TechCrunch

MARCH 4, 2021

Also participating in the round were Xochi Ventures, First Check Ventures, Magma Capital and GV Angels as well as strategic angels including Rodrigo Xavier (former Bank of America CEO in Brazil), Beth Stelluto (formerly of Schwab), Gustavo Lasala (president and CEO of The People Fund) and Brian Requarth (founder of Viva Real). .

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Bolivia Brazil Raise America 120

TechCrunch

JANUARY 26, 2023

Hawk AI , a German company developing anti-money laundering (AML) and tangential fraud prevention smarts for financial institutions, has raised $17 million in a Series B round of funding. payments processing company North American Bancard , and Brazil’s Banco do Brasil Americas.

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Money Platform Raise Oracle 96

The Verge

MAY 17, 2021

Those lower prices will mean less money for streamers, but Twitch believes they’ll translate to more subscribers and higher earnings in the long run. And early tests from Twitch seem promising: the company tested localized pricing in Brazil and saw that streamer revenue and total subscriber count “more than doubled,” according to a blog post.

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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. Why raise more money so soon?

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TechCrunch

JULY 28, 2021

(Although, notably, Thrive has also put money in Nubank and Loft.). 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. million to bring healthcare benefits management services to Brazil. Pipo Saude had raised $4.6 Pipo Saude raises $4.6

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TechCrunch

APRIL 7, 2021

Kavak recently soft-launched in Brazil, and this new round of funding will be used to build out the Brazilian market and beyond, said Carlos García Ottati, Kavak’s CEO and co-founder. It took me six months to buy the car, and then the car had legal and mechanical issues and I lost most of my money,” he said.

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Brazil Mexico Argentina Raise 97

TechSpot

JANUARY 29, 2021

Right now, only Android users in the UK, Brazil, Ireland, and France can access real-money gambling apps on the Play Store. According to 9to5Google, this will change on March 1 when they’ll be permitted in 15 new locations: Australia, Belgium, Canada, Colombia, Denmark, Finland, Germany, Japan, Mexico, New Zealand, Norway,

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TechCrunch

JUNE 1, 2021

Unlike many other fintechs in Latam that are out to help the unbanked, Kushki works behind the scenes building the tech infrastructure that companies like Nubank use to transfer money. We realized there was a gigantic opportunity to democratize and create infrastructure to move money,” Schwarzkopf told TechCrunch.

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The Verge

DECEMBER 9, 2021

WhatsApp has launched a new pilot that lets a “limited number” of people in the US send and receive money from within a chat using cryptocurrency. Starting today, a limited number of people in the US will be able to send and receive money using Novi on @WhatsApp , making sending money to family and friends as easy as sending a message.

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Nonprofit Tech for Good

FEBRUARY 12, 2025

35% of nonprofits raised more money than they expected while 23% raised less. 10% of nonprofits raised more money than they expected from Instagram Fundraising Tools while 57% raised less. Backlinko ] The countries with the highest number of Bluesky users are the United States, Japan, and Brazil.[ compared to $49.28

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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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The Next Web

OCTOBER 10, 2013

and Canada, while the “South” is Latin America including Mexico and Brazil. We need to understand that the consumers in the South not only have different tastes than their peers north of the Mexican border, but they have less money to spend and will spend their money in a different behavior. trillion economy. $15 and Canada.

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TechCrunch

JULY 8, 2021

In its early days, Z1 is focused on Brazil but the startup has plans to expand into other countries in Latin America over time. “Z1 We want to grow with him and one day, be the biggest bank in Brazil and LatAm.” . the founders agree that its products have been adapted more to the Brazil-specific cultural and market situation.

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TechCrunch

AUGUST 24, 2021

Last year, Cora got its license approved from the Central Bank of Brazil, making it a 403 bank. Credit limits in general increase as customers use their accounts to receive money and pay their expenses,” he said. “We For now, the company is focused on growing in Brazil, which is large and complex enough, Senra noted.

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TechCrunch

MAY 28, 2021

But in markets like Brazil, the idea is still considered relatively novel. Senior executives from Robinhood, Stripe, Wise, Carta and Capital One also put money in the round. Justos aims to improve the whole auto insurance process in Brazil by measuring the way people drive to help price their insurance policies. Here in the U.S.

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TechCrunch

AUGUST 30, 2021

People often ask me: How are consumers different in Brazil? VCs have more money than ever, and it’s getting increasingly expensive to invest in North America. These incoming investors must bring more than money to ensure that entrepreneurship continues to grow in a healthy manner, rather than set it off balance.

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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

AUGUST 17, 2021

Something strange is afoot in Brazil, and it promises great changes for how merchants get paid. But first, some background: Unlike in the rest of the world, when a credit card is used for payment in Brazil, the merchant does not receive the funds owed to them all at once.

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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. Ribbit Capital Partner Nick Huber said Quintoandar has over the years built “a unique and trusted brand in Brazil” for those looking for a place to call home.

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The Verge

SEPTEMBER 27, 2020

The event is usually a big money-maker for the company — analysts estimated that Amazon sold more than $6 billion worth of products. The company is also committing to spending more than $100 million to promote small business through Prime Day and the holiday season. We’ll be covering all the best Prime Day deals right here at The Verge.

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TechCrunch

AUGUST 2, 2021

The 220 aircraft would fly as part of a new, co-branded airline network that would operate in Brazil. Azul said in a statement it would “support Lilium with the necessary regulatory approval processes in Brazil” as part of the agreement. The merger may be necessary for the company’s continued operations.

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TechCrunch

NOVEMBER 16, 2021

And now, sources close to the company say Facily is raising even more money that would push its valuation to north of $1 billion. Facily claims that its app is now one of the top three most downloaded in Brazil, one of the fastest-growing apps in the country (according to App Annie) and the fastest-growing e-commerce food app globally ever.

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Brazil Raise Social America 99

TechCrunch

JANUARY 12, 2021

And yet, the company needs a lot of money in its bank account to expand to more countries. but also in France, Brazil, Singapore, Hong Kong, etc. But why do investors want to hand over more and more money? “At While Checkout.com didn’t actually need to raise to stay alive, Pousaz says VC firms are a form of validation.

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The Verge

DECEMBER 2, 2020

Spotify says Anchor’s top five markets in 2020, by total number of shows, were the US, Brazil, Indonesia, Mexico, and Great Britain. Meanwhile, the fastest-growing markets, looking at the average monthly increase in new shows, are India, Mexico, Brazil, Argentina, and Indonesia.

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TechCrunch

MARCH 22, 2021

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. In Brazil, it grew 40% last year but is still underpenetrated, representing less than 10% of retail sales. Nuvemshop currently operates in Mexico, Brazil and Argentina.

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TechCrunch

APRIL 22, 2021

Individuals also put money in the extension, including the founders of Better (Zach Frenkel), GoPuff, Instacart, Kavak and Sweetgreen. valuation in one of Brazil’s largest venture rounds. In 2020, Loft also entered the mortgage business by acquiring one of the largest mortgage brokerage businesses in Brazil.

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TechCrunch

MAY 19, 2022

He founded Neon specifically with the mission of decreasing inequality in Brazil, which is known for having a large gap between the wealthier members of its population and lower income residents. Conrade claims that Neon was the first digital bank in Brazil to not charge any fees — monthly or transaction, or otherwise. . “We

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The Verge

MAY 12, 2021

Humble Bundle is launching a new bundle to raise money for COVID-19 relief in India and Brazil, which have recently seen a surge in COVID-19 cases. Some of what’s in the Humble Heal: COVID-19 Bundle. Image: Humble Bundle.

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Money Raise Game Brazil 56

TechCrunch

OCTOBER 28, 2021

Swap operates in its home country of Brazil, and is looking to use its capital to expand the use cases it serves there. It is currently working with 15 customers such as Swile, Portão 3, Z1, BMP Money Plus and A55. . The company aims to specialize by segment, from a market and a technological perspective. . “We

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TechCrunch

OCTOBER 26, 2021

Steadfast Capital Management, Insight Partners and Redpoint eventures also put money in the round. The San Francisco-based company declined to reveal at what valuation the money was raised, saying only it is “close to unicorn status.”. Since it originated in Brazil, it already has strong brand visibility in the country.

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Tools Management Raise San Francisco 99

The Verge

SEPTEMBER 16, 2021

WhatsApp is piloting a new business directory in São Paulo, Brazil that lets users find local shops and services with a presence on the app, the service’s head Will Cathcart has announced. Although the pilot is limited to one city in Brazil for now, Idema said that India and Indonesia were among the candidates for expansion in the future.

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TechCrunch

MARCH 10, 2021

Global investors are not only pouring money into companies. 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

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Raise Brazil America Fund 82

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. “In Brazil, Instagram is very popular, too, so many restaurants are using Instagram as a channel with us,” he said.

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TechCrunch

AUGUST 20, 2021

The pandemic failed to slow the momentum of venture capitalists pouring money into startups, but Chicago stands out as an “outlying benefactor of accelerating venture capital activity and the rise of remote investing,” Alex Wilhelm and Anna Heim write for The Exchange. As its startup market accelerates, Brazil could be in for an IPO bonanza.

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TechCrunch

DECEMBER 15, 2021

For decades, Brazil has had a huge credit problem. To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. Existing backers Raiz Investimentos, IFC and LTS also put money in the round. .

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Open Brazil Raise America 80

TechCrunch

DECEMBER 8, 2020

“When your mission is to build the biggest bank in Mexico, you will need a ton of money,” said albo founder Angel Sahagún. ” Sahagún said the money will be used to expand into lending and insurance products the range of services albo offers. .

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Challenge Mexico Raise Brazil 96

TechCrunch

MAY 12, 2021

A group of high-profile angel investors also put money in the round, including Rappi founder and president Sebastian Mejia, Tayo Oviosu (founder/CEO of Paga, who participated via Kairos Angels), Ramp founder and CTO Karim Atiyeh and Bread founders Josh Abramowitz and Daniel Simon.

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Brazil Raise San Francisco America 86