The Overseas Private Investment Corporation (OPIC) has launched a call for proposals to manage new private equity investment funds in emerging markets worldwide, a press release from OPIC reads.
The initiative is intended to result in at least US$400mn in OPIC financing for sustainable development globally, catalyzing hundreds of millions more in private sector investment. It will be open to private equity, debt, mezzanine, fund-of-funds and hybrid fund strategies. The deadline for submitting a proposal is January 12.
The ATMs will be specifically designed for Santander - the country's third largest private bank - and will be available only in the Brazilian market.
Internet-based credit and debit payments in Chile will expand 72% this year, reaching US$2bn, local daily La Tercera reported, based on figures from merchant acquirer Transbank.
Utilities such as water, electricity and gas are the most popular for online payments, followed by telecommunications and electronic highway tolls. Websites of large retail stores are also seeing their online sales increase.