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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. In September alone, Buk says it grew 7% in Chile, 20% in Colombia, and 23% in Peru month-over-month. .

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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. “They were in need of a single platform that could help them to launch these new use cases in more than one country,” Perez said.

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

TechCrunch

São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. 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. The proof is in the numbers.

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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 It also sends payment notifications via multiple channels and enables customers to manage all of their office locations from one platform. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies.

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Nuvemshop, a Latin American answer to Shopify, raises $30 million

TechCrunch

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. and managing director at Qualcomm Ventures Latin America.

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Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

TechCrunch

Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech.

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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.