Remove Argentina Remove Digital Remove Local
article thumbnail

Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

TechCrunch

Digital House , a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding. Riverwood Capital, a Menlo Park-based private equity firm, and existing backer early-stage Argentina-based venture firm Kaszek also participated in the financing.

Digital 90
article thumbnail

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

London-based Kodland , which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9 million Series A funding round to scale into more markets. Ireland, the U.S.,

Teach 99
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

TechCrunch

The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. Cards have an estimated payments volume of $900 billion per year, and yet 95% of these transactions are being processed by local incumbents, asserts Pomelo. Next, the caliber of Pomelo’s investors.

Build 107
article thumbnail

5 investors explain why Latin America is poised to weather the crypto winter

TechCrunch

Indeed, Argentina is a good example of a country where alternatives to fiat currency are looking more attractive, as buying U.S. But after Argentina’s economy minister abruptly resigned earlier this month, the informal “blue dollar” exchange rate reached a record 273 Argentine pesos for 1 dollar.

America 88
article thumbnail

Treggo, armed with new funds, takes on crowded Latin American last-mile delivery sector

TechCrunch

Treggo , an Argentina-based company, is among companies like 99 Minutos , Cubbo and Cargamos tackling the last-mile deliveries. In Treggo’s case, developing technology to make urban shipments in Argentina, Mexico and Chile easier and for merchants of any size can provide an Amazon-like service for their customers.

article thumbnail

Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020.

Raise 108
article thumbnail

For LatAm payment orchestration startups, market fragmentation is a blessing in disguise

TechCrunch

Only 19% of Latin American adults own a credit card, and 70% of credit cards in Brazil, Argentina and Chile can’t be used internationally. Local payment methods account for 68% of online sales, and, depending on the region and merchant networks, merchants must integrate dozens of payment service providers.