TechCrunch

JULY 21, 2021

The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception. 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.

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TechCrunch

AUGUST 26, 2021

Tuna is on a mission to “fine tune” the payments space in Latin America and has raised two seed rounds totaling $3 million, led by Canary and by Atlantico. He has identified Mexico, Colombia and Argentina as potential new markets. Current and upcoming trends in Latin America’s mobile growth.

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TechCrunch

OCTOBER 27, 2020

Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction jobs in the region, Lafaurie said. And that’s just in Colombia alone, said Lafaurie.

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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. This birthed Shopify, which today is worth $160 billion.

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TechCrunch

APRIL 8, 2022

T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. It was the combination of the team that was at the core,” he said. “We

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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 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. 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. Nowports raises $5.3

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TechCrunch

MARCH 10, 2021

Villadiego was born and raised in the colonial port town of Cartagena, Colombia. During his time at Unisys — and later at IBM — he said he was exposed to merger and acquisition deals, motivating him to start his own business. “At the end of the day, you have to build a business. In the U.S.,

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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

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 1, 2021

And now the Brazilian regtech has raised $38 million in a Series C round led by Endurance. GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million. Its investors are, naturally, bullish. ”

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TechCrunch

MARCH 22, 2022

Less than seven months after closing on a $57 million Series B , fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exception as of late.

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TechCrunch

SEPTEMBER 8, 2021

In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. Addi is currently available for e-commerce, mobile and brick-and-mortar purchases in Brazil and Colombia, with plans to expand across Latin America in the coming years.

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TechCrunch

APRIL 7, 2021

The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million. When you’re building a business here [Latin America], you need to build several businesses because so many things are broken,” he said.

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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. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. Belvo currently operates in Mexico, Colombia and Brazil. .

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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 5, 2021

Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. The news caught our attention for several reasons.

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TechCrunch

FEBRUARY 16, 2021

and Colombia, including Amazon, NASCAR, Weee!, To help it grow and further expand its reach, Shift One just raised a $5.2 It is “slightly” profitable and has been re-investing that money into growing the business. And Miami benefits from the virtuous circle of higher employment and strong local businesses.”.

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TechCrunch

FEBRUARY 2, 2022

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.

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TechCrunch

JULY 29, 2021

The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users. Merqueo also reached positive cash flow in Colombia, its most mature market. Image Credits: Merqueo.

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TechCrunch

FEBRUARY 11, 2021

Treinta , a startup that is part of the Winter 2021 Y Combinator cohort , announced this morning that it has raised north of half a million dollars for its bookkeeping and inventory management software aimed at Latin American small businesses. Lockdown in Colombia forced many small businesses online in a hurry.

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TechCrunch

MAY 24, 2021

And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments.

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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

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. Patjane told TechCrunch that he wasn’t immediately looking for additional capital after closing the Series B, and in fact had plans to begin raising again this year.

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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. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.

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TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group , Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America. .

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TechCrunch

JUNE 7, 2022

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 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. Europe, APAC and Brazil.

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TechCrunch

OCTOBER 27, 2021

In June, Nu raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, making it one of the most valuable unicorns in the world. Since its 2013 inception, Nu has raised $2.3 Since its 2013 inception, Nu has raised $2.3 We’ll know soon enough. The Nubank EC-1.

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TechCrunch

MARCH 10, 2022

On Wednesday, TechCrunch reported on Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, and its $6 million raise. Today, we look at Yuno , a two-month-old Colombian payments startup which has raised $10 million in a seed round of funding.

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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

DECEMBER 9, 2021

At the time, the company touted it as “the largest Series B round ever raised in Latin America.”. In total, the company has raised $445 million, of which $345 million is equity and $100 million is debt. Today, Merama has more than 180 employees and a portfolio of 20 brands across Mexico, Brazil, Chile, Colombia and Peru.

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TechCrunch

NOVEMBER 26, 2021

Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. Several business angels also participated, such as Daniel Bilbao, JP Duque, Ricardo Schaefer, Jean-Paul Orillac and Allan Arguello.

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

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TechCrunch

NOVEMBER 22, 2021

In 2017, he started searching for his biological family in Colombia and reconnected with them. York previously worked with Gurtubay, too, in third-party logistics before transferring over the direct-to-consumer e-commerce businesses into Cubbo. Prior to Cubbo, he founded three other startups in San Francisco. Image Credits: Cubbo.

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TechCrunch

DECEMBER 21, 2022

She connects people with the businesses and opportunities that expand their lives. Dear Sophie, We co-founded a startup in Colombia, and we’re thinking about opening a sales office in the U.S.! I would be moving, and my co-founder will continue to run our engineering team from Colombia. More posts by this contributor.

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TechCrunch

NOVEMBER 1, 2021

As the neobanking boom has matured into a collection of large digital banks, we’re slowly getting a better picture of the economics of such business efforts. In good news for its peers that may seek to go public, the numbers Nubank has shared seem to make pretty reasonable business sense. But what did all that cash buy them?

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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 Addi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation. We recently saw Sleek raise $1.7

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