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I asked her what kind of insights could be gleaned by an anti-poverty group, say in Uruguay (to pick one country out of 50), accessing the LIS. She suggested: In Uruguay: What is the poverty rate among individuals and households (using any of a number of poverty lines – absolute or relative, national or regional)? Which are widespread?
Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. Joining them is JAM Fund and existing investors Flexport, FundersClub and Vast VC. A year ago, the company had 40 employees, and that has now grown to 175.
Henry has created an online computer science school that trains software developers from low-income backgrounds to understand technical skills and get employed. Microverse , also funded by Y Combinator, is similarly using income-sharing agreements to bring education to the masses in developing countries, including spaces in Latin America.
million in Series A funding. The round will be extended for up to $20 million to give Wonder Brands around $40 million in total funding, Federico Malek, co-founder of Wonder Brands told TechCrunch via email. Wonder Brands , an acquirer of e-commerce brands in Latin America, announced today the closing of $15.5
When he sold Brazilian online real estate marketplace VivaReal for $550 million several years ago, he had to pay more than $100 million in capital gains taxes due to incorporation errors made early on. Many called us worried and scared that funding was drying up while some had boards telling them to fire people,” Requarth recalls. “I
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.
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. . “Say they get in a car accident and can’t work for 10 days, we don’t charge them for that time.”.
More than 325 global merchants, including e-commerce retailers, SaaS companies, online travel providers and marketplaces use dLocal to accept over 600 local payment methods. DLocal connects global enterprise merchants with “billions” of emerging market consumers in 29 countries across Asia-Pacific, the Middle East, Latin America and Africa.
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. This is interesting because both Palantir and Founders Fund were co-founded by Peter Thiel.
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