Klar, a new online bank based in Mexico City, has become the first big bet that Prosus Ventures (the firm formerly known as Naspers Ventures) is taking in Latin America outside of Brazil. Founded by S
Sophia Wood Contributor Share on X Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by t
As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.
Because of its vast population distributed in more or less similar countries regarding language, culture and religion, Latin America is an especially compelling region for the emergence of super apps.
It’s not easy to raise growth-stage capital in Latin America, but it’s getting easier. As startups begin to flourish in the region’s largest markets, available funding is evolving to suit the ne
The Brazilian technology conglomerate Movile has just raised one of the largest rounds ever recorded for a Latin American startup, pulling in an additional $400 million for its iFood subsidiary from e
Naspers announced a $100 million Naspers Foundry fund to support South African tech startups. This is part of a $300 million (1.4 billion rand) commitment by the South African media and investment co
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobil
By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as their only frontier to conquer.
Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri
Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile -- primarily to increase Movile's s
What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil.
Event Pop, a two-year-old digital ticketing startup from Thailand, has raised a Series A round of over $2 million to expand its product and move into new markets. The round was led by Thai investors I
With its Rappido subsidiary looking to become a marketplace for all sorts of online and delivery services, Movile is moving further along in its mission to become the Tencent of Latin America. Given i
“Silicon Valley is a state of mind,” said Ambassador Pedro Borio, Consulate General of Brazil in San Francisco, during a recent address at the annual BayBrazil Conference. Borio spoke of the major
Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri
The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery market outside of the US.
Despite recent positive news and a renewed interest of international investors in the country, the reality is that Brazil is suffering. The country has endured a profound financial crisis for several
Brazil's biggest app developer, Movile, is taking its on-demand delivery service into the Mexican market through a joint venture with Grupo ampm. The deal will cement Rappido's position as the largest
Load More