byHellen Villena May 27, 2024 No comments 1 minute read Darwin Startups announced a $20M (R$100M) fund to invest in pre-seed and seed startups. Darwin will do a first closing of $13.5M (R$70M) in 2024, and it will also make its first investment this year. Darwin’s investment thesis is agnostic, expanding beyond fintech to include […]
Brazilian accelerator Darwin Startups announces $20M fund Leer más »
byHellen Villena May 27, 2024 No comments 1 minute read Spanish global payment processor PayRetailers announced its acquisition of Transfeera for an undisclosed amount, pending approval from Brazil’s Central Bank and Administrative Council for Economic Defense. PayRetailers will absorb Transfeera’s 450 clients and 62 employees, bringing its headcount to 550 employees worldwide across 10 different
PayRetailers acquires Brazilian fintech Transfeera Leer más »
byMatheus Tomé May 23, 2024 No comments 1 minute read Brazilian fintech CloudWalk, owner of InfinitePay, raised $313M through four FIDC funds structured by Itaú BBA. CloudWalk will use the funds to amplify the offer of receivables anticipation to SMBs. “Receivables anticipation is a crucial instrument to ensure good cash flow management, which is one
CloudWalk raises $313M to finance anticipation of receivables Leer más »
byMatheus Tomé May 22, 2024 No comments 1 minute read Mexican fleet management startup Ruedata raised $2M in a seed round led by Barn Investimentos. New Ventures Capital, Fondation Botnar, Avalancha Ventures, Venture Do, Helene Ventures, Orca Climate Fund, Flecha Amarilla Ventures, Grupo Huerpel, and Enlaces also participated in the round. Ruedata will use the
Ruedata raises $2M seed round Leer más »
byRegina Pernaz May 21, 2024 No comments 1 minute read Brazilian VC ABSeed raised its third fund, Seed 3, a $30M fund to invest in early-stage B2B SaaS startups across Latin America. ABSeed will focus on SaaS combined with other monetization layers, such as fintechs and marketplaces. AI-driven solutions are also a priority. “The turbulence
ABSeed raises $30M to invest in B2B SaaS Leer más »
This week’s Espresso covers news from Nubank, Biologix, and more! Outline of this episode: [00:28] – ClicOH acquires Rayo [00:40] – Salvy raises $1.9M in a seed extension round [00:53] – NG.CASH lands a $12.5M Series A [01:08] – Aplazo lands $45M in Series B [01:26] – CRMBonus raises $78M in a Series B round
CRMBonus raised $78M in a Series B round led by BOND, Ep 169 Leer más »
byMatheus Tomé May 15, 2024 No comments 1 minute read Brazilian telecom startup Salvy raised $1.9M in a seed extension round. Pioneer and Dropbox Co-Founder Arash Ferdowsi participated. Salvy will use the funds to grow its development team, acquire new clients, and enhance its platform to tackle other IT issues from companies. “We understood that
Salvy raises $1.9M in a seed extension round Leer más »
Brazilian loyalty startup CRMBonus raised $78M in a Series B round led by BOND, in its first investment in Brazil. Valor Capital, Softbank, Riverwood, and Igah Ventures also participated in the round. As part of the deal, BOND’s General Partner Daegwon Chae will join CRMBonus’s board. CRMBonus is an B2B AI-powered platform that helps companies attract,
CRMBonus raises $78M in a Series B round Leer más »
byHellen Villena May 15, 2024 No comments 1 minute read Digital bank NG.CASH raised a $12.5M Series A round led by monashees. Andreessen Horowitz, 17Sigma, Tekton Ventures, and Generalist Capital also participated. This funding follows their $10M Seed round in August 2022. NG.CASH will use the investment to expand its team, enhance its product portfolio,
Brazilian Gen Z neobank NG.CASH lands a $12.5M Series A Leer más »
This week’s Espresso covers news from Nubank, Biologix, and more! Outline of this episode: [00:28] – Biologix lands a $1.2M round [00:43] – Nubank surpasses 100 million clients [00:58] – Jeeves lands $75M credit line to grow its Latin America operations [01:11] – Grupo Bloxs receives investment from BS2 Resources & people mentioned: Startups: Biologix,
Jeeves lands $75M credit line to grow its Latin America operations, Ep 168 Leer más »
byHellen Villena May 14, 2024 No comments 1 minute read Brazilian fintech Grupo Bloxs raised an undisclosed amount from neobank BS2. The funding comes 4 years after Bloxs’s $683k Seed round led by Bossa Invest, and it was structured as a secondary transaction to prepare Bloxs’s cap table for a Series A later in 2024.
Brazilian fintech Grupo Bloxs receives investment from BS2 Leer más »
bySara Delgado May 9, 2024 No comments 1 minute read Brazilian digital bank Nubank announced that it has surpassed 100 million clients in Brazil, Mexico and Colombia, becoming the first non-Asian digital banking platform to achieve this milestone. “In 2013, we set the goal of reaching one million clients in five years, which seemed nearly
Nubank surpasses 100 million clients Leer más »
