TechCrunch

FEBRUARY 3, 2022

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .

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TechCrunch

OCTOBER 5, 2021

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. In September alone, Buk says it grew 7% in Chile, 20% in Colombia, and 23% in Peru month-over-month. .

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TechCrunch

JANUARY 8, 2021

Jobandtalent says more than 80,000 workers have used its platform to secure temp gigs in the last year across the seven markets where it operates in Europe and LatAm (namely: Spain, U.K., “The pandemic has helped us with both workers and employers in terms of adoption of our platform.”

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TechCrunch

JANUARY 13, 2022

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.”

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TechCrunch

APRIL 12, 2022

“As part of the program, eight companies receive investment as well as mentorship, and ongoing programming to meet their business objectives from Snap.” Ettos — Is making an e-commerce platform for beauty products, supporting inclusive beauty, based in Colombia.

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TechCrunch

MARCH 22, 2021

São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. 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. The proof is in the numbers.

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TechCrunch

OCTOBER 11, 2022

Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in our Latin American Startup Battlefield that year) to move the traditional independent sales process online. We want to expand into financial services that power their businesses,” Oschin said.

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TechCrunch

APRIL 16, 2021

Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. .

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TechCrunch

JULY 20, 2021

Today the fast-growing grocery and retail delivery platform has closed a whopping $170 million Series A funding round. 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. Latin America and Europe.

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TechCrunch

AUGUST 26, 2021

It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce. He has identified Mexico, Colombia and Argentina as potential new markets. Over the past year, the company added 12 customers and saw its revenue increase 15%.

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TechCrunch

OCTOBER 7, 2021

PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. That is when we started PideDirecto, to enable local businesses to scale their direct-to-consumer sales channels,” Fawzi said. “We

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TechCrunch

JUNE 1, 2021

Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Since launching its platform last year, the company says it has built a customer base of over 60 companies across Mexico, Brazil and Colombia, handling millions of monthly API calls. .

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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. We built an end-to-end platform to buy from the CPGs ourselves and deliver it to the corner stores in less than 24 hours.

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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

MAY 5, 2021

Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. Bitso’s mission, put simply, is to build next-generation borderless financial services for consumers and businesses alike. The news caught our attention for several reasons.

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TechCrunch

MARCH 31, 2022

Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.

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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. It now serves over 50,000 customers and makes more than 1.5

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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

JULY 8, 2022

People were looking for help digitizing their businesses, and as we started looking into this, realized that brands needed help selling online,” Kafati Santos told TechCrunch. “At At the time, we didn’t understand the opportunity to do an e-commerce platform, but the decision was obvious, and we have done payments ever since.

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TechCrunch

AUGUST 17, 2021

Nuvemshop (also known as Tiendanube in Spanish speaking countries) aims to give entrepreneurs a way to build and grow online businesses. Virtually every KPI tripled in the company in 2020 as the world saw a massive transition to online, and Nuvemshop’s platform was home to 14 million transactions last year, according to Sosa.

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TechCrunch

FEBRUARY 2, 2022

The company has launched five distribution centers in three cities across Colombia and one more in Mexico City, with about 190 employees — including about 90 full-time employees and 100 contractors. It’s safe to say that over 80% of the market is made up of small and medium businesses and sellers. “E-commerce

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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. and managing director at Qualcomm Ventures 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. “Together, we will double down on the strategy of bringing same-day grocery delivery to the Uber platform worldwide.”. and Canada. The company raised $31.7

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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

MAY 26, 2022

This opens up a new revenue stream for businesses across Latin America and represents a huge opportunity for OlaClick,” said Zachary Bratun-Glennon, partner at Gradient Ventures, in a statement. Its platform is processing over 1 million orders each month from more than 45,000 restaurants.

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TechCrunch

APRIL 28, 2022

Millions of tons of cargo are transported each year via the Pan-American Highway and its branches across Colombia, Ecuador, Peru, Chile, Bolivia and Paraguay. obtaining a master’s degree in Business Administration from Babson and an M.A. Thanks to a Fulbright scholarship, Ortiz went on to study in the U.S.,

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TechCrunch

MAY 12, 2022

Njavwa Mutambo , who co-founded TopUp Mama with Emilie Blauwhoff (COO) and Andrew Kibe (CTO) in February 2021, told TechCrunch that the startup has grown 10 times in the last one year, and has over 3,000 merchants (1,000 active) using its platform to make orders every month. Image Credits: TopUp Mama. million seed funding.

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TechCrunch

FEBRUARY 16, 2021

Since formally launching in 2019, Shift One has grown to have 25,000 workers on its platform — many of whom it says were unemployed at the time of hire. and Colombia, including Amazon, NASCAR, Weee!, It is “slightly” profitable and has been re-investing that money into growing the business.

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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

JUNE 25, 2021

Fintual is an automated passive investment platform that allows the average person in Chile or Mexico to invest in mutual funds containing ETFs (Exchange Traded Funds), investment vehicles that aren’t as well known, or as readily accessible in Latin America. “One May 2021. 480.7

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TechCrunch

APRIL 21, 2022

We noted earlier this year that grocery delivery is a tough business to be in , given the competitiveness of the market and later-stage funding drying up for cash-intensive sectors like this one. We have now become fully gross profit positive on a group level for our local business across all of our countries after 12 months of operations.

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TechCrunch

JULY 1, 2021

The holding company owns a number of other entities such as Meubank, a multi-asset wallet and account service currently waiting for a Brazilian Central Bank license; Bitrust, a qualified digital custodian and Clearbook, an equity crowdfunding platform, among others. So what exactly has driven so much growth for Mercado Bitcoin?

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TechCrunch

OCTOBER 21, 2021

The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America. The remote-first fintech started in Argentina and has since launched operations and offices in Brazil and Mexico with plans to also expand to Chile and Colombia. In Argentina, it was granted a Mastercard and payments license.

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TechCrunch

SEPTEMBER 12, 2022

million in new funding to continue developing data-driven tools for businesses to source the produce they need and have it delivered directly to them. Alima’s platform digitizes and optimizes procurement, transport and traceability using artificial intelligence and analytics integration so that less food is spoiled.

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TechCrunch

NOVEMBER 26, 2021

Several business angels also participated, such as Daniel Bilbao, JP Duque, Ricardo Schaefer, Jean-Paul Orillac and Allan Arguello. We are thrilled to be partnering with Jefa, a women-led platform in Latin America and the Caribbean, and one which explicitly serves women’s financial needs in the region.”.

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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. It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans. There is a lot of value to tackle.

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TechCrunch

APRIL 17, 2023

Launching out of Dubai in 2020, Intellia looks for strategy and finance consultants in emerging markets where wages are cheap, thows in some AI-powered vetting, to come up with a project delivery platform for finance, strategy and public policy. It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month.

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