bySara Delgado September 23, 2024 No comments 1 minute read Argentine e-commerce platform Mercado Libre secured a three-year $250M credit line from JPMorgan. The transaction includes JPMorgan’s acquisition of personal and business loans from Mercado Libre’s credit portfolio. Mercado Libre will use the funds to expand credit offerings for SMEs and personal loans in Mexico […]
Mercado Libre secures $250M credit line from JPMorgan Leer más »
Today we’re talking with Facundo Turconi, CEO of Moonflow. He has extensive experience in the financial industry, from implementing software solutions and analytical models for credit origination in major Latin American banks, managing the risk area for one of Peru’s largest banks, and developing Latin America’s first credit marketplace. Throughout his career, Facundo has gained
Moonflow: Revolutionizing debt collection management in Latin America Leer más »
byMilena Garbarino September 17, 2024 No comments 1 minute read Argentine fintech unicorn Ualá launched a secured credit card designed for individuals without credit history or those looking to rebuild it. The card requires a security deposit from the customer, which yields up to 5% interest in their Ualá account. Ualá is expanding its product
Ualá launches a secured credit card Leer más »
byMatheus Tomé September 17, 2024 No comments 1 minute read Argentinian foodtech Atomic Kitchens raised $ 750K from Manutara Ventures. Atomic Kitchens will use the funds to expand operations in Latin America and to develop new business lines. “We are committed to using this capital to drive sustainable growth for our company, improve profitability and
Atomic Kitchens raises $750K from Manutara Ventures Leer más »
byMatheus Tomé August 28, 2024 No comments 1 minute read Mercado Pago, the financial services arm of Mercado Libre, partnered with crypto startup Ripio and launched Meli Dólar in Brazil. The stablecoin is tied to the value of the US Dollar, offering protection against local currency fluctuations, and can be bought directly on the Mercado
Mercado Pago launches a stablecoin with Ripio in Brazil Leer más »
byAraceli Dominguez August 20, 2024 No comments 1 minute read This week’s Espresso covers news from Tucán, Veikul, Andes STR, and more! Outline of this episode: [00:27] –Tucán secures $1M seed round [00:43] – Veikul raises $3M in seed round [00:58] – Andes STR raises $4M in a round led by Executive Venture Fund [01:12]
Andes STR raises $4M in a round led by Executive Venture Fund, Ep 179 Leer más »
byMatheus Tomé August 15, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. South America took the spotlight in the first half of August, with activity in Colombia, Argentina, Brazil, and Chile. Here are the partnerships, expansions, and fundings we saw in the last
byMilena Garbarino August 14, 2024 No comments 1 minute read Tucán, an Argentinian SaaS platform for restaurant e-commerce, logistics, and marketing, raised $1M in a seed round led by Shefa, the venture capital arm of IRSA Group. Three local gastronomic groups also participated in the round. Tucán will allocate the capital to strengthen its technology
Tucán secures $1M seed round Leer más »
byAraceli Dominguez July 30, 2024 No comments 1 minute read This week’s Espresso covers news from Winnin, Relif, Escala, and more! Outline of this episode: [00:28] – Winnin closes Series A round led by Kaszek and Alexia Ventures [00:43] – Chilean fintech Relif raises $400K [00:55] – Escala raises $12M funding round [01:11] – Tapi
Tapi raises $22M led by Kaszek, Ep 177 Leer más »
byMatheus Tomé July 30, 2024 No comments 1 minute read Argentinian paytech Tapi raised $22M in a Series A round led by Kaszek, with participation from Andressen Horowitz. As part of the deal, Kaszek’s Co-Founder and Managing Partner Nicolas Szekasy joined Tapi’s board. Tapi will use the funds to enhance its tech infrastructure and expand
Tapi raises $22M Series A Leer más »
byMatheus Tomé July 5, 2024 No comments 1 minute read Argentinian digital advertising unicorn Aleph acquired its main competitor, Entravision Global Partners, a division of Entravision Communications Corporation. The deal is part of Aleph’s plan to expand into additional regions such as Southeast Asia. With the acquisition, Aleph now operates in over 140 countries. “The
Argentinian unicorn Aleph acquires Entravision Global Partners Leer más »
byMatheus Tomé July 2, 2024 No comments 2 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. In the past two weeks, startups from Colombia, Argentina, Chile, Mexico, and Costa Rica took the spotlight, with plenty of activities from fintechs. Here are the product launches, partnerships, and expansions
Latamlist Roundup June 16th – July 1st: BioCredit secures $200K from Google Leer más »
