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Chile-based Kredito raises $4M to help businesses get loans

TechCrunch

In the last few months, we’ve seen an explosion in funding for consumer banking startups in Latin America, all eager to reinvent traditional banking in the region. Today, Chile-based Kredito announced a $4 million pre-seed round. However, the business banking space seems like it’s also undergoing some changes.

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Diginex launches ESG reporting platform aimed at small businesses

TechCrunch

Luxembourg, Hong Kong, Singapore and Chile. The DiginexESG platform quite simply takes away those challenges and does all the heavy lifting for them. Fund managers can leverage ESG-related data to generate insights. It is currently raising venture backing largely from strategic corporate investors.

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Philanthropy and Social Media: New Whitepaper from The Institute for Philanthropy

Amy Sample Ward

Ushahidi, an open source project originally deployed in Kenya to report post-election violence has since been downloaded and deployed for many other events and disasters, including Haiti, Chile, and Japan. The internet is an endless stage and platform, and when we are up there speaking, we expect you are all listening.

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

TechCrunch

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. Secondly, it makes Buk the third most valuable startup in Chile after Cornershop and NotCo.

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Traveling the world, meeting startups: What We learned

The Next Web

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups. Startups are aiming for a global, not local market.

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

TechCrunch

The funding announcement includes $600,000 from a pre-seed tranche. It also sends payment notifications via multiple channels and enables customers to manage all of their office locations from one platform. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies.

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

TechCrunch

Chilean startup Xepelin , which has created a financial services platform for SMEs in Latin America, has secured $30 million in equity and $200 million in credit facilities. based asset managers and hedge funds — including Chilean pension funds — provided the credit facilities. LatAm- and U.S.-based

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