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Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm

TechCrunch

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. The financing marks a16z’s first investment in Uruguay, and one of its biggest seed rounds in Latin America.

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clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

TechCrunch

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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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

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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Tiger Global, YC back Rebill’s subscription payment platform for Latin America

TechCrunch

Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. “We reduce the KYC process for each of the payment gateways, so we automatically enable the recurring billing processing for all our merchants,” he added.

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Henry picks up cash to be a Lambda School for Latin America

TechCrunch

Latin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Currently, Henry has graduated 200 students and is working with 600 students across Colombia, Chile, Uruguay and Argentina. Now, VCs are giving Henry some cash to do so.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

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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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

In fact, the evolution of business shares far more similarities across countries than we might expect. This is not very different from the timeline of businesses in other markets such as the United States. Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. investors remain shy.

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