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Finally takes in $95M in equity, debt to roll out lending for small businesses

TechCrunch

Felix Rodriguez’s family is from the Dominican Republic, and he watched his aunts and uncles come to the United States and create their own businesses. The round was led by PeakSpan, with participation from Active Capital, 500 FinTech, and GTMfund. Clear Haven Capital provided the debt facility.

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

TechCrunch

The startup is measuring the number of transactions, connected institutions and active users on our platform. It plans to take its work to help Spanish-speaking countries in Latin America also modernize their payments infrastructure, with immediate plans to expand to the Dominican Republic, Bolivia and Mexico.

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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

Steve McLaughlin, managing partner at Financial Technology Partners (also known as FT Partners) posted on LinkedIn that “financing activity slowed notably compared to Q1 and the year ago period, but activity remained quite robust when compared to any other period besides 2021; activity did appear to wane as the quarter progressed.”

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

TechCrunch

Today, Dock operates 65 million active accounts through relationships with more than 300 clients. The company says the number of total monthly active accounts it processed in December 2021 was up 55% year-over-year to 48.4 Meanwhile, its number of active digital banking accounts climbed by 380% year-over-year.

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Research Friday: What Affects Hispanic Volunteering - Comparing Three Surveys in the United States

ASU Lodestar Center

Given the size and rapid growth of the Hispanic population, both native-born and immigrant, their participation in volunteering activities is important to the development of nonprofit organizations and the civil society in large. Participation in philanthropic activities: Donating money and time. References: Bryant, W. Kang, H., &

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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. Last year, the company pulled out of all the Latin American countries — Argentina, Ecuador, Peru, Panama, Costa Rica, Honduras, Guatemala and the Dominican Republic.