Investors cut valuations of Latam startups -Creditas founder –

It also plans to present development in the operation of Voltz, an electric motorbike maker in which Creditas invested 100 million reais.The investment banking unit of Latin Americas largest bank, Itau BBA, is hosting its very first conference in New York with Latin American CEOs considering that the start of the pandemic, with around 150 companies headquartered in Brazil, Mexico, Colombia and Argentina.Emerging market investors have actually been more interested in Latin America because the Ukraine war, as the region is reasonably insulated from the greater geopolitical risks. They also have actually become more demanding.Alex Ibrahim, head of international markets at the New York Stock Exchange (NYSE), anticipates markets to reopen for brand-new equity offerings from Latin America by September. While the market is closed, the NYSE has been working to prepare candidates, including tech and industrial business, to come to markets when there is a window.Register now for FREE endless access to Reuters.comRegisterReporting by Tatiana Bautzer; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

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