Startup News

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Brazilian fintech Grupo Bloxs receives investment from BS2

byHellen Villena May 14, 2024 No comments 1 minute read Brazilian fintech Grupo Bloxs raised an undisclosed amount from neobank BS2. The funding comes 4 years after Bloxs’s $683k Seed round led by Bossa Invest, and it was structured as a secondary transaction to prepare Bloxs’s cap table for a Series A later in 2024. […]

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Nubank surpasses 100 million clients

bySara Delgado May 9, 2024 No comments 1 minute read Brazilian digital bank Nubank announced that it has surpassed 100 million clients in Brazil, Mexico and Colombia, becoming the first non-Asian digital banking platform to achieve this milestone. “In 2013, we set the goal of reaching one million clients in five years, which seemed nearly

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Jeeves lands $75M credit line to grow its Latin America operations

B2B payments and corporate card platform Jeeves secured a $75M credit facility from Community Investment Management (CIM), 25 months after its March 2022 $180M Series C at a $2.1B valuation. Jeeves will use the debt funding to finance its credit product, and it will leverage the funds raised in previous rounds to support the Latin

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Brazilian healthtech Biologix lands a $1.2M round

Brazilian healthtech Biologix raised a $1.2M round led by Kortex Ventures. Hospital Israelita Albert Einstein also participated in the round. Biologix will invest the funds in further developing its technology, fueling its expansion, and doubling the size of its 20-people team. Biologix specializes in sleep medicine, offering diagnostic solutions and treatments for disorders like sleep

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Latamlist roundup April 15th – April 30th: TuHabi raises additional $27M debt funding from BBVA Spark

byHellen Villena May 2, 2024 No comments 2 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintech dominated the second half of April, with plenty of activity in Colombia and Brazil. Here are the product launches, partnerships, and expansions we saw in the last two weeks. Launches

Latamlist roundup April 15th – April 30th: TuHabi raises additional $27M debt funding from BBVA Spark Leer más »

latamlist-roundup-april-1st-–-april-15th:-nubank -and-wise-to-launch-global-account-in-brazil

Latamlist roundup April 1st – April 15th: Nubank  and Wise to launch global account in Brazil

byHellen Villena April 15, 2024 No comments 2 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. The first half of April was packed with activity for fintechs across LatAm. Here are the product launches, partnerships, and expansions we saw in the last two weeks. Partnerships Colombian fintech

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Proptech Habi raises $30M from the International Finance Corporation

bySara Delgado April 12, 2024 No comments 1 minute read Colombian Proptech Habi secured $30M in debt from the World Bank’s International Finance Corporation (IFC). Victory Park Capital Advisors structured the loan, the first of its kind from the IFC to a Latin American proptech. Habi will use the funds to grow its presence in

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LegalTech Tally raises funding from BDEV Ventures

bySara Delgado March 8, 2024 No comments 1 minute read Mexican legaltech Tally secured a funding round led by BDEV Ventures. With the new funding, Tally has raised over  $400K in total, including previous investments from Calm Fund by Tyler Tringas and Albert Ni.  Tally simplifies legal and bureaucratic procedures for setting up new companies

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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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