TechCrunch

APRIL 7, 2021

The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million. 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.

Brazil 97

Brazil Mexico Argentina Raise 97

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. Having just raised $30 million in a Series C round in October and achieving profitability in 2020, the Nuvemshop team was not looking for more capital. billion in 2023. “In

Raise 108

Raise Argentina Brazil America 108

TechCrunch

AUGUST 24, 2021

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. It’s also notable that São Paulo-based Cora only raised its $26.7 It’s also notable that São Paulo-based Cora only raised its $26.7 The startup has now raised a total of $152.7

Brazil 96

Brazil Global Raise License 96

TechCrunch

JULY 21, 2021

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. 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.

Raise 101

Raise Mexico United Kingdom Colombia 101

TechCrunch

MARCH 17, 2021

OctoML , a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project , today announced that it has raised a $28 million Series B funding round led by Addition. We were planning on starting to raise money right about now. Image Credits: OctoML.

Platform 100

Platform Raise Learning Brazil 100

TechCrunch

NOVEMBER 16, 2021

Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. None of the financings had been previously announced and all were raised over the past 12 months. That investment values the startup at $850 million. Image Credits: Facily.

Brazil 99

Brazil Raise Social America 99

Nonprofit Tech for Good

FEBRUARY 12, 2025

35% of nonprofits raised more money than they expected while 23% raised less. 32% raised what they expected.[ M+R Benchmarks Report ] Facebook fundraisers who are thanked by nonprofits during the fundraising campaign raise 35% more than those who are not. 33% raised what they expected.[ compared to $49.28

Social Media 189

Social Media Statistics Media Social 189

TechCrunch

OCTOBER 26, 2021

Pipefy , a “low-code” workflow management SaaS startup, announced today that it has raised $75 million in Series C funding. SoftBank Latin America Fund led the financing with a $50 million contribution, bringing Pipefy’s total raised to $138.7 In 2019, Pipefy raised $45 million from Insight Partners, Openview and Trinity Ventures.

Tools 99

Tools Management Raise San Francisco 99

TechCrunch

MAY 24, 2021

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way.

Fund 97

Fund Raise Argentina Uruguay 97

TechCrunch

JUNE 2, 2021

Today, one of those startups has raised a significant round of funding to help it achieve its goals. Existing backers Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Capital also put money in the round, which brings Yieldstreet’s total raised to $278.5

Public 98

Public Raise Malta Greece 98

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. .

Raise 82

Raise Brazil America Fund 82

TechCrunch

DECEMBER 8, 2020

And the company has recently raised another $45 million to consolidate its position. “When your mission is to build the biggest bank in Mexico, you will need a ton of money,” said albo founder Angel Sahagún. “We are targeting a similar target market to Chime,” the albo founder and chief executive said.

Challenge 96

Challenge Mexico Raise Brazil 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.

Money 94

Money Turkey Mexico Local 94

TechCrunch

JULY 15, 2021

And today, one such company, Play2Pay , has raised $13 million in a Series A round of funding. Play2Pay was bootstrapped for the first five years of its life, raising its first external capital in June of 2020 — a $7.5 TIM in Brazil, lndosat Ooredoo in Indonesia and U.K.-based based Lycamobile.

Mobile 100

Mobile Raise Indonesia Brazil 100

TechCrunch

JULY 21, 2021

Fintech startup Yapily has raised a $51 million Series B funding round led by Sapphire Ventures. At the beginning of next year, we’re going to look at Latin America and especially Brazil,” Vaccino said. Right now, Yapily has around 100 customers, such as American Express, QuickBooks, Bux, Vivid Money, Volt and Moneyfarm.

API 108

API Open Italy Europe 108

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. Although, notably, Thrive has also put money in Nubank and Loft.). Pipo Saude had raised $4.6 Pipo Saude raises $4.6 Image Credits: Pipo Saude.

Brazil 101

Brazil Benefit Digital Fund 101

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. Clearbanc rebrands its way into a unicorn. “We

Brazil 86

Brazil Raise San Francisco America 86

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.

Raise 93

Raise America Peru Colombia 93

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. .

Open 80

Open Brazil Raise America 80

TechCrunch

OCTOBER 18, 2021

Fintech startup N26 has raised a $900 million Series E round at a $9 billion valuation. Users can then send and receive money from their account, spend and withdraw money using their card. According to the company’s website, N26 still plans to launch N26 in Brazil — but there’s no launch date. In the U.S.,

Challenge 94

Challenge Raise Europe Brazil 94

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. For now, the three-month-old company is in its infancy — the pre-product phase, which makes it even more notable that the company managed to raise such a large seed round.

Build 107

Build Argentina Raise America 107

TechCrunch

OCTOBER 24, 2021

Justos , a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 Senior executives from Robinhood, Stripe, Wise, Carta and Capital One had also put money in the round. million Series A round of funding led by Ribbit Capital. In May, Justos had announced a $2.8

Raise 83

Raise Brazil San Francisco America 83

TechCrunch

APRIL 5, 2021

It has raised a total of $22.85 Widen, who is Swedish, moved to Brazil about 10 years ago for personal reasons, and while there, was pitched the idea of FinanZero by Webrok Ventures, an investment company focused on bringing Nordic innovation to Brazil. . million to date.

Online 80

Online Free Brazil Raise 80

TechCrunch

JUNE 30, 2021

There is a digital bank in Brazil with a similar mission called Pride Bank ). LGBT people engage with money really differently and there’s a multitude of reasons for that,” Curtis said. “We First Boulevard raises $5M for its digital bank aimed at Black America.

Community 108

Community Digital Platform Raise 108

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. This isn’t Humble Bundle’s first COVID-19 relief bundle — last March, Humble Bundle launched the Humble Conquer COVID-19 Bundle and raised more than $6.5 Image: Humble Bundle.

Money 56

Money Raise Game Brazil 56

TechCrunch

APRIL 5, 2021

Cora , a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital.

Brazil 88

Brazil Digital America License 88

TechCrunch

JULY 8, 2021

Z1 , a Sao Paulo-based digital bank aimed at Latin American GenZers, has raised $2.5 Teen banking service Step raises $100M Series C, announces Steph Curry’s investment. 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 based Homebrew.

Teen 83

Teen Brazil Digital America 83

TechCrunch

MAY 28, 2021

But in markets like Brazil, the idea is still considered relatively novel. And now Justos has raised about $2.8 Senior executives from Robinhood, Stripe, Wise, Carta and Capital One also put money in the round. Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one.

Brazil 90

Brazil America United States Policy 90

TechCrunch

APRIL 22, 2021

Individuals also put money in the extension, including the founders of Better (Zach Frenkel), GoPuff, Instacart, Kavak and Sweetgreen. We did more than 6x YoY growth with many thousands of transactions over the course of 2020,” Pencz told TechCrunch at the time of the company’s last raise. based Better.com.

Brazil 97

Brazil United States New York Paypal 97

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.

Brazil 95

Brazil Miami Phone Peru 95

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. For one, the valuation – high by any standards but especially for a LatAm company – represents an increase of four times from when QuintoAndar raised a $250 million Series D in September 2019.

Brazil 96

Brazil America Phase Fund 96

TechCrunch

DECEMBER 18, 2020

Creditas , the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. billion thanks to $570 million raised in outside financing over five rounds. The company’s credit portfolio has crossed 1 billion reals ($196.66

Companies 79

Companies Raise America Brazil 79

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.

Ecuador 118

Ecuador America Peru Chile 118

TechCrunch

DECEMBER 9, 2020

A report from Reuters flagged Bitso as one of the platforms that criminals like the human trafficker Ignacio Santoyo were using to launder money. You can use it to move money cross-border. The company’s first port of call will be Brazil. “It’s not going away. . “It’s not going away.

Mexico 81

Mexico Brazil America Argentina 81

TechCrunch

OCTOBER 20, 2021

Hash , a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. Endeavor Scale-Up Ventures also put money in the round. Today, Hash operates only in Brazil. Hash also plans, as most startups that have raised funding, to do more hiring.

Software 77

Software Raise Brazil Virginia 77

TechCrunch

AUGUST 30, 2021

For good reason, too: Startups have raised $9.3 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. Every top university in Brazil has a pool of angels. Investors in the Andean region cover Peru, Chile and Colombia.

Roles 96

Roles Brazil Peru United States 96

TechCrunch

FEBRUARY 2, 2022

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.

Raise 97

Raise Mexico Help Colombia 97