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image credit: MIKI Yoshihito / Flickr

SoftBank to invest further $1bn in LatAm fintech, ecommerce and health care in 2020

February 17, 2020

With a focus on ecommerce, health care – presumably including the increasingly popular ‘healthtech’ – and fintech companies, the capital is part of the investor’s efforts to support around 650 firms across LatAm with a total Vision Fund of $5 billion for the region.

So far the Japanese conglomerate has poured between $100 and $150 million into 17 companies and two venture capital (VC) firms, including a $125 million investment into Mexico’s small and medium enterprise (SME) lender AlphaCredit last month.

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