PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its
Latin America is an interesting place to dive into what might be coming for startups. Why? Because dollar funding has now fallen for three consecutive quarters in the region.
Truora, a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. Propel Venture Partners and Accel led the investment for T
Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.
Mass transit and shared mobility provider Swvl went public today in a landmark moment for Egyptian and Middle Eastern tech ecosystems. It’s also a test for the company going public despite a market
Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasda
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The company develops secured loans for motorcycles, cars and trucks so borrowers can improve their income.
Infrastructure startups continue to attract venture dollars across the globe, especially in the case of payments infrastructure providers. No-code too also remains a draw. A startup that is a blend of
Community leaders centralize the orders, suppliers drop off the orders with Muni, which picks and packs them for the community leaders to manage the last-mile delivery and collect payments.
As the Latin American startup scene has matured, founders and executives of multibillion-dollar companies in the region have started to move on to new ventures. On Wednesday, TechCrunch reported on Ma
99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT,
In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to ref
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 the association recorded
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. General Atlantic an
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 Inves
Colombia is riding some tailwinds that have occurred over the past couple of years in Latin America as investment has poured into the region.
Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending ap
The Seaya Cathay Latam Fund will invest in between 12 to 15 companies and will write check sizes of between $5 and $10 million.
Cubbo touts itself as the only company that can take an order up to 5 p.m and get it out in Mexico City the same day.