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Marketing automation startup Retail Rocket nabs $24M for expansion

TechCrunch

“The digital marketing world is growing very fast and the demand for highly-skilled professionals is constantly increasing,” CEO Khlebinsky said. “The complexity of digital marketing tools is booming too — just several years ago we couldn’t imagine the technologies we use today.”

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Latin America’s second wave of digital transformation

TechCrunch

Latin America’s digital transformation is making up for lost time. When we first shared LatAm’s digital acceleration story in last year’s Latin America Digital Transformation Report , we believed we were at the peak of digital growth catalyzed by the pandemic. Atlantico Digital Transformation Index 2021 LatAm.

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Chilean fintech Xepelin wants LatAm businesses to get paid

TechCrunch

Fintech companies and other entities have moved the needle for consumer payments in Latin America, particularly during the global pandemic, prompting consumers to be more comfortable with digital payments. This is a huge market, but no one is really focused on pure business-to-business,” de Camino told TechCrunch.

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For LatAm payment orchestration startups, market fragmentation is a blessing in disguise

TechCrunch

Only 19% of Latin American adults own a credit card, and 70% of credit cards in Brazil, Argentina and Chile can’t be used internationally. So if one-click checkout startups are struggling to make headway against incumbents in the single-currency, highly digitized and concentrated U.S.

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Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels

TechCrunch

The fintech currently has over 4,000 clients in Chile and Mexico, which currently has a growth rate “four times faster” than when Xepelin started in Chile. The team has deep experience in the sector and has proven a perfect fit of their user-friendly product with the needs of the market.”. billion valuation.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. . It claims that merchants supported by Bold have seen sales grow about 25% on average simply by enabling digital payments. . “If It also processed “31x” more transactions in 2021 than it did in 2020.

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

TechCrunch

Secondly, it makes Buk the third most valuable startup in Chile after Cornershop and NotCo. But more and more, other regions in Latin America such as Chile are also attracting global investor interest. Buk recently acquired CTRL, an assistance company in Chile. Today, the tool is used by 4,000 SMEs.

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