brazil

Watch Edward Snowden launch Global Encryption Day, live today

Marginalized communities, survivors of abuse, politicians, law enforcement — they all use encrypted communications to keep their information safe. But the encryption of the kinds of services you

Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software

Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six months after the Brazili

Mexico’s fintech success: How tech is driving the population to banking

Earlier this month, Citibanamex — Mexico's second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locatio

SoftBank, Amazon, Accel and others put $108M in Brazilian banking and payments infra provider Pismo

There is no question that fintech has exploded in recent years. But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institut

Tiger Global backs Favo, which is building an easier way for Latin Americans to order groceries online

Favo enables under-employed entrepreneurs to create new income streams through steady sales commissions from their own local grocery network.

B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital

ZAX's platform unites freight, delivery and payments tools to connect sellers and buyers in Brazil.

TikTok reached 1 billion monthly active users

TikTok announced in a blog post today that 1 billion people use TikTok every month. That means that on this big rock in space that we call home, about one in seven-and-a-half people are regularly watc

Apps to reach record highs in Q3 of 36B downloads and $34B in consumer spending

A new forecast on the state of the app economy indicates the third quarter will see record-breaking revenues spent on apps and games. According to App Annie, consumers worldwide will spend $34 billion

Addi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation

Buy now, pay later is officially everywhere, and Latin America is no exception. Today, one startup in the region, Addi, is announcing a $75 million extension to its Series B, bringing the total round

Driven by livestreams, consumer spending in social apps to hit $17.2B in 2025

The livestreaming boom is driving a significant uptick in the creator economy, as a new forecast estimates consumers will spend $6.78 billion in social apps in 2021. That figure will grow to $17.2 bil

Spain’s Factorial raises $80M on the back of strong traction for its ‘Workday for SMBs’

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much bigger companies, is today anno

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

There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 billion in just the first half of 2021, almost double the amount in all of 202

Brazil’s Petlove raises $150M from Riverwood, SoftBank to sell pet products and services online

Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) in a funding round led by Riverw

The pure hell of managing your JPEGs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris were joined by none othe

UK names John Edwards as its choice for next data protection chief as gov’t eyes watering down privacy standards

The U.K. government has named the person it wants to take over as its chief data protection watchdog, with sitting commissioner Elizabeth Denham overdue to vacate the post: The Department of Digital,

Why global investors are flocking to back Latin American startups

The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing start

Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks

Cora, a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. This is a large Series B by any standards, but particularly

Extra Crunch roundup: Corp dev handbook, Chicago startups, Brazil’s e-commerce landscape

If you're a founder who finds yourself in a meeting with a VC, try to remember two things — you're the smartest person in the room, and investors are looking for a reason to say "yes."

São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

Less than three months after announcing a $300 million Series E, Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the

Men are a niche demographic

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny was back, joining Natasha and Alex and Grace and Chri
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