article thumbnail

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.

Chile 76
article thumbnail

Yummy raises $4M, aims to be ‘super app of Venezuela’

TechCrunch

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. The total investment includes pre-seeding capital raised in 2020.

Venezuela 134
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

TechCrunch

Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. That’s up from 20,000 merchants at the start of 2020 and 80,000 at the time of its last raise in March.

Raise 103
article thumbnail

Drone data scanning company Skycatch announces a $25M raise

TechCrunch

Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker. The list includes Chile, Colombia, Peru, Brazil, Australia, Canada, the U.S., Skycatch Raises $13.2M Indonesia, China, Philippines, Thailand and Japan. In particular, the company is seeking to work with sites where connectivity is limited.

article thumbnail

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.

Chile 86
article thumbnail

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

TechCrunch

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. The investment brings Nowports’ total raised since its 2018 inception to over $24 million. Nowports raises $5.3 The company currently has offices in Mexico, Chile, Colombia, and Uruguay.

article thumbnail

Orchata raises $4M, aims to build a ‘Gopuff for Latin America’

TechCrunch

Garcia sees three different waves in this market: the first one being traditional supermarkets, where you can spend hours, which led to the second wave of food delivery companies, including some big players in the region — for example Rappi in Colombia, which in July raised $500 million in Series F funding at a $5.25

America 98