Mexico

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses

While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant m

Valoreo closes on $50M to roll up LatAm e-commerce brands

A new breed of startups is acquiring and growing small but promising third-party merchants, and building out their own economies of scale. And while there are a number of such startups based in the U.

Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A

Jüsto, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. The amount is sizable for a Series A in general, but supers

Accel backs Mexican startup Flink’s effort to bring consumer investing to Latin America

Here in the U.S., we take for granted the ability to invest and trade in the stock market. So while we can get in an uproar about the various ways Robinhood may or may not be acting responsibly, it ca

Fintech darling Nubank raises blockbuster $400M Series G at $25B valuation

While the pandemic has left some startups strapped for cash, the aptly-named Brazilian neobank Nubank is swimming in it. This morning, the company announced that it has raised a $400 million Series

Booksy raises $70M war chest to acquire salon appointment apps, expand internationally

Beauty and wellness appointment booking apps have proliferated of the last few years, but it appears the race is still on as today one of the leaders, Booksy, raises $70 million in a Series C round le

Lumiata raises $14 million for its service to predict healthcare outcomes

Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it.  The company,

Yayzy app automatically calculates the environmental impact of your spending

Ahead of the turning of the New Year, many people are wishing they could do something about the environment. Now, a U.K. startup hopes to make our environmental impact more personal. Yayzy has now lau

Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues

Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. The company’s

With investors expecting a Latin American cryptocurrency boom, Mexico’s Bitso raises $62 million

Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso, the company revealed it has closed on $62 million in financing to capitalize on the crypto

UPDATE: Parrot Software has $2.1 million to grow its restaurant point-of-sale and management service in Mexico

The two founders of Parrot Software, Roberto Cebrián and David Villarreal, first met in high school in Monterrey, Mexico. In the 11 years since, both have pursued successful careers in the tech indus

Mexican challenger bank albo raises $45 million to expand

With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a domina

It’s holiday season for tech unicorns

Did you follow all of the unicorn news from the last couple of weeks? No? Here’s a list of headlines to catch you up....

YC-backed Heru raises $1.7M to build software services for Latin American gig workers

Given the attention that TechCrunch pays to Y Combinator’s Demo Days, we also try to keep tabs on the same startups as they scale and raise more capital. Yesterday we covered YC Winter 2020 part

Index ventures into Latin America to back Sofia, a Mexico City-based telemedicine and health insurer

Arturo Sanchez and his co-founders have spent the past two years developing the telemedicine and insurance platform, Sofia, as a way to give customers across Mexico better access to quality healthcare

Nigeria’s Autochek raises $3.4M for car sales and service platform

Nigeria based startup Autochek looks to bring the sales and servicing of cars in Africa online. The newly founded venture has closed a $3.4 million pre-seed round co-led by TLcom Capital and 4DX ventu

GAIA Design has raised more capital to become the West Elm of Mexico

Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding. The bridge round will take

Juganu begins selling its tunable lighting system for pathogen disinfection and deactivation in the US

Juganu, the venture-backed Israeli company that makes lighting systems capable of emitting light at specified wavelengths, is now selling a product that it claims can disinfect surfaces and deactivate

Loon sets stratospheric sustained flight record with 312-day balloon trip

Alphabet’s Loon, the company focused on creating new networking capabilities using stratosphere-based infrastructure, has set a new world record for a continuous stratospheric flight. One of Loo

Gen Z spends 10% more time in non-game apps than older users

A new report released today by App Annie digs into how Gen Z consumers engage with their smartphones and mobile apps. According to data collected in Q3 2020, Gen Z users spend an average of 4.1+ hours
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