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Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in Latam

TechCrunch

and build a company that was more valuable in Ecuador than we had built in the U.S.,” 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 never thought that we would return home [from the U.S.]

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Orchata raises $4M, aims to build a ‘Gopuff for Latin America’

TechCrunch

After honing his startup skills in San Francisco, he returned to Mexico with the idea of building a software company. Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation. Garcia is also eyeing Colombia, Brazil, Peru and Chile for future expansion.

America 98
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Yummy raises $4M, aims to be ‘super app of Venezuela’

TechCrunch

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. The total investment includes pre-seeding capital raised in 2020.

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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

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. We saw what they were building and all their potential. Merchants also found tools to build their own presence. So we pre-emptively asked them to let us invest.”.

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Social commerce startup Elenas raises $6M and plans for international expansion

TechCrunch

And today, it announced that it has raised $6 million in Series A funding. Indeed, one of its next steps is expanding across Latin America, starting with Mexico and then Peru. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.

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From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform

TechCrunch

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.

Chile 86
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Nuvemshop, a Latin American answer to Shopify, raises $30 million

TechCrunch

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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