Brazil

pomelo-secures-$40m-in-series-b,-ep-158

Pomelo secures $40M in Series B, Ep 158

byAraceli Dominguez January 30, 2024 No comments 1 minute read In this week’s Espresso, we cover news from Nubank, Pomelo, Daki, and more! Outline of this episode: [00:28] – Nubank launches savings account in Colombia [00:37] – Girasol Payment Solutions acquires Finzi [00:47] – Pomelo secures $40M in Series B [01:01] – Bioeutectics raises $2.1M […]

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afinz-buys-recurring-payments-startup-pagolivre

Afinz buys recurring payments startup Pagolivre

byMatheus Tomé January 29, 2024 No comments 1 minute read Brazilian bank Afinz acquired Pagolivre, a local fintech focusing on recurring payments, for an undisclosed amount. Afinz offers traditional banking services, such as insurance, credit cards, investments, and loans. The deal adds recurring payment services to Afinz’s portfolio. “We saw in Pagolivre what we needed

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Daki secures $5M investment for 360 marketing strategy in 2024

byJort Van Der Horst January 26, 2024 No comments 1 minute read Daki, a Brazilian digital supermarket startup, secured a $5M investment from “media for equity fund” 4Equity Media Ventures to invest in marketing strategies across different channels. 4Equity Media will help Daki increase its online presence in exchange for equity. Daki will invest in

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genial-care-raises-$10m-to-expand-autism-care-services

Genial Care raises $10M to expand autism care services

byMaría Camila David January 25, 2024 No comments 1 minute read Genial Care, a Brazilian healthtech specializing in services for children with Autistic Spectrum Disorder (ASD) and their families, secured $10M in a funding round led by General Catalyst. Canary, Atlantico, IKJ Health Innovation, 1616, Mauro Figueiredo, and João Alceu Amoroso Lima also participated in

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hotmart-buys-ai-startup-reshape

Hotmart buys AI startup Reshape

byMatheus Tomé January 22, 2024 No comments 1 minute read Hotmart, a Brazilian platform that allows creators to sell digital products, acquired Brazilian generative AI startup Reshape for an undisclosed amount. Hotmart was previously Reshape’s client and seed investor. The acquisition aims to increase the addressable market for creators by offering them transcription and translation

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Fluna raises $511K in Seed round

byMatheus Tomé January 15, 2024 No comments 1 minute read Brazilian startup Fluna raised $511K in a Seed round led by Hiker Ventures. The funds will be used to invest in technology and customer acquisition growth. “The association of languages (software and application) will be increasingly important. Our technology already allows us to integrate AI, email automation, databases,

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lina-secures-$1.5m-to-grow-open-finance-solution-in-brazil

Lina secures $1.5M to grow Open Finance solution in Brazil

byMaría Camila David January 12, 2024 No comments 1 minute read Lina, a Brazilian technology provider for data sharing and services, secured a $1.5M funding round led by MSW Capital. Lina helps financial and insurance institutions by leveraging infrastructure, connectivity, and data intelligence to provide data-driven insights. With the new funding, Lina is expanding into the

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conta-simples-raises-$41.5m-series-b-round

Conta Simples raises $41.5M Series B round

byMatheus Tomé January 10, 2024 No comments 1 minute read Brazilian startup Conta Simples raised $41.5M in a Series B round led by Base10 Partners, with the participation of Valor Capital, Jam Fund, Y Combinator, Big Bets, Broadhaven, and Domo. TJ Nahigian, Managing Partner at Base 10, joined the company’s board of directors as part of the deal. The funds will be used to grow

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livance-raises-$13.2m-to-transform-healthcare-services-in-brazil

Livance raises $13.2M to transform healthcare services in Brazil

byAdam James Bilyeu January 9, 2024 No comments 1 minute read Livance, a leading Brazilian eHealth company, raised $13.2M in an investment round. Monashees led the round and saw contributions from Cadonau Investimentos and Terracotta Ventures. This investment will be used to expand Livance’s physical presence, bolster its technology platform, and advance the digitization of healthcare services. Established

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Stone raises $467.5M for SME financial services

byGuadalupe Ibañez December 29, 2023 No comments 1 minute read Brazilian fintech, Stone, secured a $467.5M financing commitment from the U.S. Development Finance Corporation (DFC). The funds  will enhance receivables anticipation for Brazil’s micro, small, and medium-sized enterprises (MSMEs), improving their cash flow and reducing default risks over a seven-year term with an initial six-month

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bankme-raises-$1.5m-for-new-financial-product

Bankme raises $1.5M for new financial product

byMatheus Tomé December 27, 2023 No comments 1 minute read Brazilian Fintech Bankme raised $1.5M from DOMO.VC to develop a product that allows customers to use financial leverage. “With this funding, we’ll invest in technology and talent to develop the rediscount and contribution area,” said André Bravo, Founder and COO of Bankme. “Redesconto” (“rediscount”), enables customers to rediscount titles with Bankme, while

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brazilian-fintech-credmei-raises-$8.1m

Brazilian fintech Credmei raises $8.1M

byLiliana Sánchez December 26, 2023 No comments 1 minute read Brazilian fintech Credmei raised $8.1M through Credix, a DeFi marketplace for loans. Credmei is a fintech that utilizes machine learning to fund small and medium-sized businesses through receivable prepayment. The funds will be used to continue their expansion in Brazil. “We want to support an even greater number

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