Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. The first half of March brought news from Mexico, Peru and Ecuador. Here are the product launches, partnerships, and expansions we saw in the last two weeks. Partnerships Nubank announced a partnership with Arcus by Mastercard to launch a cash deposit […]
Infinity Capital, a cybersecurity and blockchain firm based in Dubai, acquired Andro, a Medellín-based company specializing in blockchain infrastructure. The terms of the acquisition remain undisclosed. “Andro offers stablecoin protection infrastructure that monitors cryptocurrency prices. In the event of fluctuations, Andro swiftly converts to other cryptocurrencies to ensure asset protection,” said Jose Pino, founder and
Infinity Capital acquires Colombian fintech Andro Leer más »
byAraceli Dominguez March 7, 2024 No comments 1 minute read Colombian fintech Kravata has closed a seed round. To date, between their pre-seed and seed rounds, they have raised 3.6M from 15 investment funds from the US, Asia, Europe, and Latin America, including Volt Capital, Framework Ventures, Circle Ventures, Magma Partners, and SIMMA Capital, among
Kravata raises $3.6M to expand in Latin America Leer más »
byLiliana Sánchez March 6, 2024 No comments 1 minute read Colombian fintech Yuno raised a $25M Series A round, reaching a $150M valuation. The investment was led by DST Global Partners with the participation of Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees. The capital will be used to strengthen Yuno’s presence in key markets
Colombian fintech Yuno raises $25M in Series A round Leer más »
byAraceli Dominguez February 27, 2024 No comments 1 minute read In this week’s Espresso, we cover news from Global66, Housi, BemAgro, and more! Outline of this episode: [00:28] – Global66 unveils multi-currency feature for its prepaid cards [00:41] – BemAgro raises $2M pre-Series A round [00:55] – Simetrik secures $55M in Series B [01:13] –
Simetrik raises $55M in Series B, Ep 160 Leer más »
byHellen Villena February 22, 2024 No comments 1 minute read Colombian payment infrastructure startup Simetrik raised a $55M Series B led by Goldman Sachs Asset Management. FinTech Collective, Moore Strategic Ventures, Cometa, and Mercado Libre Fund also participated in the round. The funding comes 21 months after Simetrik’s $24M Series A in April 2022, totaling
Simetrik raises $55M in Series B Leer más »
byLiliana Sánchez February 16, 2024 No comments 1 minute read Colombian payments startup Bold raised a $50M Series C led by General Atlantic. InQLab, Amador Holdings, and the International Finance Corporation (IFC) also participated in the round. Bold will use the capital for product development and to continue its expansion in Colombia. Bold provides low-cost
Colombian fintech Bold raises $50M Series C Leer más »
byJort Van Der Horst February 14, 2024 No comments 1 minute read Colombian fintech Plataform raised $3M in a funding round led by Skandia and Progresión Sociedad Comisionista de Bolsa. With the funds, Plataforma plans to expand its services for local businesses by introducing new offerings like bank factoring, private factoring, confirming, and crowd factoring.
Colombian fintech Plataform raises $3M in first investment round Leer más »
byLiliana Sánchez February 1, 2024 No comments 1 minute read Leal, a retail tech platform for customer engagement in Latin America, raised $5M in pre-Series B funding. The round was co-led by LEAP Global Partners and Rakuten Capital and also backed by Morro Ventures and Salkantay Ventures. The SaaS marketing platform equips retailers with various
Colombian startup Leal raises $5M pre-Series B Leer más »
Welcome to the LatamList roundup! Discover the top highlights from the last two weeks in Latin America’s startup scene, including expansions, partnerships, and product launches. In the last weeks, we saw increasing activity in Mexico and Colombia, where we witnessed important launches and partnerships. Partnerships TraderPal, a Costa Rican trading app, launched Mastercard debit and
Latamlist roundup January 15th – 31st: Finbra secures $2.3M credit facility Leer más »
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
Pomelo secures $40M in Series B, Ep 158 Leer más »
byMaría Camila David January 29, 2024 No comments 1 minute read Colombian startup Konvex secured $700K in a funding round led by 500 Global and Parallel18. Avalancha Ventures, Adriel Araujo, Ivan Peña, Fernando Cabello-Astolfi, Ricardo Ortiz, Luis Barrios, and Mauricio Suarez also contributed to the funding. Konvex will use the funds to expand its operations
Konvex secures $700K for market expansion Leer más »
