{"id":19218,"date":"2016-09-02T16:02:52","date_gmt":"2016-09-02T16:02:52","guid":{"rendered":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/"},"modified":"2016-09-02T16:02:52","modified_gmt":"2016-09-02T16:02:52","slug":"iatai-enterprises-picks-up-us5m","status":"publish","type":"post","link":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/","title":{"rendered":"IATAI Enterprises Picks Up US$5m"},"content":{"rendered":"

(PEHUB<\/a>) IATAI Enterprises<\/strong>, a financial and insurance tech company in Latin American and the Caribbean, has secured $5 million in funding from CASEIF III LP<\/strong>, an institutional private equity fund. Among CASEIF III\u2019s investors are International Finance Corporation <\/strong>of World Bank Group<\/strong>; Norwegian Investment Fund for Developing Countries<\/strong> and Swiss Investment Fund for Emerging Markets.\u00a0<\/strong><\/p>\n

IATAI Enterprises, a leading FinTech & InsurTech company in Latin American and the Caribbean, received the first round, US$5M, of the strategic investment from CASEIF III LP, an Institutional Private Equity Fund.<\/p>\n

The funding raised will be used by the company to expand its operations internationally and reinforce its leadership role, when it comes to innovation in the financial and insurance industries. In the near future, IATAI aims to raise an additional US$15m to complete its revolutionary road map by 2020.<\/p>\n

CASEIF III LP promotes debt and equity capital investments for small and mid-sized companies in Central America, Colombia, and the Dominican Republic. The fund has a life term of ten years. CASEIF III\u2019s investors are international finance institutions of renowned experience and prestige that share the mission to promote development through the investment in profitable private businesses and projects.<\/p>\n

The investors are: International Finance Corporation \u2013 IFC, of World Bank Group; Norwegian Investment Fund for Developing Countries \u2013 NORFUND; Swiss Investment Fund for Emerging Markets \u2013 SIFEM; Impact Investing SME Focus Fund \u2013 IIF SME LP of UBS Bank, both of them managed by OBVIAM AG; Dutch development bank \u2013 FMO; Andean Development Corporation \u2013 CAF; Madagascar Biodiversity Fund \u2013 FAPBM; and LAFISE Group \u2013 LAFISE.<\/p>\n

IATAI\u2019s prime focus is FinTech & InsurTech and the discovery of new dimensions in these industries by exploring disruptive prospects. Additionally, in order to provide the best products and services, they continue to create a series of International Strategic Alliances that allow them to deliver visionary business models.
\nMotion Life is IATAI\u2019s creative lab. Since 1989, it\u2019s constantly looking for new trends, systematization of knowledge, analysis of social behavior, and consumer habits. The team in their Silicon Valley Headquarters, recently launched their new mobile transactional platform: \u201callegra\u201d. http:\/\/allegra.global\/<\/p>\n

\u201cNow users can make purchases online and in stores with a new mobile\/digital payment method enabled by Visa Checkout \u2013both iOS and Android. This is the kind of secure and frictionless payment enablers that we\u2019re exploring with our clients to take advantage of electronic payment systems, NFC, and QR contactless communication between phones and POS, allowing users and merchants to have an easy and smart transactional relationship,\u201d Sergio Arana, CEO of IATAI said.<\/p>\n

\u201cMobilizing \u2013 Omni Channel\u201d is the concept that gave birth to onepocket by allegra. An innovative payment method that allows to pay with Visa Checkout in combinations with reward points, and opens a world of opportunities with handy mCard. The first intelligent and universal mobile card. http:\/\/allegra.global\/handyu-visa\/<\/p>\n

\u201cMobilizing \u2013 Protection\u201d When you\u2019re traveling or in your daily life, handy mCard protects you in all your activities \u00ad\u2013anytime, anywhere.<\/p>\n

\u201cUberization of everything\u201d IATAI is also developing a mobile platform that connects users to all sorts of services that meet their day-to-day needs. From home, cars, pets, restaurants, rides, etc.<\/p>\n

IATAI\u2019s key numbers: Nowadays, the platform has 8M+ users, 57K merchants\/service providers, 17K hospitals, 8K doctor networks worldwide, and 14 financial institutions in LAC.<\/p>\n","protected":false},"excerpt":{"rendered":"

(PEHUB) IATAI Enterprises, a financial and insurance tech company in Latin American and the Caribbean, has secured $5 million in funding from CASEIF III LP, an institutional private equity fund. Among CASEIF III\u2019s investors are International Finance Corporation of World Bank Group; Norwegian Investment Fund for Developing Countries and Swiss Investment Fund for Emerging Markets.\u00a0Continue reading “IATAI Enterprises Picks Up US$5m”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"yoast_head":"\nIATAI Enterprises Picks Up US$5m - LAVCA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IATAI Enterprises Picks Up US$5m - LAVCA\" \/>\n<meta property=\"og:description\" content=\"(PEHUB) IATAI Enterprises, a financial and insurance tech company in Latin American and the Caribbean, has secured $5 million in funding from CASEIF III LP, an institutional private equity fund. Among CASEIF III\u2019s investors are International Finance Corporation of World Bank Group; Norwegian Investment Fund for Developing Countries and Swiss Investment Fund for Emerging Markets.\u00a0Continue reading "IATAI Enterprises Picks Up US$5m"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\" \/>\n<meta property=\"og:site_name\" content=\"LAVCA\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-02T16:02:52+00:00\" \/>\n<meta name=\"author\" content=\"dystrick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lavca_org\" \/>\n<meta name=\"twitter:site\" content=\"@lavca_org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"dystrick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\"},\"author\":{\"name\":\"dystrick\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278\"},\"headline\":\"IATAI Enterprises Picks Up US$5m\",\"datePublished\":\"2016-09-02T16:02:52+00:00\",\"dateModified\":\"2016-09-02T16:02:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\"},\"wordCount\":554,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.lavca.org\/#organization\"},\"articleSection\":[\"Industry News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\",\"url\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\",\"name\":\"IATAI Enterprises Picks Up US$5m - LAVCA\",\"isPartOf\":{\"@id\":\"https:\/\/www.lavca.org\/#website\"},\"datePublished\":\"2016-09-02T16:02:52+00:00\",\"dateModified\":\"2016-09-02T16:02:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.lavca.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IATAI Enterprises Picks Up US$5m\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.lavca.org\/#website\",\"url\":\"https:\/\/www.lavca.org\/\",\"name\":\"LAVCA\",\"description\":\"The Association for Private Capital Investment in Latin America\",\"publisher\":{\"@id\":\"https:\/\/www.lavca.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.lavca.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.lavca.org\/#organization\",\"name\":\"LAVCA\",\"url\":\"https:\/\/www.lavca.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png\",\"contentUrl\":\"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png\",\"width\":470,\"height\":232,\"caption\":\"LAVCA\"},\"image\":{\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/lavca_org\",\"https:\/\/www.linkedin.com\/company\/lavca\/\",\"https:\/\/www.youtube.com\/user\/LAVCA1\/\",\"https:\/\/lavca.org\/about\/contact-lavca\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278\",\"name\":\"dystrick\",\"sameAs\":[\"https:\/\/www.lavca.org\"],\"url\":\"https:\/\/www.lavca.org\/author\/dystrick\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IATAI Enterprises Picks Up US$5m - LAVCA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/","og_locale":"en_US","og_type":"article","og_title":"IATAI Enterprises Picks Up US$5m - LAVCA","og_description":"(PEHUB) IATAI Enterprises, a financial and insurance tech company in Latin American and the Caribbean, has secured $5 million in funding from CASEIF III LP, an institutional private equity fund. Among CASEIF III\u2019s investors are International Finance Corporation of World Bank Group; Norwegian Investment Fund for Developing Countries and Swiss Investment Fund for Emerging Markets.\u00a0Continue reading \"IATAI Enterprises Picks Up US$5m\"","og_url":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/","og_site_name":"LAVCA","article_published_time":"2016-09-02T16:02:52+00:00","author":"dystrick","twitter_card":"summary_large_image","twitter_creator":"@lavca_org","twitter_site":"@lavca_org","twitter_misc":{"Written by":"dystrick","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#article","isPartOf":{"@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/"},"author":{"name":"dystrick","@id":"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278"},"headline":"IATAI Enterprises Picks Up US$5m","datePublished":"2016-09-02T16:02:52+00:00","dateModified":"2016-09-02T16:02:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/"},"wordCount":554,"commentCount":0,"publisher":{"@id":"https:\/\/www.lavca.org\/#organization"},"articleSection":["Industry News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/","url":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/","name":"IATAI Enterprises Picks Up US$5m - LAVCA","isPartOf":{"@id":"https:\/\/www.lavca.org\/#website"},"datePublished":"2016-09-02T16:02:52+00:00","dateModified":"2016-09-02T16:02:52+00:00","breadcrumb":{"@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lavca.org\/iatai-enterprises-picks-up-us5m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lavca.org\/"},{"@type":"ListItem","position":2,"name":"IATAI Enterprises Picks Up US$5m"}]},{"@type":"WebSite","@id":"https:\/\/www.lavca.org\/#website","url":"https:\/\/www.lavca.org\/","name":"LAVCA","description":"The Association for Private Capital Investment in Latin America","publisher":{"@id":"https:\/\/www.lavca.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lavca.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.lavca.org\/#organization","name":"LAVCA","url":"https:\/\/www.lavca.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/","url":"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png","contentUrl":"https:\/\/www.lavca.org\/wp-content\/uploads\/2023\/08\/logo@2x.png","width":470,"height":232,"caption":"LAVCA"},"image":{"@id":"https:\/\/www.lavca.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/lavca_org","https:\/\/www.linkedin.com\/company\/lavca\/","https:\/\/www.youtube.com\/user\/LAVCA1\/","https:\/\/lavca.org\/about\/contact-lavca\/"]},{"@type":"Person","@id":"https:\/\/www.lavca.org\/#\/schema\/person\/c2aca6233792370eb0c8be5b3e3b0278","name":"dystrick","sameAs":["https:\/\/www.lavca.org"],"url":"https:\/\/www.lavca.org\/author\/dystrick\/"}]}},"_links":{"self":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts\/19218"}],"collection":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/comments?post=19218"}],"version-history":[{"count":0,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/posts\/19218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/media?parent=19218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/categories?post=19218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lavca.org\/wp-json\/wp\/v2\/tags?post=19218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}