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Giving Trends in Brazil: How Crowdfunding & Social Entrepreneurs Are Transforming the Nonprofit Sector

Nonprofit Tech for Good

An Interview with Ruy Fortini , Founder and CEO of Doare and official partner of the 2018 Global Trends in Giving Report. According to the Institute of Applied Economic Research , there are 820,000 existing NGOs, also know as ONGs (organizaciónes no gubernamentales), in Brazil.

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Housing startup QuintoAndar to open first technology hub outside Brazil in Portugal

TechCrunch

QuintoAndar is taking its first steps out of Brazil to open a technology hub in Lisbon, Portugal aimed at attracting technology talent across the pond. QuintoAndar currently had more than 150,000 properties and $89 billion in assets under management and operates in more than 40 cities across Brazil.

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With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B valuation

TechCrunch

Tiger Global and Coatue co-led the round, which also included participation from Paradigm, BOND & Valor Capital Group and existing backers QED, Pantera Capital and Kaszek. Bitso says its “global-minded” product offerings fit the needs of local customers in Mexico, Argentina and now Brazil, where it just launched its retail operations.

Global 100
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Slope takes in first capital with visions of being ‘Stripe for global B2B payments’

TechCrunch

Prior to the global pandemic, suppliers were extending net terms of 30 days to pay, but at that scale, it is hard to build up credit for small businesses, Murata told TechCrunch. Then with the global pandemic, the pace at which business-to-business payment was moving online was accelerating,” Murata told TechCrunch. trillion by 2028.

Global 100
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Tiger Global leads $25M investment into Swap, which aims to be ‘LatAm’s fintech factory’

TechCrunch

Swap , a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management. Endeavor, Tinder co-founder Justin Mateen, partners of DST Global, ONEVC, Global Founders Capital and Flourish Ventures all participated in the latest round.

Global 82
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Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

TechCrunch

At that time, CEO Ricardo Weder told TechCrunch that the company, which was founded in 2019, weathered the first year of the global pandemic well, seeing 2020 revenue increase 16-fold. The global pandemic helped a lot in terms of grocery adoption in Latin America,” he added. Image Credits: Jüsto.

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Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

TechCrunch

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Why global investors are flocking to back Latin American startups. In Argentina, it was granted a Mastercard and payments license.

Profile 96