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

TechCrunch

Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. There is a huge opportunity to do what local investors did in Brazil and Mexico years ago, and play a significant role in the next chapter of countries with blossoming markets like Colombia, Peru or Uruguay.

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4 ways to ensure Latin America’s growing pot of capital drives long-term growth

TechCrunch

In addition, Parallel18 released a talent app for freelancers, students and professionals to find and apply to work with local international startups. Giving local populations more opportunities to start small online businesses would stimulate new income streams to support their families and communities.

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

TechCrunch

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.

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

TechCrunch

.” 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. Samira — while declining to give Astro developers’ average salary compared to U.S.

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

TechCrunch

Latin American nocnoc raises $7M seed round to help global sellers connect with local marketplaces across LatAm. Now, dLocal and AstroPay co-founder Sergio Fogel has teamed up with AstroPay’s former head of product, Gonzalo Strauss, to launch another fintech out of Montevideo, Uruguay, called Datanomik.

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