byMatheus Tomé October 2, 2024 No comments 1 minute read Brazilian fintech Gibb raised $5.5M from SRM Ventures to expand operations, acquire new customers, and hire new talent. “Gibb addresses a crucial pain point for nearly 80% of Brazilian employees: running out of money between paychecks,” said Andre Szapiro, Head at SRM Ventures. Gibb is […]
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bySara Delgado October 2, 2024 No comments 1 minute read Colombian fintech ExcelCredit raised $50M in funding from Japanese bank Nomura. “With the funds and the launch of our first social ordinary bond issuance on the Colombia Stock Exchange (BVC) for $100B on May 29, we reinforce our commitment to supporting our ‘Silver’ population —
ExcelCredit raises $50M from Nomura Leer más »
byMatheus Tomé October 2, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. In the second half of September, we saw the most activity in fintechs, with news involving Brazil, Chile, and Mexico. Here are the launches and expansions we saw in the last
byAraceli Dominguez October 1, 2024 No comments 1 minute read This week’s Espresso covers news from Versi, Scala Data Centers, and more! Outline of this episode: [00:27] – AgriCapital secures debt financing from Grupo AlphaMundi [00:39] – ROCK secures $54M to expand its Customer-Centric Solutions [00:50] – Veikul acquires Dropin to expand in Mexico [01:04]
ROCK secures $54M, Ep 183 Leer más »
bySara Delgado September 27, 2024 No comments 1 minute read Brazilian AI fintech startup Noodle raised a $900K seed round led by QED. With the funds, Noodle will boost user acquisition through marketing campaigns and content creation targeting the influencer market. Noodle is a financial platform designed for small and mid-sized creators who often rely
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byMatheus Tomé September 25, 2024 No comments 1 minute read Colombia fintech AgriCapital raised an undisclosed debt amount from Grupo AlphaMundi’s investment fund SocialAlpha-Bastion (SAIF). AgriCapital will use the funds to extend additional loans to local farmers. “By leveraging these funds to issue new loans, we are not only supporting individual farmers but also contributing
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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
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byMatheus Tomé September 17, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintechs took the majority of headlines in the first half of September, with activity from Mexican, Colombian, Uruguayan, Argentinian, and Brazilian startups. Here are the launches, partnerships, expansions, and fundings we
bySara Delgado September 17, 2024 No comments 1 minute read Colombian proptech and fintech Koggi raised $3M from Second Century Ventures, backed by the National Association of Realtors (NAR), marking NAR’s first investment in a Latin American startup. Koggi will use the funds to accelerate its expansion in Panama and growth in other Central American
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byFelipe Osorno-Giraldo September 17, 2024 No comments 1 minute read Brazilian neobank Yolo Bank raised a $500K pre-seed round led by Marathon Ventures. Yolo Bank will use the funds to enhance its AI technology and to hire new talent. “We are hiring new talent, mainly to help with onboarding universities. Our focus is to grow
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byFelipe Osorno-Giraldo September 17, 2024 No comments 1 minute read Colombian fintech Finkargo raised $20M in equity and $75M in debt in a Series A extension round led by QED Investors and CIM. Quona, Flybridge, Nazca, Maya, and OneVC also participated in the round. Finkargo will use the funds to enhance complementary service offerings, like
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bySara Delgado September 17, 2024 No comments 1 minute read Ume, a Brazilian BNPL that leverages Pix, the instant payment platform created by Brazil’s Central Bank, raised $15M in a Series A round led by PayPal Ventures. Ume also secured a $20M credit line from the Federal Deposit Insurance Corporation. With the funds, the BNPL
Ume raises $15M in Series A Leer más »
