Costanoa Ventures, alongside Quiet Capital, WillowTree Investments, Cambrian VC, Ignia Partners, Montage Ventures, Renegade Partners, and Endeavor Scale Up Ventures. With a client base already handling $10 billion in annual trade, Tensec offers foreign exchange and cross-border payment services across 150+ countries. The funds will support expansion into Asia-Pacific and the EU and scale its AI-driven infrastructure, which reduces FX transaction wait times from days to minutes.

Finally, Brazilian event fintech DEX secured $1.8 million in initial funding, part of a deal that could unlock up to $9.1 million more upon meeting growth benchmarks. The investment, led by Grupo Loc and advised by Pulse Capital, will go toward tech upgrades, franchise expansion, and working capital for receivables financing. DEX operates across 20 Brazilian states, powering 46 million transactions annually with its NFC-enabled kiosks, cashless systems, and credit solutions for the entertainment and hospitality industries.

These latest rounds underscore Latin America’s evolving tech scene, where fintech innovation continues to thrive—from health and insurance to real estate and payments—bridging financial access gaps and streamlining outdated systems through automation, AI, and local-first strategies.

by Louis Eriakha Oyinebiladou Omemu

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