TechCrunch

NOVEMBER 15, 2021

Prior to Aplazo, Peña lived in New York and worked at Morgan Stanley investing in credit in Mexico, while Wieland had been launching businesses across Latin America after spending time at companies like Uber and Lime. However, credit penetration in Mexico is low, less than 10% , due to lack of trust in the banking system, he added.

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TechCrunch

JULY 6, 2021

As Ravikant puts it, “founders want to know that the people they are taking money from have first-hand experience.” . The idea was to bring global founders together with diverse skillsets in diverse industries and geographies to evaluate deals better and drive value for each other. Fund of micro funds but more than money.

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The Verge

MAY 17, 2021

Most countries outside of the US will be getting lower prices that will be localized to their specific country, starting with Turkey and Mexico on May 20th. Those lower prices will mean less money for streamers, but Twitch believes they’ll translate to more subscribers and higher earnings in the long run.

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TechCrunch

SEPTEMBER 30, 2021

million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. Tiger Global Management also participated in the financing, along with existing backers Haystack, Homebrew, Audacious, Susa Ventures and J Ventures. In Mexico, companies don’t get paid on time,” Corcuera said.

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TechCrunch

APRIL 27, 2022

Bogota-based payments infrastructure startup Minka has secured $24 million in a funding round co-led by Tiger Global Management and Kaszek. The network was designed to connect separate legacy systems through blockchain concepts and APIs “to simplify the movement of complex money flows.”. Image Credits: Minka.

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TechCrunch

JUNE 29, 2021

billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. Notably, the 38-year-old Silicon Valley-based venture firm is doubling down on global investing. billion global “Leaders” fund that is focused on later-stage investing that Accel closed in December.

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TechCrunch

MAY 5, 2022

.” We’ve also seen this play out with angel investors who have become prominent solo venture capitalists like Olumide Soyombo of Voltron Capital — and globally, Elad Gil and Lachy Groom. Last year, rali_cap raised $2 million, money it has since deployed.

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TechCrunch

SEPTEMBER 2, 2021

Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. .

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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. Existing backers Accel, ALLVP, Clocktower and new investor Mantis Venture Capital (founded by The Chainsmokers) also put money in the Series B. Flink has 110 employees, up from 25 people a year ago today.

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TechCrunch

JANUARY 20, 2021

The Miami-based company (with locations in Amsterdam, Barcelona, Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and São Paulo) said it will use the money to build out more virtual offerings to complement the company’s campuses. Over the next five years, 13 million jobs will be added to the tech industry in the U.S.,

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TechCrunch

JULY 15, 2022

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 Stori launched its credit card product in Mexico in January 2020. million customers in Mexico, which it claims is up “over 3x” from the prior year. Enter Stori.

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The Next Web

OCTOBER 15, 2012

Startups are aiming for a global, not local market. It was surprising many startups are aiming for a global, not local market. The internet has no barriers when it comes to reaching an international user base and these startups are capitalizing on being able to have a global reach. Many female entrepreneurs.

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TechCrunch

AUGUST 31, 2021

Startups are hard work, but the complexities of global supply chains can make running hardware companies especially difficult. Instead of existing within a codebase behind a screen, the key components of your hardware product can be scattered around the world, subject to the volatility of the global economy.

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TechCrunch

OCTOBER 19, 2021

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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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. Today, the company announced the close of a $20.4

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TechCrunch

OCTOBER 6, 2021

Tiger Global Management led the round, with existing investors GFC, Elevar Equity, Kevin Efrusy, David Velez, FJ Labs and H2O participating. It also doesn’t cost entrepreneurs any money to work with Favo. He added that Tiger Global has already helped put the company on the right path.

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TechCrunch

APRIL 7, 2021

Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. It took me six months to buy the car, and then the car had legal and mechanical issues and I lost most of my money,” he said.

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TechCrunch

FEBRUARY 4, 2021

So while we can get in an uproar about the various ways Robinhood may or may not be acting responsibly, it can be easy to forget that not everyone in the world has the same access to potentially making — or losing — money via trading as we do. In Mexico in particular, there are far fewer banks than the thousands the U.S.

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TechCrunch

MARCH 15, 2021

Fondeadora , a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. Google’s Gradient Ventures, an existing investor in the company, is putting more money in Fondeadora. As most people still rely heavily on cash in Mexico, creating a challenger bank represents a good opportunity.

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TechCrunch

APRIL 21, 2021

Existing backers BECO Capital, Global Ventures, OTG Ventures and Endure Capital also participated in the round, along with new investor Endeavor Catalyst. Companies in this new economy are digital and global first. We’re incredibly excited by the future ahead of us in Mexico and beyond.” .

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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. When Klar originally started, its mission was to become the “Chime of Mexico.” But in Mexico, it’s a different story. ‘We And as for its original mission to be the “Chime of Mexico?”

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TechCrunch

JUNE 1, 2021

Unlike many other fintechs in Latam that are out to help the unbanked, Kushki works behind the scenes building the tech infrastructure that companies like Nubank use to transfer money. We realized there was a gigantic opportunity to democratize and create infrastructure to move money,” Schwarzkopf told TechCrunch. “We

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TechCrunch

MAY 24, 2021

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way. And Kaszek has been at the heart of it all.

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TechCrunch

AUGUST 30, 2022

MEDU , a Mexico-based startup, wants to reduce that waste and replace single-wear medical garments through the creation of a line of sustainable, virus-resistant reusable pieces, including surgical gowns, head coverings and full-body suits. Tiger Global backs bttn, leading e-commerce infiltration of medical supplies.

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The Verge

DECEMBER 2, 2020

But Mike Mignano, head of podcast mission at Spotify, says the data point speaks to the large global podcasting ecosystem that people might not know exists. Spotify says Anchor’s top five markets in 2020, by total number of shows, were the US, Brazil, Indonesia, Mexico, and Great Britain.

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Beth's Blog: How Nonprofits Can Use Social Media

SEPTEMBER 12, 2011

Note from Beth: My colleague, Daniel Ben-Horin, from TechSoup Global has been in the nonprofit technology for decades. Seven thousand young Mexican geeks attended the 3rd Mexican Campus party July 18-25 in Mexico. In Mexico, donated and branded by Movistar). He has seen it all. Like Burning Man , people camp.

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TechCrunch

AUGUST 30, 2021

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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TechCrunch

JUNE 7, 2022

The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Since then, we have just gotten more ambitious and continued to grow so we needed more money to fuel more growth,” Schwarzkopf said in an interview with TechCrunch. Europe, APAC and Brazil.

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TechCrunch

JUNE 2, 2021

Jeeves, which is building an “all-in-one expense management platform” for global startups , is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing. . The startup’s offering is currently live in Mexico — its largest market — as well as Colombia, Canada and the U.S.,

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TechCrunch

APRIL 8, 2022

Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money. . Those customers include Rappi, Clara, Bancolombia, Adelantos, Mercado Libre, Didi, Homie and Global 66. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco.

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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

JANUARY 26, 2022

CEO and co-founder Aaron Polhamus said he, Miguel Arroyo and Jaime Rodas were driven to start Mexico City-based Vest in December 2020 because of their belief that while Latin Americans work hard for their savings, “historically their savings have not worked hard for them.”. It is valued at $22 million, post-money. “We

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TechCrunch

AUGUST 30, 2021

Kocomo is a Mexico City-based startup that wants to help make that dream a reality. We are focused initially on Americans and Canadians wanting to buy a vacation home in Mexico, the Caribbean and Costa Rica and then eventually we will be doing the same in Europe,” said Martin Schrimpff, co-founder and CEO of Kocomo.

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TechCrunch

NOVEMBER 11, 2021

Fifth Wall also participated in the financing, along with existing backers OneVC, Elad Gil, Liu Jang and new investors Fen Ventures, Broadhaven and Rahul Mehta, managing partner at DST Global. The startup had used its seed capital to expand and consolidate in Bogota, Colombia, and Mexico City. (It

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TechCrunch

FEBRUARY 18, 2022

ICON, which creates homes using 3D printing, has raised an additional $185 million in a round led by Tiger Global Management, TechCrunch has learned exclusively. and Mexico. For example, in 2020, ICON delivered 3D-printed homes in Mexico with nonprofit partner New Story.

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TechCrunch

APRIL 13, 2022

That global venture capital slowed down in Q1 2022 might no longer be news to you. But global numbers can hide diverging realities around the world, and a closer look at regional data shows us that it is indeed the case. based and Asian startups did decline, in line with the global trend. Brazil: $1.5

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TechCrunch

JANUARY 28, 2021

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors.

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