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Inventa poised to enter Mexico, Colombia with its supplier marketplace

TechCrunch

Its technology aims to provide an easier purchasing process for small businesses by recommending products based on actual transaction data and then also providing credit, in 30-, 60- and 90-day increments, to retailers. On the supplier side, they can upload products, manage pricing and see what is selling and what isn’t.

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

TechCrunch

The implementation process was estimated to be two to three weeks, but turned out to take one year. Wanting to make this an easier process, Candia joined with Ariel Díaz Ailán, whose background is in e-commerce, to create Rebill in 2020. We plan to double our team by next year and expand more in Mexico and Colombia.”.

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PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia

TechCrunch

Notably, both are based in Colombia but provide services across the Latin America region (and in the case of Ding, globally ). Department of Commerce that estimate Colombia alone to have the fifth largest e-commerce market in Latin America, which as a region is projected to reach 260.2 The company quotes figures from the U.S.

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Fintech startup Jeeves raises $57M, goes from YC to $500M valuation in one year

TechCrunch

The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . Jeeves plans to use its new capital toward its launch in Colombia, the U.K. The company says it has a current waitlist of over 15,000. and Europe. And, of course, toward more hiring.

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

TechCrunch

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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Minka raises $24M from Tiger, Kaszek to help move money more quickly across LatAm

TechCrunch

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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Beneblog: Technology Meets Society - Untitled Article

Beneblog: Technology Meets Society

Patrick Ball is in Colombia for most of the next three months teaching the techniques of human rights statistics and information processing at the National University there. Our human rights group is active all over the place right now. Africa is definitely getting more attention from us.

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