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Ukrainian startup Zeely raises $1M for SMB growth app aimed at US, UK, Brazil, Mexico

TechCrunch

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.

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Plug raises $2.7M to make payment acceptance in Brazil less terrible

TechCrunch

In an interview, the startup described Brazil as a hostile market for payments, with a quarter of transactions failing and merchants paying a multiple of what they pay in other markets to process payments. Alex Vilhena says they take a 1% cut while saving teams up to 30% in processing fees and have processed over $230,000 to date.

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Flourish, a startup that aims to help banks engage and retain customers, raises $1.5M

TechCrunch

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). . In the U.S.,

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Brazilian digital auto marketplace InstaCarro revs up with $23M in funding

TechCrunch

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.

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Tuna raises $3M to address complexity of e-commerce payments in Latin America

TechCrunch

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.” In Brazil alone, e-commerce sales grew 73.88% in 2020, but Toledo said there was much room for improvement.

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VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

TechCrunch

We allow businesses to increase user acquisition, reduce onboarding dropoff, provide 360 customer support and even sell their services, with minimum tech requirements from their end,” said co-founder and Maite Muniz , who serves as the startup’s chief product officer and is a former McKinsey consultant.

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This UK startup has come up with a unique way to verify small businesses on WhatsApp

TechCrunch

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).

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