TechCrunch

FEBRUARY 3, 2022

The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. . Bold, according to Vélez, provides low-cost payment terminals that enable businesses to accept link payments and other local payment methods with no monthly point-of-sale fees. .

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TechCrunch

JUNE 14, 2021

Brazil is a country riven with economic contradictions. Financial transactions that would take days to process in the United States through ACH happen instantaneously in Brazil. According to an HBS case study , “in December 2018 the interest rate in Brazil for corporate loans was 52.3%, for consumer loans it was 120.0%

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The Verge

JULY 12, 2021

Microsoft says it’s gone door-to-door replacing routers compromised with the Trickbot malware in Brazil and Latin America, hoping to squash an international hacking group. But Amy Hogan-Burney, general manager of Microsoft’s Digital Crimes Unit, told The Daily Beast that Trickbot remained a “continuing challenge.”

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The Verge

JANUARY 21, 2021

It already announced a program to pay publishers in Australia, Germany and Brazil back in June.). The Guardian reports that over a hundred local newspapers in Australia have had to lay off journalists and either shut down or stop printing as advertising revenue has fallen. Australia doesn’t seem to think that’s enough, though.

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Tech Soup

JULY 18, 2017

Now that TechSoup’s Local Impact Map has officially launched , let's discover one of great new organizations featured there. Our theme this month is educational nonprofits like The Luciano Bareto Júnior Institute in Brazil. Back to School in Brazil. Even in the U.S.,

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

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TechCrunch

SEPTEMBER 22, 2022

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. Latin America’s digital transformation is making up for lost time. Distinctively, Latin America has not suffered through this hangover from digital adoption.

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TechCrunch

FEBRUARY 24, 2021

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.

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TechCrunch

AUGUST 24, 2021

Last month, my colleagues Anna Heim and Alex Wilhelm found that structural factors such as strong digital penetration and quick e-commerce growth are among the key reasons Latin America is breaking venture capital records this year. Brazil and Mexico riding the gravy train.

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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

AUGUST 9, 2022

So far, the company partners with media buying and advertising agencies and works with over 100 local and multinational brands across Africa, the Middle East and South America in the automotive, healthcare and technology industries. Fergany also said Convertedin is eyeing South Africa and India too. “We

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TechCrunch

JUNE 7, 2022

Put simply, Kushki aims to help make it easier, cheaper and more secure for businesses across LatAm to send and receive/process digital payments. Specifically, it enables LatAm businesses to a ccept payments globally and receive money in their local currency. Europe, APAC and Brazil. billion. .

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TechCrunch

APRIL 20, 2022

At the time, Zubale was slightly different, looking to connect big corporations with workers to take on tasks, like market research to earn mobile phone credits or other kinds of digital rewards. million to put locals to work over their phones. Zubale, founded in Mexico City by two HBS grads, just raised $4.4

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TechCrunch

JANUARY 12, 2021

but also in France, Brazil, Singapore, Hong Kong, etc. And it turns out you need cash on your balance sheet in the Philippines if you want to get a license from the local regulator — it doesn’t matter if you have a ton of money sitting in your bank account in London. But we generate double-digit million dollars,” Pousaz told me.

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TechCrunch

MARCH 10, 2021

Andre Maciel, Gregory Reider and Milena Oliveira are the fund’s founding partners, and are based in Sao Paulo, Brazil. So far, it’s backed Uol Edtech, a subsidiary of Grupo Uol that aims to redefine the digital learning experience in Brazil. . “We He launched Volpe in 2019 primarily with SoftBank’s backing. .”

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TechCrunch

MAY 12, 2021

The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. Cards have an estimated payments volume of $900 billion per year, and yet 95% of these transactions are being processed by local incumbents, asserts Pomelo. Next, the caliber of Pomelo’s investors. incumbents.

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TechCrunch

OCTOBER 19, 2021

It does things like allow customers to launch products for cards and payments, digital banking, digital wallets and marketplaces. One year ago, the central bank [of Brazil] launched an instant payment solution. Pismo also claims to allow financial institutions to “take charge of their core data and use it intelligently.”

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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. Meanwhile, its number of active digital banking accounts climbed by 380% year-over-year.

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TechCrunch

JULY 21, 2021

It has also since completed “multiple” acquisitions of local brands operating across a variety of industries, such as beauty, fitness and home goods. It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.

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TechCrunch

SEPTEMBER 12, 2022

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. Local payment methods account for 68% of online sales, and, depending on the region and merchant networks, merchants must integrate dozens of payment service providers.

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TechCrunch

APRIL 8, 2022

Truora participated in Y Combinator’s Winter 2019 cohort and soon after expanded into digital identity and authentication technologies. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil. That March, it raised $3.5

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The Verge

DECEMBER 1, 2020

The social media giant says it’s already partnered with over a dozen publishers for the service including Guardian Media Group, Reach (who’s titles include the Daily Mirror , Daily Express , and local publications like the Manchester Evening News and the Liverpool Echo ), The Economist , and Wired and GQ publisher Conde Nast.

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TechCrunch

OCTOBER 12, 2022

It supports 10 digital assets, including Bitcoin, Ethereum, Solana, Polygon, Axie Infinity and USD-backed stablecoins USDC and USDT, and plans to expand to over 50 assets in the coming months. Afterward, they get a short lesson on the potential risks of investing in digital assets before choosing which ones they want to deposit or invest in.

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TechCrunch

OCTOBER 13, 2020

Operating as Nuvemshop in Brazil and Tiendanube in the rest of the region, the company has offices in São Paulo, Buenos Aires and Mexico City, with plans to expand into Colombia and Peru in 2021. Latin America’s digital transformation is making up for lost time. and managing director at Qualcomm Ventures Latin America.

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TechNode

MAY 24, 2024

Pedroso has worked in various capacities, from law to CFO roles, in Brazil and China. Pedroso expressed optimism about Latin Americas potential for growth in the venture capital sector, given the region’s favorable regulatory environment and increasing digitalization.

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TechCrunch

DECEMBER 2, 2021

Online grocery sales are in single digits right now, but new data suggests it will top 20% by 2026 due to more consumers getting comfortable buying their groceries this way over the past two years. Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A.

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NTEN

JUNE 24, 2013

Flickr: chotda This week''s Member Round Up draws from all corners of the sector in both region and topic, from the energy in the streets of Brazil to Facebook contests and assistive technology used by the Bridge School--see what the nptech community''s been up to! Check out a recap of the inaugural event of the new speaker series, inspire!,

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TechCrunch

MAY 4, 2021

Following Nubank’s strategy of launching a bank with colors that are very un-bank-like, signaling that they do things differently, alt.bank similarly launched its first financial product in 2019 — a fluorescent-yellow debit card which the locals have endearingly dubbed, “o amarelinho,” meaning, “the little yellow card.”.

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TechCrunch

DECEMBER 8, 2021

CEO Juan Gavito, who was previously in digital advertising, and Garay have backgrounds in private equity and venture capital, while Santiago Gavito was scaling startups. That has enabled Quinio to realize double-digit growth each month so far. E-commerce is expected to grow another 30% this year, Juan Gavito said.

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TechCrunch

JULY 21, 2022

Sixty-two percent of the sector is dominated by small and local last-mile providers,” he added. 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. This gives Treggo a total of $2.8

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TechCrunch

OCTOBER 5, 2021

Historically, Brazil and increasingly as of late Mexico, have received the bulk of venture dollars from venture investors. As the COVID-19 pandemic raged last year, the company launched Buk Starter, a free digital remuneration tool for companies with up to 20 employees. Image Credits: Buk. Buk also has a social good component.

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TechCrunch

JUNE 15, 2021

Founded in 2013 and based in São Paulo, Brazil, Nubank serves more than 34 million customers, making it Latin America’s largest neobank. AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country.

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TechCrunch

AUGUST 19, 2022

Five more that caught our eyes and ears: Culling card : Uni, India’s pay-later cards startup, plans to temporarily suspend its card services in the South Asian market following the local central bank’s guidelines on digital lending, Manish reports. Paul has more on how W4 plans to do that.

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TechCrunch

MAY 10, 2022

“BNPL will become a more popular POS option in 2022, not only across brick-and-mortar stores, but also in sectors like healthcare, where installment payments already exist but have not yet crossed the chasm to digital,” said Frances Schwiep, partner at Two Sigma Ventures. Melissa Guzy: BNPL companies vary by geography to fit the local market.

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TechCrunch

OCTOBER 19, 2021

Mexico repeatedly tops most innovative fintech hub lists, and neobank and digital wallet transactions are consistently increasing — during COVID lockdowns they rose by an estimated 80%. Not to mention, the Mexican population harbors both the talent and demand for fintech services. There are no signs that fintech in Mexico is slowing down.

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Tech Soup

MAY 31, 2013

TechSoup Asia Asia is a nonprofit collaborative venture between TechSoup Global and its local nonprofit organization partners, Connecting Up Australia and the Hong Kong Council of Social Service. VietNet-ICT’s vision is to narrow the digital divide by providing ICT access to poor people in Vietnam.

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TechCrunch

MAY 17, 2021

So to find out what the startup scene in Valencia looks like, we spoke with eight local investors, executives and founders. BIGBAN is a private nonprofit angel investor network based in Valencia, and incubators and accelerator programs continue to proliferate, supported by corporates and local government initiatives such as Startup Valencia.

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