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Minka raises $24M from Tiger, Kaszek to help move money more quickly across LatAm

TechCrunch

Bogota-based payments infrastructure startup Minka has secured $24 million in a funding round co-led by Tiger Global Management and Kaszek. The startup is measuring the number of transactions, connected institutions and active users on our platform. Image Credits: Minka. Notably, Mastercard is also an investor in the company.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

Mike Smith’s a bit older than the age of your average college student, but he and two other cohorts from Syracuse University (Ian Dickerson and Frank Taylor) have already launched Centscere , a startup that takes your Facebook and Twitter activity and turns it into charitable bucks. You can’t talk back to your baked goods – or can you?

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Fintech startups lead the layoff wave

TechCrunch

In 2021, fintech startups were the top recipients of venture capital globally, accounting for about 21% of dollars raised with $131.5 So far in 2022, fintech startups are earning another, less favorable distinction — accounting for the third largest number of layoffs, by percentage, globally. for global expansion. And elsewhere.

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Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

TechCrunch

If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Existing backers Riverwood Capital, Viking Global Investors and Sunley House Capital also participated in the financing. Today, Dock operates 65 million active accounts through relationships with more than 300 clients.

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Glovo to double down African investment in the next 12 months — but will it stay put?

TechCrunch

Glovo’s expansion activities this year have notably come on the back of regulatory challenges it is facing in its home country, Spain. However, in markets like Africa, there are fewer concerns regarding the working conditions of riders, which undoubtedly appeals to what these global players fancy.

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7 Nonprofits Leading the Fight Against Human Trafficking

Saleforce Nonprofit

The organization operates in Thailand, Cambodia, the Philippines, Laos, Dominican Republic and India and also has offices in three donor nations: United States, Australia and New Zealand. s slavery and trafficking activity. It also provides data to help focus preventive and rescue efforts for victims.