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.

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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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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

SEPTEMBER 30, 2021

Just six months after raising $3.3 million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. A number of angel investors also put money in the round, including Stripe COO Claire Hughes-Johnson and Cristina Cordova, former head of partnerships at Stripe. .

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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. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Since its 2017 inception, the startup has raised nearly $70 million.

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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. The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million.

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TechCrunch

MARCH 10, 2021

Ramp raises $30M as the battle to own corporate spend heats up. The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a stint at Stanford, eventually moving back to Mexico and working on a micromobility startup called Uva Scooters.

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TechCrunch

MARCH 4, 2021

Berkeley-based fintech Flourish has raised $1.5 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. . Mexico and Brazil. -based investors backing Latin American startups. based startups.

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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

JUNE 14, 2021

So, Campos set out to conduct a bigger sample of experiments, and raised about $10,000 via a crowdfunding campaign. With that money, she hired a developer to build a chatbot for her app, which was mostly being used via Facebook Messenger. Today, Yana is about to hit the 5 million-user mark and is also announcing it has raised $1.5

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TechCrunch

JULY 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports raises $5.3

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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

AUGUST 16, 2022

Instead of sending money to his family once a year — a costly, fee-heavy affair — why can’t he just leave his credit card there? Pomelo, Frenkiel’s new startup launching out of stealth today, wants to make it easier to send remittance payments and conduct international money transfers, with a credit twist. Oh, fintech.

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TechCrunch

APRIL 21, 2021

Today, Tribal Credit announced it has raised $34.3 The raise follows “ 10x” year-over-year growth, according to CEO and co-founder Amr Shady. .” ” Tribal’s initial efforts are focused on Latin America, in particular Mexico, which is the startup’s biggest market. Tribal Credit previously raised $7.8

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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. Interestingly, no money is exchanged between members, who pay Kindred a fee to have the ability to allow someone to stay in their home and vice versa.

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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.

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TechCrunch

NOVEMBER 11, 2021

Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. With the latest round, Houm has raised a total of $45 million since its inception.

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TechCrunch

JANUARY 14, 2021

Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it. . The company, already backed by Khosla Ventures and Blue Venture Fund , raised its latest round from Defy.vc and AllegisNL Capital. .

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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.” . Fund of micro funds but more than money. “It was like every time we think about it, everyone who gave the most money rarely had time for us. Some MAGIC portfolio companies. Here’s a scenario.

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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. households.

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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

DECEMBER 2, 2020

Given the attention that TechCrunch pays to Y Combinator’s Demo Days , we also try to keep tabs on the same startups as they scale and raise more capital. Today we’re taking a look at Heru , a startup based in Mexico City that is announcing a $1.7 million raise after taking part in YC’s Summer 2019 session.

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TechCrunch

JULY 15, 2021

And today, one such company, Play2Pay , has raised $13 million in a Series A round of funding. Play2Pay was bootstrapped for the first five years of its life, raising its first external capital in June of 2020 — a $7.5 The gamification of payments is not a new concept. million seed round from individual angel investors.

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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. While the Austin-based company confirmed the latest raise, it declined to comment on its valuation or provide further details. and Mexico.

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TechCrunch

MARCH 4, 2021

Colombian startup Elenas says it’s helping tens of thousands of women make money by selling products online. And today, it announced that it has raised $6 million in Series A funding. Indeed, one of its next steps is expanding across Latin America, starting with Mexico and then Peru.

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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

MAY 26, 2021

Notably, the round triples the company’s valuation to $1.875 billion compared to its $625 million valuation at the time of its Series C raise last September. Those employees are spread across its offices in San Francisco, Chicago, Detroit, Denver, Mexico City, Mexico and Krakow, Poland.

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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

FEBRUARY 2, 2022

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.

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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. For now, the three-month-old company is in its infancy — the pre-product phase, which makes it even more notable that the company managed to raise such a large seed round.

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TechCrunch

MAY 11, 2021

The New York City-based startup has raised $160 million in debt and equity in a Series A round that it says will fund its “aggressive growth plans.” CoVenture, Singh Capital Partners, Crossbeam and other notable investors such as GoDaddy CEO Aman Bhutani put money in the equity portion of the round.

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TechCrunch

JUNE 3, 2021

Ganaz , empowered by a $7 million A round, aims to change how people with little documentation and no bank account get paid and send money with a modern workforce stack that embraces low tech as well. Remitly raises $85M at a $1.5B valuation, says money transfer business has surged. Ganaz’s main market is the U.S.

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

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TechCrunch

DECEMBER 9, 2020

Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso , the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America. . You can use it to move money cross-border. “It’s not going away. .

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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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Candid

APRIL 9, 2024

The Maui wildfire response The Maui wildfires in August, which affected Lahaina and Kula, stand out for the funds raised. By late March, Honolulu Civil Beat ’s Maui Fires Money Tracker had tallied more than $450 million in private donations and nearly $2 billion when including government assistance.

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TechCrunch

FEBRUARY 9, 2021

Valuation is not being disclosed, CEO and co-founder Michael Martin said, but it has now raised $200 million. The round comes also on the heels of the company raising $21 million in June of last year. Case in point: We covered one of RapidSOS’s partners recently, Carbyne, which itself raised $25 million last month.).

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