Colombia

PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia

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’s decline in VC investment isn’t necessarily bad news

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.

VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

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

Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.

All eyes are on Swvl as it starts trading on a SPAC combination

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

Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm

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

Daily Crunch: Child-friendly Amazon Glow video chat projector now available across the US

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Migrante steps on the gas of vehicle leasing for gig workers in Latin America

The company develops secured loans for motorcycles, cars and trucks so borrowers can improve their income.

Colombian payment infra startup Simetrik lands $20M Series A at a $100M+ valuation

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

Muni gives Latin American communities buying power through shopping app

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.

With founders hailing from Colombian unicorn Rappi, payments startup Yuno raises $10M from a16z and LatAm VCs

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 clocks in fresh capital for logistics infrastructure in Latin America

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,

The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

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

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 the association recorded

Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

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

Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

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

Marathon Ventures injects more capital into Colombia’s startup ecosystem

Colombia is riding some tailwinds that have occurred over the past couple of years in Latin America as investment has poured into the region.

Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa

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

Seaya Ventures, Cathay Innovation launch $125M fund for LatAm startups

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 aims to be Latin America’s next e-commerce fulfillment leader

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.
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