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 »
byMatheus Tomé September 20, 2024 No comments 1 minute read Brazilian healthtech Mevo raised a $20M Series B round led by Matrix, marking the fund’s first investment in Brazil. Jefferson River Capital also participated in the round. Mevo will use the funds to hire new people, grow its customer base, and expand its software for
Mevo raises a $20M Series B round Leer más »
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 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 »
byMatheus Tomé August 15, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. South America took the spotlight in the first half of August, with activity in Colombia, Argentina, Brazil, and Chile. Here are the partnerships, expansions, and fundings we saw in the last
byMatheus Tomé August 1, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintechs made up the majority of headlines in the second part of July, with payment startups being especially active. Here are the product launches, partnerships, expansions, and funding we saw in
byMilena Garbarino July 31, 2024 No comments 1 minute read Peruvian foodtech Nutri Co has secured $2M from Uruguayan bioactives producer Terraflos. This round follows Nuti Co’s pre-seed round in 2023. The funds will enhance Nutri Co’s operations in Chile and Mexico and support expansion into Argentina and Colombia by late 2024 and 2025. Nutri
Nutri Co raises $2M Leer más »
byAraceli Dominguez July 30, 2024 No comments 1 minute read This week’s Espresso covers news from Winnin, Relif, Escala, and more! Outline of this episode: [00:28] – Winnin closes Series A round led by Kaszek and Alexia Ventures [00:43] – Chilean fintech Relif raises $400K [00:55] – Escala raises $12M funding round [01:11] – Tapi
Tapi raises $22M led by Kaszek, Ep 177 Leer más »
byMilena Garbarino July 25, 2024 No comments 1 minute read Relif, a Chilean fintech focused on financial health, raised $400K, including $120K from ChileGlobal Angels. With the funds, Relif aims to consolidate its presence in Chile and enhance its product to boost growth. Relief is a financial health platform that partners with companies to improve
Chilean fintech Relif raises $400K Leer más »
byHellen Villena June 3, 2024 No comments 2 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Colombian fintechs made up a majority of headlines in the past two weeks, but Uruguayan and Salvadoran startups also took the spotlight for the second half of May. Here are the
byHellen Villena May 15, 2024 No comments 2 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Activity in Colombia and Mexico picked up, with fintech dominating the news for the first half of May. Here are the product launches, partnerships, and expansions we saw in the last
Latamlist Roundup May 1st – May 15th: Bancolombia launches crypto trading platform Wenia Leer más »
