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

TechCrunch

Today, Chile-based Kredito announced a $4 million pre-seed round. Robles explained that in Chile, when you open a business bank account, you don’t get a credit or debit card attached to it, so entrepreneurs usually have to use their personal cards. However, the business banking space seems like it’s also undergoing some changes.

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Traveling the world, meeting startups: What We learned

The Next Web

Many international entrepreneurs are looking at what is working in the USA and cloning them in various countries, our venue partner in Rio De Janeiro, Peixe Urbano (which means “Urban Fish” in Portuguese) is based upon the Groupon model. ’ And Startup Chile also brings hope to entrepreneurs who can’t get to Silicon Valley.

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Ukraine, Estonia, Chile, Finland: The saga of four accelerators

The Next Web

Some of the programs take equity in exchange for a seed round, some are free for participants, others work anywhere in between those two models. At the moment of writing, Seed-DB, a global database of seed stage accelerators, listed 235 programs (both active and defunct) that 5,688 startups had gone through.

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Chilean fintech Xepelin wants LatAm businesses to get paid

TechCrunch

Chile-based Xepelin aims to do the same with business-to-business payments via a SaaS payments infrastructure that includes financial information in real time, embedded financial services and data models, all to be a company’s “digital CFO” of sorts. We also want to win Mexico.”.

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

TechCrunch

Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time. 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. Chile was home to another large funding earlier this week.

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Migrante steps on the gas of vehicle leasing for gig workers in Latin America

TechCrunch

Chile-based Migrante is working to change that. Fleischmann explained that Migrante’s lending model further differentiates itself from competitors in that it uses information about work history and income to determine the kind of vehicle they need and if they have the ability to repay the loan. “We

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Instagram is testing paid subscriptions with a small group of creators

The Verge

10 creators are part of the early test, including basketball player Sedona Prince, Olympian Jordan Chiles, and astrologer Aliza Kelly. Ten creators are part of the early test, including basketball player Sedona Prince, Olympian Jordan Chiles, and astrologer Aliza Kelly.

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