TechCrunch

MARCH 3, 2021

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. Existing backers QED, Next Billion Ventures, and Village Global also put more money in the company. . The financing — which included $2.5

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Mexico America Classes Stats 86

TechCrunch

DECEMBER 20, 2022

He met his co-founders David Hernandez and Amran Frey at Konfio, and, along with Israel Garcia, started Aviva , a Mexico-based fintech startup focused on bringing working capital to unserved communities. This has the potential to create a new middle class in Mexico and later across Latin America.”.

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TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. She discovered that many people she talked to in emerging markets were creditworthy but lacked immediate access to credit and quick loans.

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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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The Verge

DECEMBER 2, 2020

Spotify says Anchor’s top five markets in 2020, by total number of shows, were the US, Brazil, Indonesia, Mexico, and Great Britain. Meanwhile, the fastest-growing markets, looking at the average monthly increase in new shows, are India, Mexico, Brazil, Argentina, and Indonesia.

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Fast Company Tech

MARCH 18, 2025

Meanwhile, beverage giant Diageo expanded regenerative farming in Ireland for Guinnesss barley, Scotland for whisky grains, and Mexico for the agave used to produce its tequilas. If scaled nationwide, this opt-out model could turn food and utility consumers into a vast revenue base.

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TechCrunch

APRIL 21, 2021

One such startup, Tribal Credit , launched its beta in late 2019 to provide payment products for startups and small to medium-sized businesses (SMBs) in emerging markets. Brex , which has amassed $465 million in venture capital funding to date, also markets a credit card tailored for startups. Image Credits: Tribal Credit.

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TechCrunch

DECEMBER 8, 2020

With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. Valued at $10B, Nubank launches it’s Nu credit card in Mexico.

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Challenge Mexico Raise Brazil 96

TechCrunch

APRIL 27, 2022

The network was designed to connect separate legacy systems through blockchain concepts and APIs “to simplify the movement of complex money flows.”. This in turn enables them to collect, send or exchange money in real time without the need for reconciliation and with almost no cost,” Rozic told TechCrunch. “The Image Credits: Minka.

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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

JULY 15, 2022

But the market in LatAm has shifted in recent years, and with increased digital adoption, more people are opening their minds to using credit cards for payments. 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 Enter Stori.

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Story Raise Mexico America 109

The Next Web

OCTOBER 10, 2013

While they may attempt to connect local consumers to the world, they do not connect us with the local markets. And without a local market, these companies will generally not be of interest to the international investors or acquirers whose attention we desperately seek. What can the mirror tell us about the next big company?

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. while the rest are spread across Africa, Latin America and Southeast Asia, markets where they deployed more than $6 million last year. Last year, rali_cap raised $2 million, money it has since deployed.

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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. stock market and invest fractional shares.

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Mexico Raise America Money 99

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. We were built to solve emerging market problems,” García said. This round more than triples their previous valuation of $1.15

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TechCrunch

FEBRUARY 4, 2021

we take for granted the ability to invest and trade in the stock market. 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.

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TechCrunch

SEPTEMBER 2, 2021

The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . Mexico is its largest market. Next year, it’s eyeing the Asian market, and Tencent should be able to help with that strategically, he said. and The Chainsmokers’ Mantis Venture Capital.

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Colombia Raise Mexico Europe 133

The Verge

JUNE 24, 2020

In a statement, the central bank said that it had taken the decision to ensure competition in the payment system market. The suspension in WhatsApp’s second biggest market is the latest setback for Facebook’s payment ambitions. The WhatsApp payment service is also been tested in Mexico. “We percent processing fee.

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TechCrunch

JULY 21, 2021

Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer. Tech in Mexico: A confluence of Latin America, the US and Asia. The company says its model differs from that of its U.S.-based

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TechCrunch

JUNE 25, 2021

Earlier this week, The Exchange wrote about the early-stage venture capital market , with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling. Slow As, fast Bs.

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America Marketing United States Colombia 87

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

JUNE 25, 2021

Fintual is an automated passive investment platform that allows the average person in Chile or Mexico to invest in mutual funds containing ETFs (Exchange Traded Funds), investment vehicles that aren’t as well known, or as readily accessible in Latin America. It’s different than the U.S.; Assets Under Management (USD)*. Annual Growth.

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TechCrunch

SEPTEMBER 14, 2022

The company, founded in 2021, is starting in Mexico, where Terrés said around 20 million citizens travel to the United States each year. They don’t go with a card, but with $5,000 in cash and go to the exchange house in the airport, which means they lose money in the spread,” he added. Remittances between the U.S.

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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.” To be fair, it’s tough to compare the Mexican market to that of the U.S. But in Mexico, it’s a different story.

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TechCrunch

JULY 29, 2021

La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. Like the US, a two-tier venture capital market is emerging in Latin America. Image credit: La Haus.

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TechCrunch

MAY 17, 2021

As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. While QuintoAndar dominates the Brazilian market, Houm operates in Chile, Mexico and Colombia, and aims to capture the rest of Spanish-speaking LatAm.

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Chile Colombia Marketing Mexico 75

TechCrunch

MARCH 10, 2021

This morning Clara , a corporate spend-management startup focused on the Latin American market, announced its product launch and a $3.5 The company’s funding caught TechCrunch’s eye as there has been a flurry of funding for related companies serving the United States market. million pre-seed round led by General Catalyst.

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Management Raise Mexico United States 102

TechCrunch

MARCH 4, 2021

A rewards engine designed to incentivize users to save or invest money. The startup makes money through a partnership model that focuses on user activation and engagement. . The pair bonded on their joint mission of building a business that empowered people to create positive money habits and understand their finances.

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TechCrunch

AUGUST 24, 2021

Firms such as SoftBank, Tiger Global Management, Tencent, Accel, Ribbit Capital and QED Investors are pouring money into LatAm. One Mexico-based VC even declared that the story was about “talent, not capital.” Brazil and Mexico riding the gravy train. Some are even seeing more opportunity than in the U.S.

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Global Mexico America San Francisco 104

The Next Web

OCTOBER 15, 2012

Silicon Valley is made up of solely one industry: technology, whereas countries in emerging markets have existing industries, around which entrepreneurs are innovating. Speaking a good level of English is also paramount as Silicon Valley investors are now looking to emerging markets to make investments.

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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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Ecuador South America Build Brazil 99

TechCrunch

NOVEMBER 1, 2021

Chime was early in telling the market that it was EBTIDA positive , for example, unlike less profitable European neobanks. The Exchange explores startups, markets and money. Leading startups and unicorns in the market niche have raised tectonic sums of capital to get to where they are today. The Nubank EC-1.

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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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Story Mexico Raise Build 77

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. But Ethan Choi, a partner at Accel, said his firm saw in Nuvemshop the potential to be the market leader, or the “de facto” e-commerce platform, in Latin America.

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TechCrunch

APRIL 28, 2021

The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle. . “We The company has dual headquarters in Mexico City and São Paulo. It is currently focused on Mexico, Brazil, Argentina and Chile. We are receiving significant inbound for a Series B already,” he said. billion in 2023.

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Fund Mexico America Argentina 98

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. In total, Yaydoo has raised $21.5 million, Almaguer told TechCrunch.

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TechCrunch

AUGUST 30, 2021

How does the Peruvian market behave compared to the United States? Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. VCs have more money than ever, and it’s getting increasingly expensive to invest in North America. Investors should look for younger markets.

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Roles Brazil Peru United States 96