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Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

TechCrunch

We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. At that time, CEO Ricardo Weder told TechCrunch that the company, which was founded in 2019, weathered the first year of the global pandemic well, seeing 2020 revenue increase 16-fold. is poised to be a $187.7

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. It also plans to use the money to accelerate its geographic expansion into additional markets across Latin America, including Peru, Ecuador and Chile.

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Tiger Global, YC back Rebill’s subscription payment platform for Latin America

TechCrunch

Rebill , an Argentina-based startup, raised $3.6 The $3 million seed round was led by Tiger Global Management and included Y Combinator, Soma Capital, SV Angel and a group of angel investors, including Dropbox co-founder Arash Ferdowsi and Vercel founder Guillermo Rauch. “We

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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

Having just raised $30 million in a Series C round in October and achieving profitability in 2020, the Nuvemshop team was not looking for more capital. The company declined to reveal at what valuation this latest round was raised but it is notable that its Series D is triple the size of its Series C, raised just over six months prior.

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From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform

TechCrunch

Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.

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Fintech NovoPayment raises first venture round in 15 years to expand its full-stack banking API platform

TechCrunch

NovoPayment is a global BaaS startup based in Miami that has largely been focused on offering its API platform to customers in the Latin American market. Banking-as-a-service (BaaS) products like Synapse , Unit , and Bond have helped fuel the shift by allowing companies to quickly spin up new financial services using APIs.

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Orchata raises $4M, aims to build a ‘Gopuff for Latin America’

TechCrunch

billion by 2024, with the global pandemic driving demand for faster delivery, according to Statista. Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation. Garcia is also eyeing Colombia, Brazil, Peru and Chile for future expansion. billion valuation in a round led by T.

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