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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

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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Why global investors are flocking to back Latin American startups

TechCrunch

Firms such as SoftBank, Tiger Global Management, Tencent, Accel, Ribbit Capital and QED Investors are pouring money into LatAm. ” Local VCs are raving about the human capital in the region, but for some global investors, the appeal of Latin America extends beyond the talent to the general populace. .”

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#NGOtech19: A 24-Hour Twitter Takeover for NGOs WorldWide

Nonprofit Tech for Good

Join Nonprofit Tech for Good, Funraise , and the 2019 Global NGO Technology Report partners for a 24-hour Twitter Takeover on September 26! 11am IST (Dublin): Digital Charity Lab (Ireland). 10am BRT (Rio de Janeiro): Doare (Brazil). The 2019 Global NGO Technology Report will be released September 16! Save the Date!

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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. The raise brings Digital House’s total funding raised to more than $80 million since its 2016 inception. Digital House CEO and co-founder Nelson Duboscq.

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Digital restaurant startup Zak orders up new capital on mission to be ‘Toast of LatAm’

TechCrunch

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. “It

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Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks

TechCrunch

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. In fact, Tiger Global and Tencent are first-time backers in Cora with this latest round, joining existing investors Greenoaks, Kaszek, QED and Ribbit Capital. million since its 2019 inception.

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Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda

TechCrunch

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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