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. The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception.

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TechCrunch

MAY 5, 2021

Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. In particular, its growth in Brazil is increasing exponentially.

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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. Maciel said the fund’s raise was “significantly oversubscribed with firm commitments” and believed to be “ among the best capital raises for a first-time fund in its asset class in Latin America.”

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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

MARCH 25, 2021

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. Riverwood has an office in São Paulo).

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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

MAY 12, 2021

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. 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. This round caught our eye for a few other reasons.

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TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. The three-year-old Egypt-headquartered company also has offices in Saudi Arabia and Brazil; it just recently opened one in the latter.

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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

OCTOBER 13, 2020

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Wind Ventures gears up to invest in startups looking at Latin America.

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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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TechCrunch

AUGUST 30, 2021

For good reason, too: Startups have raised $9.3 People often ask me: How are consumers different in Brazil? Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. However, much of this investment comes from local and regional investors.

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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

APRIL 20, 2022

Their vision is to connect people who have a smartphone with ways to earn income and raise their quality of life. We first connected with the pair back in 2019 when they had raised $4.4 Zubale, founded in Mexico City by two HBS grads, just raised $4.4 million to put locals to work over their phones.

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The Verge

MAY 17, 2021

Most countries outside of the US will be getting lower prices that will be localized to their specific country, starting with Turkey and Mexico on May 20th. Twitch plans to bring localized pricing to “most countries in Asia, Latin America, the Middle East, Africa, and Europe starting in Q3 2021,” according to Twitch’s blog.

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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. In fact, he noted that in Colombia, cash still represents over 80% of transaction volume versus 35% in Brazil and 30% in the United States.

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TechCrunch

OCTOBER 21, 2021

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. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.

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TechCrunch

MARCH 9, 2022

Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, has raised $6 million in a funding round co-led by Canary and Caffeinated Capital. It’s teaming up with local merchants, who not only serve as a pickup point, but help provide awareness about Mara’s service. .

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TechCrunch

AUGUST 31, 2021

Quiet Capital, Preface Ventures, FJ Labs, AforeVC and K50 Ventures also put money in the latest round, which brings Osana’s total raised over its lifetime to $26.5 Most software vendors are small or medium-sized local vendors, who have not crossed into other Latin American geographies, Taneja pointed out.

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TechCrunch

OCTOBER 5, 2021

Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.

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TechCrunch

JUNE 7, 2022

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Europe, APAC and Brazil.

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Beth's Blog: How Nonprofits Can Use Social Media

DECEMBER 21, 2012

Growing up, my kids have posed for photos in t-shirts , emptied their piggy banks , helped me make fundraising videos , contributed clothing or other items to drives at school, and have attended lots of fund raising events. Let Your Kids Choose: Get a gift card from Razoo and let your kids tell you how to spend it.

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TechCrunch

AUGUST 20, 2021

” What does Brazil’s new receivables regulation mean for fintechs? As its startup market accelerates, Brazil could be in for an IPO bonanza. The IPO market in Brazil is changing,” they write. TechCrunch noted last year that in the decade leading up to 2020, just two of the 56 IPOs in Brazil were technology companies.

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TechCrunch

APRIL 8, 2022

T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil.

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TechCrunch

OCTOBER 19, 2021

And today, the startup announced it has raised $108 million in a Series B funding round led by SoftBank. With the latest raise, Pismo has now raised a total of $118 million in funding. One year ago, the central bank [of Brazil] launched an instant payment solution.

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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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Fast Company Tech

MARCH 18, 2025

Success in Mexico would require working closely with local agave producers, the company added, since it would need their decades of experience to understand how the plant could hold carbon for a six- to seven-year growth cycle. A syngas is also produced that cleverly powers the equipment itself.

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TechCrunch

DECEMBER 2, 2021

The company took in $260 million in Series B, just five months after raising $170 million in Series A funding that was led by GGV Capital, Balderton Capital and Tiger Global Management. We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July,” he said. Image Credits: JOKR.

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TechCrunch

JUNE 14, 2021

Given the occasionally hostile reaction of most incumbent banks to their customers in Brazil, Nubank’s starkly contrasting openness and transparency has garnered a huge following. Raised to be a doer. Unlike her co-founders Velez and Wible, Junqueira grew up in Nubank’s home market of Brazil. As popular as Disney.

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TechCrunch

JUNE 2, 2021

JOKR , founded by Ralf Wenzel (the same guy who founded Foodpanda, which later merged with Delivery Hero), promises delivery in 15 minutes or less, with no order minimums, and a selection of products that you might find in the local deli or convenience store. It’s unclear how much the startup has raised.

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TechCrunch

MARCH 7, 2022

Procuring items to fill the shelves of local stores is not an easy task in Latin America. What does Brazil’s new receivables regulation mean for fintechs? million round in late 2021 led by Picus Capital, after initially raising $550,000 in a round led by Canary. Image Credits: Cayena.

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TechCrunch

OCTOBER 12, 2022

The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. In some countries where Pillow has partnered with local, compliant on-ramp service providers, users can also buy crypto with their local fiat currency.

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TechCrunch

MAY 12, 2022

The startup has raised $110 million in a growth funding round led by U.K.-based The company raised $170 million in 2020 in a round led by Viking Capital after landing an undisclosed amount from Visa Ventures in 2018. Outside of Brazil, it has operations in Mexico, Peru, Chile, Colombia, Argentina, Ecuador and the Dominican Republic.

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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. When they wanted to start operations in Mexico in 2020, the company decided to try again and was successful in raising $600,000 from a family office with ties to the logistics sector and then another $500,000 last December.

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TechCrunch

JUNE 22, 2022

At the same time, Stambolis said it was pretty clear that more developed ecosystems such as Silicon Valley didn’t care much about meeting struggling regions’ local health and development targets. Zenysis — which raised a $2.8 “What I saw after a while was a missing pillar there, and that was technology innovation,” he said. .

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Fast Company Tech

MARCH 3, 2025

Catherine Bashiama runs her fingers along the branches of the coffee tree she’s raised from a seedling, searching anxiously for its first fruit buds since she planted it three years ago. Experts say estimates from drought-stricken Brazil, the world’s top coffee grower, are that this year’s harvest could be down by some 12%.

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TechCrunch

SEPTEMBER 8, 2022

I just gotta vent for a moment : Smart vent startup Flair raises a $7.6 A rose by any other name : Instacart is in a buying mood again and announced its intention to acquire Rosie to offer new e-commerce tools for local and independent retailers, Aisha reports. million Series A to decarbonize buildings, Tim reports. Carly has more. .

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