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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TechCrunch

MARCH 17, 2021

The promise of OctoML, which was founded by the team that also created TVM, is that developers can bring their models to its platform and the service will automatically optimize that model’s performance for any given cloud or edge device. We were planning on starting to raise money right about now.

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Platform Learning Raise Open Source 100

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

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

“If you’re going to get acquired, chances are you’re going to spend a lot of time with corporate development teams,” says Graham. In a detailed post, she shares several action items that will help marketing teams leverage their email analytics so they can “continue delivering personalized experiences consumers crave.”

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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. 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

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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. . With three former CTOs in the core team, I believe they have the right DNA to build AWS for fintechs in Latam.”.

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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.

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TechCrunch

JANUARY 3, 2022

It is, in particular, good for agencies who want to deliver faster results or for non-technical departments that need to iterate faster but depend on centralized engineering teams to implement everything, according to Costa. Iporanga, Alexia Ventures and some angels have also put money in the company. .

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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. . The battle to become the Mexican Nubank just started.

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Challenge Mexico Raise Brazil 96

TechCrunch

APRIL 8, 2022

Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money. . The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil. It was the combination of the team that was at the core,” he said. “We

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Colombia Business Mexico Help 100

TechCrunch

MARCH 10, 2021

Global investors are not only pouring money into companies. Volpe also received a “large anchor investment” from its management team. Andre Maciel, Gregory Reider and Milena Oliveira are the fund’s founding partners, and are based in Sao Paulo, Brazil. They’re also investing in funds.

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TechCrunch

JULY 21, 2021

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. Generally Valoreo acquires the majority of the business, with the purchase price typically being a combination of an upfront cash payment and a profit share component so sellers can still earn money.

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Raise Mexico United Kingdom Colombia 101

TechCrunch

JUNE 2, 2021

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 Outside of its New York City headquarters, Yieldstreet also has offices in Brazil, Greece and Malta.

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Public Raise Malta Greece 98

TechCrunch

SEPTEMBER 22, 2022

He was previously the founder of Canary and Peixe Urbano, and was Facebook’s first employee in Brazil. In this year’s Latin America Digital Transformation Report , the investment team at Atlantico chronicles how the region leaves in its rearview mirror a decade-long boom in tech value creation. versus Brazil.

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America Brazil Adopt Digital 90

The Verge

MAY 27, 2020

The team will also test various experiences within IGTV ads throughout the year, like being able to skip ads. After that, it’ll expand across the US, Brazil, UK, Germany, France, Italy, Turkey, Spain, and Mexico. Overall, Instagram is trying to take a bigger stake in how creators make money on its platform.

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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

TechCrunch

JUNE 7, 2022

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. Since then, we have just gotten more ambitious and continued to grow so we needed more money to fuel more growth,” Schwarzkopf said in an interview with TechCrunch. Europe, APAC and Brazil.

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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. “ This is a terrific business model and a great team and a geography that we know,” said Morris.

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TechCrunch

JULY 20, 2021

And he’s raising plenty of money to aim at that goal. JOKR’s team consists of people who created both foodpanda and Delivery Hero, so from the outside at least, they have the chops to build a big business. We look forward to working with the team on their mission to make retail more instant, more democratic, and more sustainable.”.

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TechCrunch

JUNE 30, 2022

With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile. Its first fund was split 65% in Brazil and 35% in the rest of the region, and Lemann expects to do a more even split of around 50% in Brazil and 50% in Spanish-speaking LatAm.

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Fund Brazil America Colombia 79

TechCrunch

APRIL 28, 2021

The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle. . “We We will work with very few brands over time, and only the best, and work with our entire team to scale and expand these few businesses,” Tyle told TechCrunch. It is currently focused on Mexico, Brazil, Argentina and Chile.

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Fund Mexico America Argentina 98

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. met while playing soccer on an amateur team in San Francisco. .

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Raise Brazil San Francisco America 83

TechCrunch

OCTOBER 19, 2021

As a SaaS business, Pismo mostly makes money by charging transaction fees. To this point, it has invested with no sales team and very little marketing effort, according to Josua. One year ago, the central bank [of Brazil] launched an instant payment solution. It ended 2020 with less than 10 million accounts total.

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TechCrunch

APRIL 5, 2021

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. .

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Online Free Brazil Raise 80

TechCrunch

AUGUST 18, 2021

Cars are significantly more expensive in countries like Brazil than in the U.S. In 2020, the startup saw its number of customers grow by more than 70%, and it now has more than 11,000 users in Brazil and Mexico. In fact, an estimated 75% of Latin Americans cannot own a vehicle because of the high cost of acquisition and maintenance.

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TechCrunch

JULY 21, 2021

Germany and Italy, Yapily will hire new team members focused on France and Spain. 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.

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TechCrunch

FEBRUARY 14, 2023

However, CFOs in Brazil hate them, and we get why since all they receive at the end of the month is a transaction statement that is impossible to trace back…CFOs also worry that by decentralizing payments and empowering employees, they will have to deal with fraud, payment reconciliation and an overall mess in operations they will have to fix.”

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Brazil America Policy Software 79

TechCrunch

FEBRUARY 4, 2021

By combining buyer-sanctioned marketplaces and auction-based pricing through a multi-funder platform, small and medium enterprises in Brazil have access to credit in a way that they never have before, making the cost of capital more affordable, he said. Monkey had previously raised about $1.5

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Brazil America Fund Accessibility 71

TechCrunch

JANUARY 13, 2022

Just as “high-yield” bonds compensate investors with more cash for betting on riskier-than-average companies, DeFi lending can offer far higher interest rates than the traditional savings account wherein customers essentially lend their money to a bank. Conduit’s team on a video call Image Credits: Conduit.

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TechCrunch

MARCH 31, 2022

Now, dLocal and AstroPay co-founder Sergio Fogel has teamed up with AstroPay’s former head of product, Gonzalo Strauss, to launch another fintech out of Montevideo, Uruguay, called Datanomik. DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.

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Uruguay Open Brazil Colombia 78

The Verge

DECEMBER 1, 2020

Although Facebook is declining to say how much money it’s expecting to pay as part of the scheme, The Guardian reports that some publishers are expecting to make millions of pounds a year from the service, at a cost to tens of millions of pounds to Facebook overall.

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News Facebook Content Brazil 88

TechCrunch

SEPTEMBER 8, 2022

As you can see, our team was at one or the other, and some decided to split themselves in half and do both, to bring you the latest and greatest. Demo Day started today and goes through tomorrow — our team is standing by. I want to start my own company or at least earn money through a side hustle. PDT, subscribe here.

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Brazil Story Report Team 94

TechCrunch

APRIL 6, 2023

This means that SoftBank still has $400 million to back companies across LatAm, with about 50% of that money going to new investments and the other half going to existing portfolio companies. That marked the fourth straight quarter in which SoftBank Group has reported losing money.

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TechCrunch

MAY 17, 2021

Today, a newly launched one, Telda is announcing a $5 million pre-seed round to digitize how Egyptians save, send, and spend money. Before Telda, Sabbah was the co-founder and CTO of Egypt’s ride-hailing company Swvl , and Sholqamy, a former senior engineer in Uber’s infrastructure team. million) for now.

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TechCrunch

AUGUST 5, 2021

The new financing round, a Series B, was co-led by Brazil-based Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India. The startup has developed a number of products, including a savings account bundled with features that aim to simplify money management. Image Credits: Jupiter.

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