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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.
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.
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.
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.
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.
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. .
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.
Alternative protein startup SIMULATE , known for its NUGGS and TENDERS, is introducing two new versions of its plant-based, simulated chicken product aimed at restaurants. Nuggs creator Simulate raises $50M. We last profiled SIMULATE back in 2021 when it raised $50 million in Series B funding , which valued the company at $260 million.
The company took in $260 million in Series B, just five months after raising $170 million in Series A funding that was led by GGV Capital, Balderton Capital and Tiger Global Management. We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July,” he said. Image Credits: JOKR.
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
To make the school more affordable, Henry looks to take on the same strategy used by Lambda School, a YC-graduate that has raised over $122 million in known funding: income-share agreements. Henry, alternatively, focuses on Spanish speakers, over 60% of its market in Latin America. Now, VCs are giving Henry some cash to do so.
However, the company went on to raise $260 million in December to become a billion-dollar company, and despite some growing pains, it seems like it has some believers and a business model that is working, at least for now. Brazil, Mexico, Colombia, Peru and Chile. million on $1.7 million of revenue, as of the end of July. It spent $2.3
Priyanka Srinivas is the co-founder and CEO of Live Green Co , a Chilean food tech startup that uses artificial intelligence to suggest plant-based alternatives for meat and artificial additives in food. Contributor. Share on Twitter. How can we better support women to grow their companies?
Uils is currently raising its second round funding round — totaling $1 million — through a simple agreement for future equity (SAFE), which grants the investors the right to purchase equity in the company at a future date. ” Image Credits: Uils. It values the startup at $7.5 is any indication.
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