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operations for Brazil-based Movile , a mobile platform for content and commerce. This is a step forward for the Good Law—which has already helped Brazil a lot—but private business and government need to start doing more to truly help launch Brazil’s mobile potential. Eduardo Henrique is the head of U.S.
According to the Institute of Applied Economic Research , there are 820,000 existing NGOs, also know as ONGs (organizaciónes no gubernamentales), in Brazil. What would you like the world to know about NGOs and fundraising in Brazil? But small causes here in Brazil make a very big difference in social impact.
The following case study from Brazil reveals how the social sector responded and adapted to the challenges and opportunities created by COVID-19. . Brazil’s culture of giving and philanthropy has been growing since the 1980s. Innovative technologies helped mobilize fundraising campaigns and increase donations to support these efforts.
Facebook has blocked the accounts of a dozen allies of President Jair Bolsonaro of Brazil, BBC News reported. Brazil’s Supreme Court ordered the 12 accounts blocked back in May, as they are under investigation for allegedly spreading false news about judges in the country. Photo by Andre Borges/NurPhoto via Getty Images.
Brazil has seen notable acquisitions in recent years, including Twilio buying Teravoz in January 2020 , and Etsy buying Elo7 in June for more than $200 million. GetNinjas, a platform for hiring local labor for household needs like plumbing and painting, went public earlier this year on the B3 exchange, located in São Paulo.
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.
Its more than 300 clients include 10 unicorns, two out of the three biggest banks in Brazil and companies such as iFood, Claro, Cielo, Loggi, Ebanx, QuintoAndar and OLX, among others. Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions.
While platforms such as Wix and Squarespace have made it easier to do this, these are primarily aimed at desktop users. Zeely says that its app can generate a web store quickly on a mobile, as well as allow a business to promote itself across social media platforms quickly and easily. In Mexico, for instance, 97.4%
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. The company touts itself as “the largest housing platform in Latin America,” providing selling and rental assistance, and also takes on the risk associated with monthly rental payments.
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). .
But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. This morning, digital real estate platform Loft announced it has closed on $425 million in Series D funding led by New York-based D1 Capital Partners. Buying and selling residential real estate is a complex business, no matter where you live.
The capital will be used to expand ELSA’s operations in Latin America and build a scalable B2B platform, allowing companies and educational organizations to offers the app’s coaching services to employees or students. Founded in 2015, ELSA, which stands for English Language Speech Assistant, now claims more than 13 million users.
PicPay operates largely as a financial services platform that includes a credit card, a digital wallet similar to that of Apple Pay, a Venmo-style P2P payments element, e-commerce and social networking features. “We million to social projects in Brazil. The company plans to list on the Nasdaq under the ticker symbol PICS.
Yet many of the big digital content distribution platforms like Pandora and Netflix are not available in countries like Brazil, Turkey and India (Spotify just. This story continues at The Next Web. Entrepreneur Insider Analysis and Opinion'
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. Image Credits: OctoML.
Brazil has lifted its ban on Telegram after the country’s Supreme Court blocked the messaging app on Friday for failing to comply with court orders, according to a report from The New York Times. It will also have its employees keep a watchful eye on Brazil’s 100 most popular channels, the NYT reports. With over 1.1
Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.
Digibee , a low-code integration platform, is doing what all low-code integration platforms are apparently doing right now: raising funding. Brazil-based Kinea and G2D Investments also participated in this round. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund.
The platform is open-ended and is a little like a Quora for homework, in that people can find and answer questions they are interested in, as well as ask questions themselves. That platform, however, took on a whole new dimension of importance with the shift to virtual learning, Borkowski said.
That’s just tiny fraction of the $125 million that online events platform Hopin raised last fall — in fact, a recent Equity episode suggested that Hopin might be the fastest growth story of the current startup era. “We don’t intend to compete with platforms in the B2C market.”
Jio Platforms is investing $200 million in Glance, which serves media content, news and casual games on Android handsets’ lockscreen, the two said Monday, the latest in a series of bets from Mukesh Ambani’s empire as it looks to expand its offering to more than 420 million telecom subscribers it reaches in the South Asian market.
Ajaib Group , an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A led by Horizons Ventures, the venture capital firm founded by Li Ka-Shing, and Alpha JWC.
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil. It recently closed a $1.4
billion monthly active users of which 65% access the site daily and spend an average of 40 minutes per day on the platform. Classy ] Instagram Instagram has 2 billion monthly active users of which 500 million access the site daily and spend an average of 24 minutes per day on the platform. Facebook Facebook has 3.05 Similarweb ] 61.7%
InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. InstaCarro plans to use its new capital in part to capitalize on the shift and “aggressively” expand its reach within Brazil. Notably, U.S.-based to the U.K., Indonesia and Mexico,” Nordin said.
The latest such neobank to emerge is New York-based Daylight , which describes itself as the first LGBTQ+ digital banking platform in the United States. There is a digital bank in Brazil with a similar mission called Pride Bank ). Which neobanks will rise or fall? Others that have emerged include Greenwood , First Boulevard and Cheese.
Among its customers are European spend-management platform Moss , U.S. payments processing company North American Bancard , and Brazil’s Banco do Brasil Americas. ” Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M by Paul Sawers originally published on TechCrunch
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
Today, a startup that has built a platform that helps them produce and monetize their work is announcing a big round of funding that underscores just how lucrative and big the creator economy has become. million people. 10 VCs say interactivity, regulation and independent creators will reshape digital media in 2021. million people.
Which is why I’m hoping that this is the year that a back channeling social media platform actually takes off. We finally get a trustworthy platform in which back channeling can occur in an accessible and fair way. GoFundMe gets Classy (literally) with acquisition of nonprofit giving platform. And the startup of the week is….
Childhood friends David Grandes and Andres Andrade, both originally from Ecuador, started Mimic in 2018 in Brazil as a dark kitchen-as-a-service, specializing in producing food at scale with online channel sales. Meanwhile, Grandes says there are 1 million restaurants in Brazil, which presents a big opportunity to go downstream.
Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.” It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce.
São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. 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. billion in 2023. “In
You don’t hang out and spend meaningful time there,” said Alex Taub, co-founder and CEO of Upstream , a new professional networking platform that just closed a $2.75 “You don’t go to LinkedIn to meet people. million seed round, bringing their total raised to $3.25 The week before, the guest speaker was U.S. Senator Cory Booker of New Jersey.
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.
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.
Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. 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. In particular, its growth in Brazil is increasing exponentially.
Over the last five years, Brazil has witnessed a startup boom. Many people are unaware that Brazil has the largest Black population in any country outside of Africa. As with counterparts in the United States, Brazil’s Black founders have less access to capital. Like counterparts in the U.S.
Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) in a funding round led by Riverwood Capital. Currently it is only available in a few cities in Brazil, such as São Paulo and Belo Horizonte. .
Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. UniPay: mobile payment platform in Brazil. accelerator and brought on two venture partners to help oversee its India investments.
And as part of that announcement, Twitter said it’s planning to add automated captions to audio and video on the platform by “early 2021.”. Twitter also plans to start testing voice DMs soon, starting in Brazil. It’s unclear when transcriptions might be available in voice tweets.
The alternative payment platform says it brokers a “value exchange” between brands and consumers, converting attention and engagement into a currency, which can be redeemed for bill payment. TIM in Brazil, lndosat Ooredoo in Indonesia and U.K. TIM in Brazil, lndosat Ooredoo in Indonesia and U.K.-based Image Credits: Play2Pay.
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. Historically, Brazil and increasingly as of late Mexico, have received the bulk of venture dollars from venture investors.
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