TechCrunch

SEPTEMBER 22, 2021

Julio Vasconcellos is the managing partner of Atlantico , a venture capital fund focused on Latin America. He was previously the founder of Canary and Peixe Urbano, and was Facebook’s first employee in Brazil. Latin America’s digital transformation is making up for lost time. Share on Twitter. in 2021 from 2.3%

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TechCrunch

JUNE 30, 2021

Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. 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 ).

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TechCrunch

JULY 28, 2021

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

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TechCrunch

JUNE 1, 2021

GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million. The more digitized companies become, the more client expectations grow — and market competition grows stronger,” Ando said. Image Credits: idwall. ”

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TechCrunch

APRIL 28, 2021

Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. It is currently focused on Mexico, Brazil, Argentina and Chile. Latin America’s digital transformation is making up for lost time.

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TechCrunch

APRIL 3, 2023

Kaszek Ventures , one of Latin America’s first venture firms, has raised $975 million across two funds. Specifically, the São Paulo-based firm has closed on Kaszek Ventures VI, a $540 million early-stage fund and Kaszek Ventures Opportunity-III (KVO-III), a $435 million vehicle for later stage investments. billion in capital.

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. Brazil, Pakistan, and the Philippines. ” More than 1.5

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TechCrunch

MAY 17, 2021

Digital banks have enormous potential in the region. Today, a newly launched one, Telda is announcing a $5 million pre-seed round to digitize how Egyptians save, send, and spend money. However, a fter his experience using N26 while visiting a friend in Berlin in 2015, his eyes opened to the possibilities of digital banking in Egypt.

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TechCrunch

MARCH 23, 2021

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. Latin America’s digital transformation is making up for lost time.

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TechCrunch

AUGUST 30, 2021

Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) in a funding round led by Riverwood Capital. Currently it is only available in a few cities in Brazil, such as São Paulo and Belo Horizonte. .

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TechCrunch

OCTOBER 15, 2020

Over the last five years, Brazil has witnessed a startup boom. The main startups hubs in the country have traditionally been São Paulo and Belo Horizonte, but now a new wave of cities are building their own thriving local startup ecosystems, including Recife with Porto Digital hub and Florianópolis with Acate.

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TechCrunch

DECEMBER 15, 2021

million in seed funding backed by a group including American Designer and Rachel Zoe, who is both an investor and advisor to the New York-based company. We also have multiple APIs to sync and digitalize inventory to create a product catalogue.”. Focused on sourcing hard-to-find items, the app launch is buoyed by $3.5

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TechCrunch

MAY 12, 2022

The latest such company in Latin America is São Paulo-based Dock , which operates a full-stack payments and digital banking “platform” across the region, where demand for financial infrastructure that can help boost inclusion is massive. The startup has raised $110 million in a growth funding round led by U.K.-based

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TechCrunch

FEBRUARY 11, 2021

The company, based in Bogotá, Colombia and currently sporting a team of 13, is working to bring digital transformation to the smallest of enterprises: namely single-operator small stores. By offering what is, for many users, their first digital tool, Trenita is helping many small companies stay afloat.

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TechCrunch

JUNE 14, 2021

He’d brought on two co-founders, assembled ambitious engineering and operations teams, raised $2 million in seed funding from Sequoia and Kaszek, rented a tiny office in São Paulo, and was armed with a mission to deliver the kind of banking services that customers in a market as large and lucrative as Brazil’s should expect.

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TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. Founded by brothers Gustavo and Mauricio Chamati in 2013, Mercado Bitcoin was the first crypto exchange in Brazil. billion, ranking it among the top 10 unicorns in Latin America. .

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TechCrunch

AUGUST 20, 2021

This year, QuintoAndar expanded operations into 14 new cities in Brazil. Its rental platform is live in 40 cities across Brazil, while its home-buying marketplace is live in four (São Paulo, Rio de Janeiro, Belo Horizonte and Porto Alegre) and seeing more than 10,000 sales in annualized terms.

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TechCrunch

MAY 6, 2021

Well, a report released today by data research organization Briter Bridges and global inclusive tech accelerator Catalyst Fund is punching above its weight to offer a holistic representation to the darling sector of these three markets: fintech. Image Credits: Briter Bridges & Catalyst Fund. Such a task is Herculean.

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TechCrunch

FEBRUARY 3, 2022

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .

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TechCrunch

DECEMBER 23, 2021

The round was co-led by Brazil-based Echo Capital and Oria Capital , with participation from TPG Capital , Argonautic Ventures , and others. According to the company, it has raised R$360 million in equity funding to date. In contrast, it is currently present on 1,500 building sites across Brazil. C commitment.

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TechCrunch

OCTOBER 27, 2021

billion in capital, with investors such as Sequoia Capital, Tencent, Ribbit Capital, Kaszek, QED Investors and others, At that time, Nu had 40 million users across Brazil, Mexico and Colombia. Its sheer number of users makes Nubank the largest digital bank in the world in terms of customers. Since its 2013 inception, Nu has raised $2.3

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TechCrunch

APRIL 22, 2021

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. Now, today, São Paulo-based Loft has announced an extension to that round with the closing of $100 million in additional funding that values the company at $2.9

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TechCrunch

APRIL 5, 2021

Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team. Last year, Cora got its license approved from the Central Bank of Brazil, making it a 403 bank. With the checking account, customers have the ability to sending and receive money as well as pay bills digitally.

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TechCrunch

SEPTEMBER 14, 2021

Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. billion in 48 companies with a fair value of $6.9

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TechCrunch

SEPTEMBER 22, 2022

Julio Vasconcellos is the managing partner of Atlantico , a venture capital fund focused on Latin America. He was previously the founder of Canary and Peixe Urbano, and was Facebook’s first employee in Brazil. Latin America’s second wave of digital transformation. versus Brazil. More posts by this contributor.

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TechCrunch

JULY 21, 2022

With everyone trying to break into this sector, the company decided to shift its focus to digitize the delivery process so that all merchants can have SaaS-like tools to improve their operations. Lonardi says the company attempted to go after funding early on but noted that the angel investor landscape was not as prevalent six years ago.

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TechCrunch

OCTOBER 5, 2021

This caught the attention of second-time entrepreneurs Bruno Ballardie and Fernando Zanatta, who started ZAX in 2019 to develop a platform that unites freight, delivery and payments tools to connect sellers and buyers in Brazil. ZAX’s addressable market for B2B transactions, just in Brazil, is estimated to be BRL 2.4 trillion, or $445.6

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TechCrunch

MAY 26, 2022

OlaClick, a young startup that is helping these restaurants sell online and collect money digitally, announced on Thursday it has received backing from scores of investors, including Gradient, Meta and Delivery Hero. Gradient Ventures, Google’s AI fund, led OlaClick’s $4.4 million seed financing round.

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TechCrunch

MAY 27, 2021

Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. And today, the São Paulo-based proptech has announced it has closed on $300 million in a Series E round of funding that values it at an impressive $4 billion.

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TechCrunch

MAY 12, 2021

million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). For now, Divibank is focused on Brazil, considering the country is huge and has more than 11 million SMEs “with many growth opportunities to explore,” according to Taboada. Clearbanc rebrands its way into a unicorn. “We

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TechCrunch

MAY 19, 2022

When Pedro Conrade started Brazilian digital bank Neon in 2016, he was a 23-year-old business school student who was frustrated with the service and costs associated with traditional banking in his country. “I Conrade claims that Neon was the first digital bank in Brazil to not charge any fees — monthly or transaction, or otherwise. .

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TechCrunch

JANUARY 12, 2021

Just a year later, Checkout.com added $150 million in funding at a $5.5 Checkout.com is now valued at $15 billion based on today’s funding round. but also in France, Brazil, Singapore, Hong Kong, etc. But we generate double-digit million dollars,” Pousaz told me. Checkout.com had 440 employees in January 2020.

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TechCrunch

MARCH 22, 2021

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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TechCrunch

MARCH 10, 2021

They’re also investing in funds. Today, Volpe Capital announced the $80 million first close of its fund targeting high growth technology investments in Latin America. Andre Maciel, Gregory Reider and Milena Oliveira are the fund’s founding partners, and are based in Sao Paulo, Brazil.

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TechCrunch

DECEMBER 9, 2021

Merama , which acquires or launches Latin American digital brands, hit a $1.2 It also comes a day after fellow LatAm e-commerce aggregator Quinio announced $20 million in initial funding to acquire some 30 companies. Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab. billion in 2023.

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TechCrunch

AUGUST 4, 2022

The financing marks the company’s first ever institutional funding. The pandemic accelerated the use of digital payment solutions globally, but especially in Latin America, noted Núñez Castro. Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital.

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