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Chile-based Kredito raises $4M to help businesses get loans

TechCrunch

Today, Chile-based Kredito announced a $4 million pre-seed round. Robles explained that in Chile, when you open a business bank account, you don’t get a credit or debit card attached to it, so entrepreneurs usually have to use their personal cards. However, the business banking space seems like it’s also undergoing some changes.

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NotCo gets its horn following $235M round to expand plant-based food products

TechCrunch

In total, NotCo, with roots in both Chile and New York, has raised more than $350 million, founder and CEO Matias Muchnick told TechCrunch. Brazil, Argentina, Chile and Colombia. NotBurger went into Burger King restaurants in Chile 11 months ago, and now has 5% of the market there, he added. over the next three years.

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Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in Latam

TechCrunch

Some of the functionalities they build enable both local and cross-border payment players in credit and debit cards, bank transfers, digital cash, mobile wallets, and other alternative payment methods. “We The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile.

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Chilean proptech startup Houm raises $35M Series A to expand across LatAm

TechCrunch

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.

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SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.

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Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

TechCrunch

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. Also, the country has seen some of the lowest interest rates on record, which he said has fueled the development of the alternative assets industry. .

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

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.

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