Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.
Olist said it tripled its size in 2021 and closed on four acquisitions within the last year.
Favo enables under-employed entrepreneurs to create new income streams through steady sales commissions from their own local grocery network.
Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region. Braz
Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing t
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 ven
Remessa Online, the Brazilian money transfer service, said it has closed on $20 million in financing from one of the leading Latin American venture capital firms, Kaszek Ventures, and Accel Partners&#
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
As you might have noticed, things aren’t going so well in Brazil. Its economy shrank 5.4 percent in the first quarter, according to government figures released yesterday. Its president, Dilma R