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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. This region has a global outlook, spectacular universities, a diverse population and an army of entrepreneurs. Ricardo Sangion.

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Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise

TechCrunch

Alkeon Capital led the latest round, which also included participation from BOND, D1 Capital Partners, and Tiger Global. General Atlantic led its previous round , which closed last September and made dLocal Uruguay’s first unicorn and one of Latin American’s highest-valued startups.

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Glovo to double down African investment in the next 12 months — but will it stay put?

TechCrunch

Co-founder Sacha Michaud believes these markets are currently underserved, and Glovo has found the right opportunity to work with local restaurants, bringing them online to reach new customers in a bid to “make everything, within all towns and cities, available to everyone.” million people.

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Astro emerges from stealth to connect Latin American developers with US tech companies

TechCrunch

Labor Department estimating that the global shortage of software engineers could reach 85.2 ” Samira and Astro co-launched Astro as Austin Software in 2018 in an effort to overcome these roadblocks to recruiting developer talent in Latin America, specifically countries like Colombia, Chile, Argentina, Uruguay and Mexico.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

Other backers include Index Ventures, Susa Ventures and Global Founders Capital. Latin American nocnoc raises $7M seed round to help global sellers connect with local marketplaces across LatAm. Igor Khmel is CEO of SaveChain, a new neobank for underbanked people globally to open U.S. bank accounts.

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