latin america

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the

Can Bitcoin find its practical use case as a currency in Latin America?

Eduardo Gomez started with Bitcoin in 2012, though he didn’t quite understand what he was getting himself into nor how it would change his life.

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

Mexican venture firm ALLVP has a $73 million first close on its latest fund

Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Braz

This tiny house grows with your family

Tiny houses are all the rage, but once you put more than a few people in one you have a problem: Where can you go from there? Nowhere. Exactly. What you do is, if you need that extra push over the cli

Monashees raises $150 million for its eighth Latin American fund

As technology investment and exits continue to rise across Brazil, early-stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitm

Electric scooter startup Grin raises ~$45 million

Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America. Grin, which is based in Mexico City, had previously

Nubank is now worth $4 billion after Tencent’s $180 million investment

Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 mi

Startup accelerators helped spark Latin America’s tech boom

Five years ago, no startups from Latin America were participating in prestigious U.S. accelerators. It seemed that Latin America was not yet on anyone’s radar. Nowadays, dozens of Latin American sta

The investors and founders of Yellow, 99 Taxis and Didi will talk about the new mobility race at Startup Battlefield Latin America

In the nine months since Didi acquired the Brazilian ride-hailing startup 99 in a deal that valued the company at a reported $1 billion, the market for mobility and logistics startups in the Latin Ame

Base10’s debut fund is the largest ever for a Black-led VC firm

Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm's $137 million fund was the largest debut to date for a black-led venture capital firm. He and

The funding mirage: How to secure international investment from emerging markets

Looking for funding as a startup in Latin America is a lot like looking for a watering hole in the middle of the desert. You know it’s out there, but finding it in time is a life or death situation.

Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months aft

Tickets are now available for São Paulo’s Startup Battlefield Latin America

We’re very excited to announce that tickets are now available for TechCrunch’s Startup Battlefield Latin America, which will be held at São Paulo’s Tomie Ohtake Institute on November 8, 2018. T

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.

Is China’s digital silk road going to pave over Silicon Valley?

Over the past 20 years, China has now grown into one of the largest consumer technology markets, with thousands of startups and funding rivaling Silicon Valley.

Lending startup Portal Finance nabs $200 million for small business loans in Latin America

Latin American small businesses just got a big boost with a new commitment for a $200 million lending joint venture between the Bogota-based startup Portal Finance and Latin America’s largest fi

Rappi raises $200M as Latin American tech investment reaches new highs

Rappi, the Colombian on-demand delivery startup, has brought in a new round of funding at a valuation north of $1 billion, as first reported by Axios and confirmed to TechCrunch by a source close to

In Argentina, venture capital surges even as the broader economy stutters

Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for r

LG Mobile’s losses continue but now sales are falling too

Korean electronics giant LG is soaring to new heights, but its mobile division continues to lag well behind the rest of the company and the signs aren’t promising. LG’s latest financials r
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