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Fox-owned Tubi expands its free streaming service to five Latin American countries
Tubi, the free ad-supported streaming service owned by Fox, is now available in Costa Rica, Ecuador, El Salvador, Guatemala and Panama — an expansion that has doubled its global footprint…
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VCs slow Latin American investments after blowout 2021
A report from the Latin America-focused Sling Hub platform indicates that June was a record-low result for the value of venture capital fundraising. What does that mean for the region moving forward?
DEUNA enters Latin America’s crowded one-click checkout sector flush with $37M
The company is targeting the region’s challenges of customer acceptance, conversion and fraud with its “Commerce 3.0” payment infrastructure.
Ecuadorian payments infrastructure startup Kushki lands $100M at a $1.5B valuation
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 billion. The startup had raised $86…
Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed funding round.
H Twenty Capital aims to be ‘go-to fund for pre-seed investments’ in Latin America
Venture capital continues to flow into Latin America at a staggering rate. Just over $15 billion went into startups in 2021, according to LAVCA. That was three times more than…
WikiLeaks founder Julian Assange is facing the prospect of imminent extradition to the U.S. after the U.K. High Court granted an appeal by the U.S. government against an earlier (January)…
Yana’s mental health tool for Spanish speakers nears 5 million users
Andrea Campos has struggled with depression since she was eight years old. Over the years, she’s tried all sorts of therapies — from behavioral to pharmacotherapy. In 2017, when Campos…
Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in LatAm
Just about every week there’s a blockbuster round coming out of South America, but in certain countries such as Ecuador, things have been more hush-hush. However, Kushki, a Quito-based fintech,…
The LatAm funding boom continues as Kaszek raises $1B across a duo of funds
Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region, São Paulo-based Kaszek has been putting money into…
Bogota’s Tül raises $4 million to improve the supply chain for construction in Latin America
With a new $4 million round, the Bogota-based supply chain logistics technology developer Tül is prepping to expand across the Latin American region. Founded by Enrique Villamarin Lafaurie and Juan…
Jüsto adds another $5 million in funding to build its online, delivery-only grocery store for Latin America
As it begins expanding beyond its home base in Mexico City, the on-demand, online-only grocery store Jüsto has added another $5 million in early-stage funding. The new money came from…
Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among…
Years ago, Teel Lidow arrived at the airport to take a standard, eight-hour flight from Santiago, Chile to New York City. The journey ended up taking three days, involved an…
Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back
Brazil’s famously tricky real estate market has long drawn international investors to the region in search of tech solutions.
Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX
Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of investment in Ualá,…
Legged lunar rover startup Spacebit taps Latin American partners for Moon mission
U.K.-based lunar rover startup Spacebit, a company developing robotic exploration hardware for use on the Moon, announced two new partners that will help it develop and finalize its technology ahead…
Voter manipulation on social media now a global problem, report finds
New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties making cynical use of social media…
Google has quietly added DuckDuckGo as a search engine option for Chrome users in ~60 markets
In an update to the chromium engine, which underpins Google’s popular Chrome browser, the search giant has quietly updated the lists of default search engines it offers per market —…
China’s BYD further drives into Chile with 100 electric buses
Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its…
Latin America is the next stage in the race for dominance in the ride-hailing market
As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the next proving ground to determine who will be the victor in the ride-hailing market.
WikiLeaks founder Julian Assange is now an Ecuadorian citizen
WikiLeaks founder Julian Assange is stateless no more. On Thursday, Ecuador revealed that it had extended citizenship to Assange, a controversial figure who moved into London’s Ecuadorian embassy to evade…
Ecuador says it cut Julian Assange’s internet access to prevent interference with the election
Ecuador has claimed responsibility for cutting off Julian Assange’s internet access, calling it a “temporary restriction” aimed at preventing him from interfering with the U.S. election. WikiLeaks tweeted about the…
Entrepreneurs in developing nations have redefined the words “bootstrapping” and “disruptive,” creating all kinds of businesses that solve major societal problems. These solutions affect hundreds, thousands and sometimes millions of…
