TechCrunch

APRIL 20, 2022

PayU , the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its presence in Latin America. For PayU and Prosus, the deals are significant for two main reasons. The company quotes figures from the U.S.

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TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Why global investors are flocking to back Latin American startups. In Argentina, it was granted a Mastercard and payments license.

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TechCrunch

MAY 23, 2022

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years , the current consumer demands to receive orders on time and packaged correctly will only increase. That demand has enabled clicOH to grow quickly since launching its current business model in 2020.

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TechCrunch

MAY 24, 2022

Access to global supply chains can be difficult for small businesses in Latin America, but companies like Meru , which raised funding in March to source and import goods between Mexico and China, and now more recently Pandas , are tapping into overseas relationships and technology to make this easier. Pandas B2B marketplace.

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TechCrunch

JULY 26, 2021

Tiger Global led the round and was joined by new investors, including DFJ Growth Fund, the social impact foundation, ZOMA Lab; athletes Lewis Hamilton and Roger Federer; and musician and DJ Questlove. Brazil, Argentina, Chile and Colombia. He expects to have 50% of its business coming from the U.S. billion valuation.

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TechCrunch

DECEMBER 21, 2022

Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. Contributor. Share on Twitter. More posts by this contributor.

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TechCrunch

NOVEMBER 18, 2021

The Colombia-based company is taking on some of that inventory burden by providing access to inventory at lower prices and often same-day delivery on thousands of products. The challenge is building a habit and moving from decades of buying on paper to using a phone for core business processes,” he added. “We

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TechCrunch

MARCH 2, 2022

It was then that we learned about the origins of the Mexico City-based company, founded by CEO Alexis Patjane, who had been running a food truck-making business in Mexico. Meanwhile, 99minutos has 5,000 employees working from Mexico, Colombia, Chile and Peru, and Patjane aims to reach between 8,000 and 10,000 by the end of the year.

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TechCrunch

OCTOBER 27, 2021

billion in capital, with investors such as Sequoia Capital, Tencent, Ribbit Capital, Kaszek, QED Investors and others, At that time, Nu had 40 million users across Brazil, Mexico and Colombia. Earlier this month, Business Insider reported that Nubank had turned its first-ever half-year profit in its home market. We’ll know soon enough.

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TechCrunch

JUNE 7, 2022

“The only things that changed were the economics and speed of business.”. Put simply, Kushki aims to help make it easier, cheaper and more secure for businesses across LatAm to send and receive/process digital payments. Specifically, it enables LatAm businesses to a ccept payments globally and receive money in their local currency.

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TechCrunch

AUGUST 26, 2021

Marcos Toledo, Canary’s managing partner, said via email that e-commerce in Latam is currently at an inflexion point: not only has the global pandemic driven more online purchases, but also fintech innovation that has occurred in recent years. He has identified Mexico, Colombia and Argentina as potential new markets.

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TechCrunch

SEPTEMBER 14, 2021

Why global investors are flocking to back Latin American startups. It has backed companies across the region including in Brazil, Mexico, Chile, Colombia, Argentina and Ecuador. There is so much innovation and disruption taking place in Latin America, and I believe the business opportunities there have never been stronger.

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TechCrunch

JUNE 1, 2021

Schwarzkopf and his business partner, Sebastián Castro, had previously built and sold a fintech called Leaf in the U.S. The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile. “We never thought that we would return home [from the U.S.]

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TechCrunch

JULY 20, 2021

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. The round was led by led by GGV Capital, Balderton Capital and Tiger Global Management. Latin America and Europe. JOKR launches in New York with a different take on on-demand delivery.

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TechCrunch

AUGUST 30, 2021

Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. In fact, the evolution of business shares far more similarities across countries than we might expect. Ricardo Sangion.

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TechCrunch

MARCH 22, 2022

In Latin America, where being a part of a community is important, we see startups, like Trela in Brazil and Muni in Colombia, bringing people together under a common need — in Muni’s case, the purchase of everyday essentials. Zapt is now Trela; aims to remove the middleman from group food shopping.

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TechCrunch

OCTOBER 26, 2021

Enter Skydropx , a Mexico City-based logistics management company that enables businesses to create an end-to-end automated delivery experience for customers that includes over 250 shipping options, track notifications via WhatsApp, estimated delivery times and return management.

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TechCrunch

MAY 9, 2022

Mentum is out to change that in Latin America, and is working on customizable investment APIs and widgets so businesses in Latin America can build and offer fully digital investment products, like local mutual funds, ETFs and stocks, to their customers. The products are also compliant with local regulations.

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TechCrunch

APRIL 13, 2022

That global venture capital slowed down in Q1 2022 might no longer be news to you. But global numbers can hide diverging realities around the world, and a closer look at regional data shows us that it is indeed the case. based and Asian startups did decline, in line with the global trend. Brazil: $1.5

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TechCrunch

APRIL 20, 2022

Morado, a two-month-old Colombian startup aiming to digitize beauty salons in Latin America, has raised $5 million in a pre-seed round from a bevy of global investors. She spent four years at the company in a variety of roles, launching grocery for the company and serving as head of business development of Rappi Pay. and Latin America.

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TechCrunch

JUNE 21, 2021

Uber CEO Dara Khosrowshahi said in a statement that the company’s grocery and new verticals business has exceeded a $3 billion annual bookings run rate for this year. “That’s why we’re excited to deepen our commitment to the team at Cornershop and to support their vision as they scale globally,” he added. and Canada.

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TechCrunch

MARCH 22, 2021

With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. These businesses range from direct-to-consumer (DTC) upstarts to larger brands such as PlayMobil, Billabong and Luigi Bosca.

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TechCrunch

APRIL 7, 2021

“In Latin America, 90% of the [used car] transactions are informal, which leads to a 40% fraud rate,” said García, who experienced these challenges firsthand when he moved to Mexico from Colombia a couple of years ago and bought a used car. . “My My budget allowed me to buy a used car, but there was no infrastructure around it.

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TechCrunch

MARCH 22, 2022

When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.”

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TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. Why global investors are flocking to back Latin American startups. So, just how does it work?

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TechCrunch

AUGUST 17, 2021

Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. Nuvemshop (also known as Tiendanube in Spanish speaking countries) aims to give entrepreneurs a way to build and grow online businesses.

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TechCrunch

JULY 13, 2021

Small and medium-sized businesses in Latin America can find it difficult to get the funds they need to export their goods to the United States. For small and medium businesses in trade, this is important for companies creating a high level of job growth and lowering the poverty rate,” Shoihet told TechCrunch. “By

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TechCrunch

SEPTEMBER 8, 2021

The company, which has dual headquarters in Bogota, Colombia, and São Paulo, Brazil, declined to reveal its new valuation other than to say it is “nearly triple” what it was 90 days ago when it closed on the first tranche of its Series B, and that it is now in the “hundreds of millions” of dollars range.

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TechCrunch

JULY 1, 2021

Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. The company currently has offices in Mexico, Chile, Colombia, and Uruguay. Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch.

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TechCrunch

OCTOBER 5, 2021

But more and more, other regions in Latin America such as Chile are also attracting global investor interest. Why global investors are flocking to back Latin American startups. In September alone, Buk says it grew 7% in Chile, 20% in Colombia, and 23% in Peru month-over-month. . Today, the tool is used by 4,000 SMEs.

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TechCrunch

APRIL 17, 2023

The global management consulting industry is worth billions of dollars but to this day it’s been tough to disrupt with technology. so far from Fatima Gobi Ventures and angels including Gokul Rajaram (DoorDash board member), the former Global CFO of PepsiCo and two managing partners of large consulting firms.

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TechCrunch

MAY 24, 2021

With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B Both funds, according to Kaszek, were “several times oversubscribed” with demand coming globally from university endowments, global foundations, technology funds and several tech entrepreneurs. And Kaszek has been at the heart of it all.

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TechCrunch

JUNE 1, 2021

Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. Besides, places like Mexico and Colombia also have highly innovative companies pushing the envelope when it comes to identity and technology. Its investors are, naturally, bullish.

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TechCrunch

MAY 30, 2022

This downsizing from the Dubai-based startup adds to the long list of global cross-stage layoffs in what has been a rough month for tech employees. It’s been a very busy 18 months for SWVL leading up to this news. Whether SWVL will continue its expansion into new markets such as Colombia, Mexico and South Africa, and the U.S.

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TechCrunch

APRIL 3, 2023

In recent years, there has been an explosion of global investor interest in Latin American startups. We seek out exceptional founding teams whose business plan is centered on the strategic utilization of technology to gain a competitive advantage. billion in 2021, (up from $2 billion in 2018) according to LAVCA.

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TechCrunch

SEPTEMBER 21, 2021

Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing. Why global investors are flocking to back Latin American startups. Clearly, the company’s business model seems to be working. billion since its 2016 inception.

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TechCrunch

NOVEMBER 26, 2021

Investors in Jefa include The Venture Collective, DST Global, Foundation Capital, Amador Holdings, The Fund, FINCA Ventures, Rarebreed VC, Siesta Ventures, Springbank Collective, Bridge Partners, Hustle Fund, Foundation Capital, Latitud, J20 and Magma Partners. A few days later, you’ll receive a Visa debit card.

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