Funding

colombian-fintech-bold-raises-$50m-series-c

Colombian fintech Bold raises $50M Series C

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 […]

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colombian-fintech-plataform-raises-$3m-in-first-investment-round

Colombian fintech Plataform raises $3M in first investment round

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.

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vertown-secures-$1.4m-to-accelerate-growth

Vertown secures $1.4M to accelerate growth

bySara Delgado February 12, 2024 No comments 1 minute read Brazilian waste management startup Vertown raised $1.4M in an investment round led by Açolab Ventures, the CVC arm of Arcelormittal, and Irani Ventures. Vertown will use the funds to accelerate product development and growth. Vertown’s technology helps companies manage  waste disposal more efficiently, ensuring legal

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brazilian-startup-cogtive-raises-$2m

Brazilian startup Cogtive raises $2M

byLiliana Sánchez February 12, 2024 No comments 1 minute read Cogtive, a Brazilian startup that uses IoT to improve manufacturing processes through sensors linked to machines, raised $2M in a round led by Indicator Capital. With the funds, Cogtive will continue developing its technology and expand to other Latin American countries in the pharmaceuticals, cosmetics,

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fintech-techreo-raises-$3.4m

Fintech Techreo raises $3.4M

byJort Van Der Horst February 12, 2024 No comments 1 minute read Techreo, a Mexican digital platform that offers financial services for the underbanked in Latin America, secured $3.4M in funding from G2 Momentum Capital and Creation Investments Capital Management. Techreo’s solutions include digital and physical debit cards, electronic transfers, bill payments, loans, investments, remittances,

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traive-secures-$20m-for-brazilian-expansion

Traive secures $20M for Brazilian expansion

byHellen Villena February 7, 2024 No comments 1 minute read Brazilian agriculture fintech startup Traive raised $20M in funding from Banco do Brasil and existing investors. The round comes 15 months after its $10M Pre-Series B in October 2022, totaling $47.8M raised to date. Traive will use the funds to advance its technology, expand operations

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tenchi-security-raises-$7m-series-a-to-accelerate-growth

Tenchi Security raises $7M Series A to accelerate growth

byJort Van Der Horst February 7, 2024 No comments 1 minute read Brazilian cybersecurity company Tenchi Security raised a $7M Series A round led by Bradesco PE&VC, L4 Venture Builder, and Accenture. Existing investors MAYA Capital, Kinea, and ONEVC also participated in the funding. Tenchi Security will use the funds to accelerate product development and

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payhop-raises-undisclosed-amount-from-idexo

PayHop raises undisclosed amount from iDEXO

byMatheus Tomé February 2, 2024 No comments 1 minute read Brazilian fintech PayHop, which allows suppliers and retailers to transact and secure payments using receivables, raised an undisclosed amount in a round led by TOTVS’s CVC fund iDEXO. Experian Ventures, DOMO.VC, and Citrino Ventures also participated in the round.  PayHop will use the funds to

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colombian-startup-leal-raises-$5m-pre-series-b

Colombian startup Leal raises $5M pre-Series B

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

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price-lab-secures-$360k-in-pre-seed-round

Price Lab secures $360k in Pre-Seed round

byHellen Villena January 31, 2024 No comments 1 minute read Peruvian retail tech startup Price Lab raised $360k in a pre-Seed round led by iThink VC. Venture Do also participated in the round. Price Lab will use the capital to fuel its Latin American expansion starting with Mexico, with plans of expanding its development team

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konvex-secures-$700k-for-market-expansion

Konvex secures $700K for market expansion

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

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daki-secures-$5m-investment-for-360-marketing-strategy-in-2024

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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