TechCrunch

MARCH 22, 2021

Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020. 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.

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TechCrunch

MAY 5, 2021

Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. The news caught our attention for several reasons. Image Credits: Bitso.

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TechCrunch

APRIL 19, 2023

One San Francisco-based startup has emerged that wants to not only give travelers more options, but make traveling more affordable, and it’s just raised $15 million toward that goal. In return, she hosted over 80 nights in her Mexico City home while she was out. To date, the startup has raised a total of $26.75

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TechCrunch

MAY 12, 2021

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. Cards have an estimated payments volume of $900 billion per year, and yet 95% of these transactions are being processed by local incumbents, asserts Pomelo. This round caught our eye for a few other reasons.

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TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. For its part, SoftBank Latin America Fund described Mercado Bitcoin as a “regional leader in the crypto space” that is “ tapping into a huge local and regional addressable market.”.

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TechCrunch

JULY 6, 2021

Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, North America, and Southeast Asia. Some MAGIC portfolio companies. Here’s a scenario.

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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

OCTOBER 13, 2020

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Wind Ventures gears up to invest in startups looking at Latin America.

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TechCrunch

OCTOBER 12, 2021

Nelo , a startup founded by former Uber international growth team leads, began offering buy now, pay later services to Mexico earlier this year. And it has just raised $20 million in an effort to help it advance on that goal. With the latest Series A financing, Nelo has raised a total of $25.6 million since its 2019 inception.

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TechCrunch

AUGUST 24, 2021

The startup, whose clients include Danone, Kellogg’s, Cargill and Dole, announced today it has raised an oversubscribed $4.4 It brings Ai Palette’s total raised to $5.5 EF raises $115M new fund, aiming to create another 300-plus startups in the next three years. Both will join Ai Palette’s board.

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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. The rollout starts first with Turkey and Mexico, where prices for a subscription will be lowered to 9.90 And prices won’t be raised anywhere, just lowered.

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TechCrunch

MARCH 25, 2021

Europe, LatAm and Europe, today announced that it has raised a $20 million Series B funding round led by Redpoint eventures. It opened campuses in Mexico and Peru, for example. “Raising funds is helping us support and accelerate our vision of creating this ‘OS of education.’

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TechCrunch

OCTOBER 7, 2021

PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. That is when we started PideDirecto, to enable local businesses to scale their direct-to-consumer sales channels,” Fawzi said. “We

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TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Other participating investors include 500 Global and MSAS. Fergany also said Convertedin is eyeing South Africa and India too. “We

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TechCrunch

OCTOBER 5, 2021

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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TechCrunch

DECEMBER 2, 2021

Manuel Rodriguez Dao, co-founder and CEO of Mexico City-based Meru.com , and co-founder Federico Moscato, learned this the hard way when they were sourcing goods for another company and faced problems, among them getting the items that were originally offered. To date, the company raised $17 million.

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TechCrunch

AUGUST 2, 2022

Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. With its new capital, Mudafy’s immediate priority is to expand to more cities in Mexico, a market it entered in 2020. In total, the startup has raised $13 million.

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TechCrunch

FEBRUARY 16, 2021

Valoreo , a Mexico City-based acquirer of e-commerce businesses, announced Tuesday that it has raised $50 million of equity and debt financing in a seed funding round. The company’s model is similar to that of Thrasio — which just raised another $750 million – – and Perch in the U.S. How it works.

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TechCrunch

APRIL 7, 2022

Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A.

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TechCrunch

APRIL 20, 2022

The Mexico City-based company created a software and gig collaborators marketplace to solve two areas: providing retailers with workers to fulfill those orders and providing a flexible way for independent workers to earn regular income. We first connected with the pair back in 2019 when they had raised $4.4

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TechCrunch

APRIL 27, 2022

With the raise of new capital, however, we will also offer a self-service SaaS to fintechs soon.”. “We In that process, it came in contact with the central bank and the local ACH, and then won an RFP to automate Colombia’s payments infrastructure. To date, the company has raised a total of $27.5 million.

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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. And now, Fondeadora is adding $14 million on top of the original $14 million it had already raised — it now represents a $28 million funding round. There’s room for plenty of local players around the world.

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TechCrunch

AUGUST 30, 2021

For good reason, too: Startups have raised $9.3 Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. What this tells us is that foreign investors would do well to keep a sharp eye on emerging opportunities beyond heavily covered markets like Brazil and Mexico.

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TechCrunch

JULY 21, 2022

In Treggo’s case, developing technology to make urban shipments in Argentina, Mexico and Chile easier and for merchants of any size can provide an Amazon-like service for their customers. Sixty-two percent of the sector is dominated by small and local last-mile providers,” he added. Today, the company announced it raised an extra $1.7

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TechCrunch

AUGUST 31, 2021

Quiet Capital, Preface Ventures, FJ Labs, AforeVC and K50 Ventures also put money in the latest round, which brings Osana’s total raised over its lifetime to $26.5 Most software vendors are small or medium-sized local vendors, who have not crossed into other Latin American geographies, Taneja pointed out.

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TechCrunch

FEBRUARY 2, 2023

Growing up in Mexico City, Pamela Valdes says she was a bullied child who was inspired by stories her parents told of other bullied individuals, such as Bill Gates, who went on to be very successful. The company went on to raise pre-seed and seed money from investors such as Greylock and Accel. It worked, up to a point.

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TechCrunch

APRIL 8, 2022

T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil.

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TechCrunch

JUNE 7, 2022

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 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. Europe, APAC and Brazil.

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TechCrunch

JANUARY 13, 2022

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. They applied to Y Combinator, raised a seed round and went back to Colombia to create a program and courses that launched in January 2019.

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TechCrunch

DECEMBER 2, 2021

The company took in $260 million in Series B, just five months after raising $170 million in Series A funding that was led by GGV Capital, Balderton Capital and Tiger Global Management. We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July,” he said. Image Credits: JOKR.

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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.”. Image Credits: Vest. Because Vest is structured as a U.S.

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TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.

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Connection Cafe

OCTOBER 26, 2017

One day can make a difference and New Mexico State University (NMSU) can prove it! We had goals to increase total giving to the NMSU system, increase alumni giving rates, see participation of 1,000 donors, add endowments for colleges, departments and units across the system and establish communication partnerships with local businesses.

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TechCrunch

JUNE 14, 2021

Just last week, this Brazilian credit card and banking fintech raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, becoming one of the most valuable startups in the world. It has 40 million users across Brazil, as well as Mexico and Colombia. We’re always iterating on the EC-1 format.

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TechCrunch

NOVEMBER 30, 2022

such as the Caribbean, Mexico and Puerto Rico that it plans to eventually further expand into new geographies such as Europe and the Asia-Pacific region. Interestingly, the majority of ResortPass’s users are locals who want to experience the amenities of hotels in their own or nearby cities. the valuation of the last round.”.

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TechCrunch

SEPTEMBER 1, 2022

Draftea’s founder, Alán Jaime Misrahi, played soccer in Mexico’s third division before attending Stanford for his MBA and launching Draftea. Mexico is the second-biggest market globally for the NFL, Jaime Misrahi told TechCrunch in an interview. We’re truly passionate about sports in Mexico,” Jaime Misrahi said.

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TechCrunch

JUNE 2, 2021

JOKR , founded by Ralf Wenzel (the same guy who founded Foodpanda, which later merged with Delivery Hero), promises delivery in 15 minutes or less, with no order minimums, and a selection of products that you might find in the local deli or convenience store. It’s unclear how much the startup has raised.

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