TechCrunch

MAY 17, 2021

As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. While QuintoAndar dominates the Brazilian market, Houm operates in Chile, Mexico and Colombia, and aims to capture the rest of Spanish-speaking LatAm.

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TechCrunch

JULY 29, 2021

The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users. Merqueo also reached positive cash flow in Colombia, its most mature market. Image Credits: Merqueo.

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TechCrunch

FEBRUARY 3, 2022

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .

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TechCrunch

JUNE 25, 2021

Earlier this week, The Exchange wrote about the early-stage venture capital market , with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling.

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TechCrunch

APRIL 17, 2023

How it works is by engaging remote talent from emerging markets which can now (because of the acceptance of remote working, post-pandemic) participate in much higher value roles in finance, strategy, and public policy. We are addressing the gap in the market between traditional consulting firms and freelance portals.”

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TechCrunch

OCTOBER 27, 2020

And that’s just in Colombia alone, said Lafaurie. The company will soon open operations in Ecuador, which Lafaurie said was the second-largest hardware market (per capita) in Latin America. “Colombia was the most-locked-down country in the whole world.

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TechCrunch

APRIL 27, 2022

In its home country of Colombia, the startup has already had an impact. It partnered with ACH Colombia to work on The Transfiya project, which includes direct read and write API access to 80% of the accounts in the country. Rozic said he was inspired to start Minka when he moved to Colombia five years ago. “I

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TechCrunch

MAY 23, 2022

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. We’re excited to expand into Colombia and are identifying additional regions throughout LatAm,” he added. “We

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The Verge

JUNE 30, 2020

Spotify is launching a new real-time lyrics feature in 26 markets today, including India and countries in Southeast Asia and Latin America, TechCrunch reports. There’s no word on if or when the new real-time lyrics feature might expand beyond the new markets. Illustration by Alex Castro / The Verge.

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TechCrunch

NOVEMBER 1, 2021

Chime was early in telling the market that it was EBTIDA positive , for example, unlike less profitable European neobanks. The Exchange explores startups, markets and money. Leading startups and unicorns in the market niche have raised tectonic sums of capital to get to where they are today. But what did all that cash buy them?

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TechCrunch

JANUARY 13, 2022

Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.” They applied to Y Combinator, raised a seed round and went back to Colombia to create a program and courses that launched in January 2019. “In

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TechCrunch

JULY 26, 2021

Brazil, Argentina, Chile and Colombia. In fact, the market for alternative meat, eggs, dairy and seafood products is predicted to reach $290 billion by 2035, according to research by Boston Consulting Group and Blue Horizon Corp. He expects to have 50% of its business coming from the U.S. over the next three years.

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TechCrunch

OCTOBER 11, 2022

Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in our Latin American Startup Battlefield that year) to move the traditional independent sales process online. We are convinced that we are backing the right team in the right market and at the right time.”.

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TechCrunch

FEBRUARY 10, 2022

Brazil and Mexico continue to lead as regions where many startups are getting funding, but as LAVCA’s statistics show, some of that investor love is being spread around to other countries like Colombia, Argentina and Chile. market in the verticals of e-commerce, marketplaces, fintech and software.

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TechCrunch

OCTOBER 27, 2021

billion in capital, with investors such as Sequoia Capital, Tencent, Ribbit Capital, Kaszek, QED Investors and others, At that time, Nu had 40 million users across Brazil, Mexico and Colombia. Earlier this month, Business Insider reported that Nubank had turned its first-ever half-year profit in its home market.

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TechCrunch

FEBRUARY 11, 2021

The company, based in Bogotá, Colombia and currently sporting a team of 13, is working to bring digital transformation to the smallest of enterprises: namely single-operator small stores. Lockdown in Colombia forced many small businesses online in a hurry. The startup is onto something. How is it managing to grow so quickly?

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TechCrunch

JULY 8, 2022

They also recently brought on Jose Jorge Molina, who was previously chief marketing officer for Bitso, to join the founding team to lead marketing. E-commerce is a hot market in Latin America, with the founders estimating it will grow 30% each year. This is a big market opportunity, in some ways more compelling than the U.S.

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TechCrunch

MARCH 2, 2022

When we last reported on the company in 2021, it was operating in 40 markets and is now in 60 markets across Mexico, Colombia, Chile and Peru, with a goal of opening in two more countries, yet to be determined, this year. It is also working with over 120,000 customers, mainly business-to-business companies.

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TechCrunch

APRIL 16, 2021

Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. .

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TechCrunch

JULY 26, 2022

The Latin American startup market, once among the hottest in the world , is cooling. But its slowdown is far from uniform; some countries are surviving the downturn far better than others, data reveals.

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TechCrunch

JULY 22, 2021

That leaves major Spanish countries like Mexico, Colombia, Chile and Argentina without a leading independent last-mile logistics company. In these countries, about 60% of the last-mile delivery market is dominated by small, informal companies or independent drivers using their own trucks.

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TechCrunch

APRIL 12, 2023

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala , a Colombia-based company building fintech infrastructure for lending. Our goal is to increase financial inclusion in Latin America and empower small banks and credit unions to serve the underserved markets.”

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TechCrunch

AUGUST 26, 2021

While there, they came up with a way to use A/B testing to create a way of dealing with payments in different markets. Tabor explained that the e-commerce landscape in Latin America was consolidated, meaning few banks controlled more of the market. He has identified Mexico, Colombia and Argentina as potential new markets.

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TechCrunch

AUGUST 30, 2021

How does the Peruvian market behave compared to the United States? Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. Investors should look for younger markets. This is not very different from the timeline of businesses in other markets such as the United States.

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TechCrunch

JUNE 14, 2021

It has one of the largest and most profitable banking industries in Latin America, and is among the world’s most developed financial markets. Brazil’s banking system is a massive market, and one ill-served by incumbents. It has 40 million users across Brazil, as well as Mexico and Colombia.

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TechCrunch

APRIL 7, 2021

Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. We were built to solve emerging market problems,” García said. This round more than triples their previous valuation of $1.15

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TechCrunch

MARCH 25, 2021

The list includes Chile, Colombia, Peru, Brazil, Australia, Canada, the U.S., It typically is owned by the laser scanning market,” says Sanz. “The The funds will go toward expanding the 50-person company’s sales and marketing team — both of which have been fairly small portions of the company’s overall headcount.

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TechCrunch

MARCH 29, 2022

Initially starting in Venezuela, now with $30 million in Series A funding and $80 million in a debt facility, it is moving into both Colombia and Mexico. As mentioned, the latest funding enables Migrante to launch in Colombia and Mexico and offer new products, including rent-to-own and electric vehicle financing products.

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TechCrunch

MARCH 22, 2021

But Ethan Choi, a partner at Accel, said his firm saw in Nuvemshop the potential to be the market leader, or the “de facto” e-commerce platform, in Latin America. On top of that, the $85 billion e-commerce market in Latin America is growing rapidly with projections of it reaching $116.2 Separate markets require distinct knowledge.

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TechCrunch

JULY 21, 2021

It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring. based competitors (such as Thrasio and Perch) in that it is tailored to “the specific needs of the Latin American market and is specifically focused on the Latin American end customer.”.

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TechCrunch

APRIL 8, 2022

The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. While its headquarters are located in Cali, Colombia, Muniz said Truora’s new main focus, or highest growing office, is Mexico City. WhatsApp is very commonly used across Latin America by an estimated 80% to 90% of the population. “By

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TechCrunch

AUGUST 13, 2021

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

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TechCrunch

SEPTEMBER 12, 2022

market, it might seem impossible for a payment orchestration startup to succeed in the fragmented markets of Latin America. For LatAm payment orchestration startups, market fragmentation is a blessing in disguise by Ram Iyer originally published on TechCrunch.

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TechCrunch

OCTOBER 7, 2021

PideDirecto charges customers like a SaaS model, with pricing starting at $1,900 a month, which includes delivery service and marketing tools. Other levels include a website, unlimited ordering and advanced marketing tools. Delivery fees are paid by the consumer, Fawzi said.

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TechCrunch

JANUARY 7, 2022

million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. Bfree is now on a massive recruitment drive for the 16 new markets in which it is setting up operations, including Ghana, India, Uganda, Brazil, Colombia, Mexico, Russia, Poland, Pakistan and Indonesia.

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TechCrunch

MARCH 22, 2022

From Lolita Taub taking a community-first focus in venture capitalism to Archive tapping into community for marketing buying power. Muni has operations in Colombia, Mexico and Brazil, and over 15,000 community leaders utilize the service, which has grown 20% month over month since its launch in June 2020.

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TechCrunch

NOVEMBER 18, 2021

The Colombia-based company is taking on some of that inventory burden by providing access to inventory at lower prices and often same-day delivery on thousands of products. Those results are what triggered the company going into the market and looking for capital to keep the pace, Bonilla said.

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