TechCrunch

APRIL 16, 2021

Enter Nelo , a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. With the latest capital infusion, Nelo has raised a total of $5.6 For example, China was a leader in mobile payments and digital finance in India was completely transformed.”. Stori raises $32.5M

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TechCrunch

JULY 15, 2022

But the market in LatAm has shifted in recent years, and with increased digital adoption, more people are opening their minds to using credit cards for payments. The startup, which offers credit cards to underserved populations in Mexico, told TechCrunch it has raised an additional $50 million in equity at a $1.2 Enter Stori.

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TechCrunch

FEBRUARY 9, 2021

Jüsto , an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest Series A raised in Latin America in the past decade.

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TechCrunch

MARCH 3, 2021

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. million in debt from Banco Sabadell Mexico — brings minu’s total raised since its 2019 inception to a total of $20 million. .

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TechCrunch

JANUARY 10, 2022

Roberto Cebrián and David Villarreal both had experience working with restaurants in Mexico and recognized that many restaurants were not prepared to change their operations quickly, so they jumped on the opportunity to help them. million, led by F Prime Capital, to continue developing ParrotConnect and expand its footprint in Mexico.

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TechCrunch

DECEMBER 8, 2020

With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. Valued at $10B, Nubank launches it’s Nu credit card in Mexico.

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TechCrunch

JULY 21, 2021

Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer. Tech in Mexico: A confluence of Latin America, the US and Asia. The company says its model differs from that of its U.S.

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TechCrunch

APRIL 21, 2021

The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each other digitally. Today, Tribal Credit announced it has raised $34.3 The raise follows “ 10x” year-over-year growth, according to CEO and co-founder Amr Shady.

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TechCrunch

JULY 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports raises $5.3

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TechCrunch

SEPTEMBER 1, 2021

had raised a total $10 million in equity and $25 million in debt. Founded in July 2019, Mexico City-based Flat.mx Founded in July 2019, Mexico City-based Flat.mx That September, the proptech startup had raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande.

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TechCrunch

NOVEMBER 26, 2021

Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. Financial and digital inclusion transform economies. And there’s now Jefa offering digital accounts for women.

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TechCrunch

AUGUST 17, 2021

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.

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TechCrunch

JUNE 9, 2022

Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. The raise follows a period of hyper-growth for the company. In total, the company has raised over $150 million in equity funding since its 2019 inception. Image Credits: Klar.

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TechCrunch

AUGUST 25, 2021

Flink , a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Since its 2017 inception, the startup has raised nearly $70 million.

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TechCrunch

NOVEMBER 11, 2021

Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. With the latest round, Houm has raised a total of $45 million since its inception.

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TechCrunch

MARCH 10, 2021

Ramp raises $30M as the battle to own corporate spend heats up. The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a stint at Stanford, eventually moving back to Mexico and working on a micromobility startup called Uva Scooters.

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TechCrunch

JUNE 1, 2021

And now the Brazilian regtech has raised $38 million in a Series C round led by Endurance. GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million. Image Credits: idwall.

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TechCrunch

MARCH 22, 2021

With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020.

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TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. With the latest round, São Paulo-based InstaCarro has now raised more than $56 million since its 2015 inception. Indonesia and Mexico,” Nordin said. Notably, U.S.-based to the U.K.,

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TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. Then in 2020, the company issued Futecoin, the world’s first digital asset based on FIFA’s solidarity mechanism. . “We Today, Mercado Bitcoin has about 500 employees.

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TechCrunch

MAY 12, 2021

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. Latin America’s digital transformation is making up for lost time.

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TechCrunch

MAY 26, 2021

If they didn’t use much technology before, they were suddenly being forced to, as so many things shifted to digital last year in response to the COVID-19 pandemic. Notably, the round triples the company’s valuation to $1.875 billion compared to its $625 million valuation at the time of its Series C raise last September.

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TechCrunch

DECEMBER 18, 2020

When an accident on a building site resulted in the death of their friend, the founders of Safesight were inspired to launch the platform to digitize safety programs for construction. To date, it has raised $20.5 Foresight now covers Nevada, Oklahoma, Arizona, Arkansas, Louisiana and New Mexico.

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TechCrunch

MAY 24, 2021

And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments.

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TechCrunch

FEBRUARY 15, 2022

Mundi, a financial services platform for cross-border trade, announced today it has raised $16 million in a Series A funding round led by Union Square Ventures. . While it is remote first, Mundi does have operations in Mexico City. The startup built its platform from scratch with the goal of underwriting SME exporters in Mexico.

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TechCrunch

NOVEMBER 10, 2021

As food operators themselves, they saw firsthand last year the toll it was taking on restaurants that needed to quickly reinvent themselves during the pandemic, but weren’t sure how to start integrating digitalization into their businesses. We feel ready to go into the mass market,” Grandes, co-founder and co-CEO, told TechCrunch.

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TechCrunch

APRIL 27, 2022

The Brazil-based company offers a digital marketplace to connect small and medium-sized companies with suppliers to discover and purchase new inventory. And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year. million seed round.

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TechCrunch

FEBRUARY 25, 2021

In Mexico in particular, cash remains the dominant method of payment with an estimated 86% of all payments being in the form of cash. According to one recent study , Mexico topped the list of the world’s fastest growing e-commerce markets. And for the founders of Mexico City-based startup Stori , they spell opportunity.

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TechCrunch

MAY 2, 2022

Fintech companies and other entities have moved the needle for consumer payments in Latin America, particularly during the global pandemic, prompting consumers to be more comfortable with digital payments. We can still grow a lot in Chile and Mexico, so it is more like when is the best time to go to other LatAm countries,” Kreis added. “We

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TechCrunch

OCTOBER 13, 2020

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Latin America’s digital transformation is making up for lost time.

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TechCrunch

SEPTEMBER 8, 2021

In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. We also refocused the business on e-commerce and digital payments, and we haven’t looked back since then.”. Colombian point-of-sale lender ADDI nabs $12.5

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TechCrunch

OCTOBER 12, 2021

Nelo , a startup founded by former Uber international growth team leads, began offering buy now, pay later services to Mexico earlier this year. And it has just raised $20 million in an effort to help it advance on that goal. With the latest Series A financing, Nelo has raised a total of $25.6 million since its 2019 inception.

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TechCrunch

AUGUST 2, 2021

The Mexico City-based B2B software and payments company provides three products, VendorPlace , P-Card and PorCobrar , for managing cash flow, optimizing access to smart liquidity, and connecting small, midsize and large businesses to an ecosystem of digital tools. In total, Yaydoo has raised $21.5

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TechCrunch

MARCH 4, 2021

And today, it announced that it has raised $6 million in Series A funding. Besides its digital focus, Oschin said said Elenas is better for the resellers because there’s less risk: “We don’t hold inventory for the company, which is very different than traditional direct sales, and our entrepreneurs don’t ever hold inventory.”

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TechCrunch

APRIL 19, 2022

The digital transformation of banking and payments services is a red-hot trend that’s shown no signs of slowing down. The fundraise marks a personal achievement for Perez, too, as a Latina female founder with venture backing; less than 2% of venture dollars raised in 2021 went to all-female founding teams, data from Pitchbook showed.

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TechCrunch

JUNE 29, 2021

The latest such startup to raise capital is Forum Brands , which today announced it has raised $27 million in equity funding for its technology-driven e-commerce acquisition platform. . In May, that startup raised $160 million in debt and equity to scale its business. Forum Brands founding team. Image Credits: Forum Brands.

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TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Convertedin’s revenues from these businesses have been growing in “double-digits” month-over-month, Fergany said.

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