This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. By year’s end, La Haus intends to be in every major metropolitan area in Mexico and Colombia. .
Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . and Europe.
The raise follows a year of strong growth, according to the company, which saw its revenue increase by “well over 20x” in 2021. With this latest raise, Habi says it has become the second unicorn in Colombia and only LatAm unicorn with a female founder and CEO , according to Crunchbase.
Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .
In its home country of Colombia, the startup has already had an impact. It partnered with ACH Colombia to work on The Transfiya project, which includes direct read and write API access to 80% of the accounts in the country. With the raise of new capital, however, we will also offer a self-service SaaS to fintechs soon.”. “We
The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception. It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.
The company collects and standardizes metadata from across the network, including DNS queries, network traffic, access logs from perimeter proxies, firewalls and spam box filters, then applies AI to correlate threat intelligence from these disparate data sources to isolate confirmed points of compromise.
Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. With the latest round, Houm has raised a total of $45 million since its inception.
almost commonplace, but in Latin America, where broadband isn’t widely available, 1Doc3 is using text and chat to provide access to care. Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. This round brings the total raised by 1Doc3 to $5 million.
Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. Belvo currently operates in Mexico, Colombia and Brazil. .
The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million. Kavak, which was founded in 2016, is an online marketplace that aims to bring transparency, security and access to financing to the used car market.
In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. Addi is currently available for e-commerce, mobile and brick-and-mortar purchases in Brazil and Colombia, with plans to expand across Latin America in the coming years.
After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Wind Ventures gears up to invest in startups looking at Latin America.
Less than seven months after closing on a $57 million Series B , fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exception as of late. billion valuation.
and Colombia, including Amazon, NASCAR, Weee!, To help it grow and further expand its reach, Shift One just raised a $5.2 “Companies get access to a steady, predictable source of high-quality labor. And it has about 50 clients in the U.S. Mensajeros Urbanos and the Consumer Electronics Show (CES).
Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.
Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.
UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.”
He said the company’s goal is to wean people from passwords, helping consumers obtain more ownership over their economic data by granting control over who can access it. The app works like this: Portabl stores the information used to access existing financial apps. He was born in Colombia, adopted, and raised in Stamford, Connecticut.
Rappi , a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 The new financing brings Bogota-based Rappi’s total raised since its 2015 inception to over $2 billion, according to Crunchbase. Its last raise was a $300 million funding round in September of 2020.
Brazil and Mexico continue to lead as regions where many startups are getting funding, but as LAVCA’s statistics show, some of that investor love is being spread around to other countries like Colombia, Argentina and Chile. It also invested in Brazilian social grocery commerce company Favo , which raised a $26.5
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Banks in Latin America have a saying that ‘they lend money to people who don’t need it.’
Morado, a two-month-old Colombian startup aiming to digitize beauty salons in Latin America, has raised $5 million in a pre-seed round from a bevy of global investors. In its first 30 days of operation, Morado says it “already has national coverage for deliveries in Colombia.”
DEUNA provides a payments infrastructure that integrates with major payment providers and alternative payment methods and provides merchants access to more than 3 million users. Addi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation. We recently saw Sleek raise $1.7
While QuintoAndar dominates the Brazilian market, Houm operates in Chile, Mexico and Colombia, and aims to capture the rest of Spanish-speaking LatAm. However, Houm’s selling proposition isn’t just the ease of use it provides; instead, it also serves as a guarantor in my ways, making the buying process more accessible. “In
In Latin America, where being a part of a community is important, we see startups, like Trela in Brazil and Muni in Colombia, bringing people together under a common need — in Muni’s case, the purchase of everyday essentials. The process is fairly simple: Community leaders centralize the orders by sharing a link to the WhatsApp online store.
The Colombia-based company is taking on some of that inventory burden by providing access to inventory at lower prices and often same-day delivery on thousands of products. All of the processes are connected with our technology that stakeholders access from an app.”. million corner stores across Latin America.
T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 In 2021, Truora launched its WhatsApp-focused Truconnect product in an effort to help companies connect, and verify users, via a more accessible channel. . “We
This sophistication, however, masks a backward state of affairs plagued by appalling customer service, exorbitant fees and lack of banking access for many. It has 40 million users across Brazil, as well as Mexico and Colombia. Nubank had no say in the content of this analysis and did not get advance access to it.
.” TechCrunch+ members receive access to weekly “Dear Sophie” columns; use promo code ALCORN to purchase a one- or two-year subscription for 50% off. Dear Sophie, We co-founded a startup in Colombia, and we’re thinking about opening a sales office in the U.S.! Department of State maintains a list of treaty countries.
Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. This is the beginning of a larger push into fintech and at the same time it improves access to better properties for customers,” said CEO and co-founder Franco Forte.
Fintual is an automated passive investment platform that allows the average person in Chile or Mexico to invest in mutual funds containing ETFs (Exchange Traded Funds), investment vehicles that aren’t as well known, or as readily accessible in Latin America. To date, the company has raised about $15.2 May 2020. 87.6
Kavak , a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 This news is notable for a few reasons. billion since its 2016 inception.
Different banks all have their own reporting interfaces and platforms that customers can access, and many don’t give customers APIs to be able to access their own data. Open banking seeks to bypass traditional financial rails by allowing banks to give developers access to their data through APIs.
In essence, we're being paid to deliver – free – accessible books to all students with print disabilities in the United States for the next five years. The project has been so successful at raising student reading skills that they hope to provide similar services to their non-disabled students as well.
Swvl raised $121.5 The forward purchase agreement was done with a group, and it was just access to additional capital,” Queen’s Gambit Capital founder and CEO Victoria Grace told TechCrunch when asked if the termination affects the deal. Riley Principal to access over the next few weeks if certain conditions are met, he said.
The startup’s offering is currently live in Mexico — its largest market — as well as Colombia, Canada and the U.S., Jeeves claims that by using its platform, any company can spin up their finance function “in minutes” and get access to 30 days of credit on a true corporate card, noncard payment rails, as well as cross-border payments.
As such, the company is also making it more accessible, charging between $25 and $50 per month. Today, the company has a team of more than 70 employees in Argentina, Chile, Mexico, Colombia and Brazil. Fudo is now among them, having raised $7.5 It also grew 10x to support 10,000 restaurants.
Valoreo , a Mexico City-based acquirer of e-commerce businesses, announced Tuesday that it has raised $50 million of equity and debt financing in a seed funding round. The company’s model is similar to that of Thrasio — which just raised another $750 million – – and Perch in the U.S. How it works.
Access to global supply chains can be difficult for small businesses in Latin America, but companies like Meru , which raised funding in March to source and import goods between Mexico and China, and now more recently Pandas , are tapping into overseas relationships and technology to make this easier.
Most recently, SoftBank put money in a funding round raised by Rankmi in Chile. “We still have dry powder from LatAm Fund II and access to Vision Fund II. And last year, Latitud raised $11.5 In recent years, SoftBank has also backed companies in other countries, such as Chile and Colombia, for example.
The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. Klarna recently raised $800 million at a $6.7
If financial services are easier to access or if it’s easier for a business to operate or make payments or accept payments, then that’s all because of fintech. The startup in December raised a $75 million Series B funding round led by Dragoneer Investment Group. TechCrunch covered the company’s $100 million raise at a $1.5
The investors raised $40 million for their first fund after starting the firm in 2018 and have now closed on $100 million in capital commitments for MAYA’s second fund. With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content