bySara Delgado September 23, 2024 No comments 1 minute read Argentine e-commerce platform Mercado Libre secured a three-year $250M credit line from JPMorgan. The transaction includes JPMorgan’s acquisition of personal and business loans from Mercado Libre’s credit portfolio. Mercado Libre will use the funds to expand credit offerings for SMEs and personal loans in Mexico […]
Mercado Libre secures $250M credit line from JPMorgan Leer más »
byMatheus Tomé September 20, 2024 No comments 1 minute read Brazilian marketplace for wholesale food supplies Cayena raised a $55M Series B round led by Bicycle Capital. Picus Capital, FEMSA Ventures, Astella, Globo Ventures, Endeavor Catalyst, Canary, FJ Labs, Clocktower, and Norte Ventures also participated in the round. Cayena will use the funds to expand
Cayena raises a $55M Series B round led by Bicycle Capital Leer más »
Today we’re talking with Andrés Díaz Bedolla, who has dedicated his career to connecting Latin American companies with global value chains. His journey began at ProMéxico, where he focused on attracting investment and promoting trade for the Mexican government. His passion for advancing Latin America took him to China, where he completed a master’s degree
Yumari: The platform connecting Latin America with major D2C brands Leer más »
bySara Delgado August 14, 2024 No comments 1 minute read Mexican marketplace Veikul raised a $3M seed round from First Check Ventures and angel investors, including Armando Véjar, Director of Grupo Autofin Monterrey. Veikul will use the funds to enhance its technology and expand operations in Mexico City, Guadalajara, and Monterrey. “We’re focused on improving
Veikul raises $3M in seed round Leer más »
byMatheus Tomé July 2, 2024 No comments 1 minute read Brazilian marketplace integration startup OmniK raised $1.2M from ABSeed Ventures. Omnik is a SaaS and white label platform that transforms e-commerce businesses into multi-seller marketplaces without the need to manage additional inventory. Omnik will use the funds to invest in product development, technology, and marketing.
OmniK raises $1.2M to expand operations Leer más »
bySara Delgado June 17, 2024 No comments 1 minute read Colombian online construction materials and hardware marketplace Tul merged with Brazilian counterpart Sooper. Tul brings expertise in Spanish-speaking markets like Mexico and Colombia, while Sooper offers deep knowledge of the Brazilian market. The merger brings the companies’ combined portfolio to 82,000 products and 10,000
Tul merges with Sooper Leer más »
byMatheus Tomé June 7, 2024 No comments 1 minute read Brazilian sports gear marketplace Semexe raised $760K from Hiker Ventures to expand Loopify, its B2B circular economy solution. Loopify is a white-label platform that enables companies to resell used, returned, and refurbished products and to offer trade-in programs in which customers exchange used products for
Semexe raises $760K to expand its re-commerce solution Loopify Leer más »
bySara Delgado May 23, 2024 No comments 1 minute read Chilean fintech BTrust raised a $1.5M seed round led by Invexor, with participation from three other angel investors. BTrust will use the funds to expand operations and improve fraud detection by identifying and alerting invoice anomalies. BTrust is a SaaS-enabled factoring marketplace that allows SMEs
BTrust lands $1.5M in seed funding Leer más »
byHellen Villena May 3, 2024 No comments 1 minute read Chilean tech marketplace Reuse raised a $4.5M seed round led by Seaya Cathay Latam. Dalus Capital, Ignia, Angel Hub, Compusoluciones Ventures, and Silence VC also participated in the round. Reuse will put the money towards growing in Mexico. Reuse is an end-to-end online marketplace for
Reuse lands a $4.5M seed round led by Seaya Cathay LATAM Leer más »
byMatheus Tomé April 9, 2024 No comments 1 minute read Brazilian used vehicles marketplace Instacarro raised $10.8M in a mix of debt and equity from Fasanara Capital, J Ventures, FJ Labs, and Rise Capital. Bamboo led the debt part of the deal. “We plan to expand our financial arm and the dealer-to-dealer platform, while accelerating
Instacarro raises $10.8M in a debt and equity deal Leer más »
byHellen Villena March 1, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. The second half of February brought news of two well-funded startups winding down operations across different markets. Here are the product launches, partnerships, and expansions we saw in the last two
