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operations for Brazil-based Movile , a mobile platform for content and commerce. This is a step forward for the Good Law—which has already helped Brazil a lot—but private business and government need to start doing more to truly help launch Brazil’s mobile potential. Eduardo Henrique is the head of U.S.
As Gen Z turns into their early-to-mid 20s, a new generation of business owners is coming online. of businesses are micro-enterprises But although small businesses are generally considered to be the primary driver of new job growth, few have the technical capability to spin up decent branding and an online presence.
Its more than 300 clients include 10 unicorns, two out of the three biggest banks in Brazil and companies such as iFood, Claro, Cielo, Loggi, Ebanx, QuintoAndar and OLX, among others. Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions. Its investors are, naturally, bullish.
Also participating in the round were Xochi Ventures, First Check Ventures, Magma Capital and GV Angels as well as strategic angels including Rodrigo Xavier (former Bank of America CEO in Brazil), Beth Stelluto (formerly of Schwab), Gustavo Lasala (president and CEO of The People Fund) and Brian Requarth (founder of Viva Real). .
Buying and selling residential real estate is a complex business, no matter where you live. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. This morning, digital real estate platform Loft announced it has closed on $425 million in Series D funding led by New York-based D1 Capital Partners.
Andrea Boetti is a Business Development Manager at Fortumo, helping web and app developers and digital content merchants build out their monetization strategies for emerging markets. Yet many of the big digital content distribution platforms like Pandora and Netflix are not available in countries like Brazil, Turkey and India (Spotify just.
PicPay operates largely as a financial services platform that includes a credit card, a digital wallet similar to that of Apple Pay, a Venmo-style P2P payments element, e-commerce and social networking features. “We million to social projects in Brazil. The company plans to list on the Nasdaq under the ticker symbol PICS.
Digibee , a low-code integration platform, is doing what all low-code integration platforms are apparently doing right now: raising funding. Brazil-based Kinea and G2D Investments also participated in this round. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund.
OctoML , a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project , today announced that it has raised a $28 million Series B funding round led by Addition. Image Credits: OctoML.
Fintech Brex first partnered with Weav , a developer of a universal API for commerce platforms, last summer. Besides expanding its global reach, the technology that Brex is acquiring will help accelerate the fintech’s connectivity of its platform, Dubugras said. to knit together a universal API for commerce platforms.
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil. It recently closed a $1.4
That’s just tiny fraction of the $125 million that online events platform Hopin raised last fall — in fact, a recent Equity episode suggested that Hopin might be the fastest growth story of the current startup era. “We don’t intend to compete with platforms in the B2C market.”
InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. InstaCarro plans to use its new capital in part to capitalize on the shift and “aggressively” expand its reach within Brazil. The pandemic forced us to reinvent our business model.
South Korean startup Tridge wants to address the issue via its online trade platform that matches global food agriculture buyers and sellers. The platform helps from research to ordering and enables buyers to source their food and agriculture items at reasonable prices in more than 150 countries. Tridge, which posted less than $7.4
It would appear that OpenAI’s Chat GPT allying with Bing will not be the only threat to Google’s search business model in the future. With its release of WhatsApp Business app (WAB), Meta is effectively building a sort of rival search engine to Google to keep us all inside the app. While this may not trouble U.S. per month).
Pipo Saude , a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding. Nubank co-founder and CEO David Velez and Cedar co-founder and CEO Florian Otto (and former CEO of Groupon in Brazil) also joined in the round. Pipo Saude raises $4.6
São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. 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. The proof is in the numbers.
Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.” It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce.
Founded in August 2018, Truora was originally focused on background checks for gigster platforms. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil. He said Truora can integrate into any of a company’s products in “less than two weeks.”
Today, a startup that has built a platform that helps them produce and monetize their work is announcing a big round of funding that underscores just how lucrative and big the creator economy has become. “The pandemic had a massive impact on our business,” Hirsch said in an emailed interview with me. million people.
Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. Ribbit Capital Partner Nick Huber said Quintoandar has over the years built “a unique and trusted brand in Brazil” for those looking for a place to call home.
Among its customers are European spend-management platform Moss , U.S. payments processing company North American Bancard , and Brazil’s Banco do Brasil Americas. ” Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M by Paul Sawers originally published on TechCrunch
The latest such neobank to emerge is New York-based Daylight , which describes itself as the first LGBTQ+ digital banking platform in the United States. There is a digital bank in Brazil with a similar mission called Pride Bank ). Which neobanks will rise or fall? Others that have emerged include Greenwood , First Boulevard and Cheese.
Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. Bitso’s mission, put simply, is to build next-generation borderless financial services for consumers and businesses alike. The news caught our attention for several reasons. Image Credits: Bitso.
Over the last five years, Brazil has witnessed a startup boom. Many people are unaware that Brazil has the largest Black population in any country outside of Africa. As with counterparts in the United States, Brazil’s Black founders have less access to capital. Like counterparts in the U.S.
Amazon is aiming to support small businesses on its platform by incentivizing customers to buy from them in the run-up to Prime Day. Starting today until October 12th, Prime members will receive a $10 credit usable on Prime Day by spending $10 at certain small businesses on Amazon.
Childhood friends David Grandes and Andres Andrade, both originally from Ecuador, started Mimic in 2018 in Brazil as a dark kitchen-as-a-service, specializing in producing food at scale with online channel sales. Meanwhile, Grandes says there are 1 million restaurants in Brazil, which presents a big opportunity to go downstream.
Twitter has since announced two new teams dedicated to accessibility, on September 2nd : one promoting accessibility within Twitter’s products, and one focusing on accessibility for Twitter as a business. And as part of that announcement, Twitter said it’s planning to add automated captions to audio and video on the platform by “early 2021.”.
Keeping a small sales business afloat in Latin America can involve long bus trips to find new products, lack of working capital and payment difficulties. We saw a huge opportunity to help people make a great business,” Ballardie told TechCrunch. ZAX’s addressable market for B2B transactions, just in Brazil, is estimated to be BRL 2.4
Divibank , a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing.
Which is why I’m hoping that this is the year that a back channeling social media platform actually takes off. We finally get a trustworthy platform in which back channeling can occur in an accessible and fair way. GoFundMe gets Classy (literally) with acquisition of nonprofit giving platform. A word on Wordle. Have friends.
Nuvemshop (also known as Tiendanube in Spanish speaking countries) aims to give entrepreneurs a way to build and grow online businesses. Virtually every KPI tripled in the company in 2020 as the world saw a massive transition to online, and Nuvemshop’s platform was home to 14 million transactions last year, according to Sosa.
Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. Privy: online advertising for small/medium-sized businesses. UniPay: mobile payment platform in Brazil.
RecargaPay , a Brazil-based fintech that allows users to top off their prepaid cell phones online, announced this morning that they’ve closed their $70 million Series C. The company, which operates solely in Brazil, was launched in 2010 by Miami-based serial entrepreneur Rodrigo Teijeiro, who is co-founder and CEO. . Unlike in the U.S.
The company, in a statement, said it plans to utilize the funds for strategic hiring and further development of its platform. This was the main idea at this time as we saw a huge problem where there was no analytics platform for the offline store or a retargeting mechanism.”.
Here’s how small businesses can leverage Instagram’s hidden likes. . The company first tested the update in Brazil, Canada, Ireland, and Italy. Understandably, the pandemic crisis is taking a toll on small businesses and hitting ROI hard. So why is this Feature Going to Help Small Businesses?
Leonardo Lanna is head of payment products at Monkey Exchange , a Brazilian marketplace startup that enables sellers to offer receivables from sales in a single platform to many buyers at once, receiving the best price with low effort. Something strange is afoot in Brazil, and it promises great changes for how merchants get paid.
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds. At the time, Loft was valued at $2.2
Enabling AI in the supply chain empowers organizations to make decisions with confidence, adjust business practices quickly, and outpace the competition. AI enables manufacturers and retailers to innovate across their operations and maximize business impact. Senior Business Development Manager, Latin America, Lenovo Brazil.
Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. Historically, Brazil and increasingly as of late Mexico, have received the bulk of venture dollars from venture investors.
The round was co-led by Brazil-based Echo Capital and Oria Capital , with participation from TPG Capital , Argonautic Ventures , and others. Talking to TechCrunch, Balbinot explained that the startup plans to use the proceeds to boost the digitization arm of its business, for which it sees a strong need across Latin America.
Arena founder Paulo Martins grew up in Brazil playing video games, an industry that thrives on building communities among the players. Later, he came to the U.S., where he was an early employee at Hulu, helping the streaming TV service grow to over 7 million subscribers and $1 billion in revenue.
In 2020, 28,000 students across Latin America used its platform. The company projects that more than 43,000 will take courses via its platform in 2021. Fifty percent of its business comes out of Brazil, 30% from Argentina and the remaining 20% in the rest of Latin America. Digital House CEO and co-founder Nelson Duboscq.
The most innovative companies in agriculture for 2025 include forward-thinking businesses and nonprofits with at least one eye firmly on this future. McCain recruited ClimateAi in 2023, once the spud grower began worrying in earnest if it will have a viable potato business in 10 years.
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