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Imagine how my mind has been blown by learning about a huge international income database that has microdata on millions of households from more than 50 countries, all harmonized to make the same kinds of analyses possible across any of these countries! employment attachment and educational level of adult household members?
To make the school more affordable, Henry looks to take on the same strategy used by Lambda School, a YC-graduate that has raised over $122 million in known funding: income-share agreements. Internally, Henry’s remote team is 20% women, 64% men. As edtech grows cash rich, some lessons for early stage.
The funding announcement includes $600,000 from a pre-seed tranche. A look at all 35 international fintech startups at YC’s winter 2022 Demo Day. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. Rebill , an Argentina-based startup, raised $3.6
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.
Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. The financing marks a16z’s first investment in Uruguay, and one of its biggest seed rounds in Latin America.
Small and medium-sized businesses in Latin America can find it difficult to get the funds they need to export their goods to the United States. Marco was backed last September by a small seed round from Struck Capital and Antler and over $20 million in a credit facility underwritten by Arcadia Funds.
Big funds are now dedicating resources to exclusively targeting Latin America, from SoftBank creating a region-specific fund, to Sequoia saying it will pay more attention to the region. VCs have more money than ever, and it’s getting increasingly expensive to invest in North America. investors remain shy.
The growth has caught the eyes and pockets of foreign investors, too, with SoftBank announcing its Latin America Fund II, committing $3 billion to tech companies there. The more funds contribute to GDP, the greater potential there is to fuel a new era of development, where more people have access to employment, wealth and education.
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Fundings across the globe. Profitable since 2010, the bank is also ready for an international expansion.
Leasy plans to use the data it has collected internally for a predictive analytic model to estimate when people are most likely to default. The funds will be used to help the company and aid it in expanding out of its home country of Peru, starting with Mexico and then to markets like Colombia and Chile.
Astro , a startup helping companies to build and manage developer teams with talent from Latin America, today exited from stealth with $13 million in Series A funding contributed by Greycroft with participation by Obvious Ventures and other unnamed investors. ” Astro plans to use its warchest — $15.9
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