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 […]
Gibb raises $5.5M from SRM Ventures Leer más »
byAdriana Villasana October 2, 2024 No comments 1 minute read Uruguayan biotech Xeptiva raised a $2.5M seed round led by Zentynel, a Chilean fund specialized in biotechnology. iThink VC, FEN Ventures, ND Latam, Uruguay Biotech Ventures, and Co-founder of DLocal, Sergio Fogel, also participated in the round. Xeptiva will use the funds to continue to
Biotech Xeptiva raises $2.5M to develop veterinary vaccines Leer más »
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
byMatheus Tomé September 30, 2024 No comments 1 minute read Brazilian real estate fintech Versi raised $9M in debt through the issuance of CRI bonds, structured by Opea. Versi will use these funds to support real estate developers focused on building affordable homes under the Brazilian government’s Minha Casa Minha Vida program. “The affordable housing
Versi raises $9M in debt to expand offerings to real estate developers Leer más »
byMatheus Tomé September 27, 2024 No comments 1 minute read Brazilian custom-made furniture startup Movêu raised $550K in a round led by Investidores.vc. GV Angels, Poli Angels, Patrick Sigrist (Nomad and iFood), Pedro Conrade (Neon), Alan Chusid (Spin Pay), Otávio Maluf Júnior, and Silvio Kożuchowicz (SKR) also participated in the round. Movêu will use the
Movêu raises $550K in a round led by Investidores.vc 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
Noodle raises a $900K seed round Leer más »
byMilena Garbarino September 27, 2024 No comments 1 minute read Veikul, a Mexican startup focused on digital fleet management and logistics optimization, acquired Dropin, a platform that automates last-mile delivery. This deal strengthens Veikul’s technological capabilities and improves its logistics operations. This acquisition will allow Veikul to scale its technology and improve operational efficiency, and
Veikul acquires Dropin to expand in Mexico Leer más »
byFelipe Osorno-Giraldo September 26, 2024 No comments 1 minute read Brazilian all-in-one customer engagement solution ROCK secured a $54M investment from the Hindiana Fund. ROCK also acquired Bnex, a growth-focused retail technology company. Bnex joins Directo.Ai, Izio&Co, LL Loyalty, and Propz as part of ROCK’s portfolio, designed to improve customer relationships for mid-market retailers. “The
ROCK secures $54M to expand its Customer-Centric Solutions Leer más »
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
AgriCapital secured debt financing from Grupo AlphaMundi Leer más »
byFelipe Osorno-Giraldo September 23, 2024 No comments 1 minute read Brazilian AI SaaS startup MeetRox raised a $460K seed round led by Stamina VC. Alta Escala, Raio Capital, EBANX’s Co-Founder João Del Valle, Olist’s Founder Tiago Dalvi; and Pipefy’s Founder Alessio Silva Alionço also participated in the round. MeetRox will use the funds to grow
MeetRox raises a $460K seed round Leer más »
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 »
