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VU raises $12M to remove cybersecurity friction from digital experiences

TechCrunch

The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB Lab and Telefónica. billion valuation. Globant provides software development to the likes of Google, Disney and Apple.

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Payments, lending and neobanks rule fintechs in emerging markets, report says

TechCrunch

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. Let’s dive in.

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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.

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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.,

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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. So if one-click checkout startups are struggling to make headway against incumbents in the single-currency, highly digitized and concentrated U.S.

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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. It takes anywhere from 12 to 18 months to launch a simple prepaid card, and unfortunately companies have to go through the painful experience of repeating the process in every market where they operate.”.

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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. billion in 2023. “In

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