Brazil
Read the latest technology news and analysis on investments, venture capital, founders, and startups in Brazil.
Conta Simples ended the year reaching breakeven and obtained a license from the Brazilian Central Bank) to operate as an Direct Credit Society.
The Brazil-based startup is creating tools for developers of growing e-commerce brands to create high-performance digital experiences.
Worldcoin is no longer offering its Orb-verification service in India, Brazil and France, just months after the crypto startup expanded the helmet-shaped eyeball-scanning device to those markets. Tools for Humanity,…
Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by New York-based General Atlantic. The raise is believed to be the largest…
Yooga provides software for restaurants to manage orders, send orders to the kitchen, last-mile delivery and control inventory and cash flow.
The new funding will enable the company to expand its automotive credit and insurance products and introduce new features.
The new investment not only puts the company on a path toward profitability, but also solidifies its place in Brazil’s underserved grocery market.
Praso bags $9.3M, acquires Floki’s IP to simplify food purchasing for Brazilian retailers
The company connects large foodservice manufacturers with small retailers — like bars, restaurants, cafés and bakeries — a marketplace and manages fulfillment, logistics and even credit.
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A Brazilian phone spyware was hacked and victims’ devices ‘deleted’ from server
A Portuguese-language spyware called WebDetetive has been used to compromise more than 76,000 Android phones in recent years across South America, largely in Brazil. WebDetetive is also the latest phone spyware company in recent months to have been hacked. In an undated note seen by TechCrunch, the unnamed hackers described…
TikTok has already dominated the short-video and social media market, and is now looking to take on Spotify and Apple Music with its latest offering. The company announced today that…
Credit card giant Visa is acquiring Brazilian payments infrastructure startup Pismo for $1 billion in cash in what is likely one of the largest fintech M&A deals taking place this…
WhatsApp is introducing the ability for users to directly pay businesses through chat in Brazil. This means that people in the country can have end-to-end shopping experiences, from discovery to…
Aravita’s AI-powered solution for supermarkets looks at variables, including climate, seasonality and consumer behavior, to manage the purchasing of fresh food.
Mecanizou provides auto parts and the price following input of a car’s basic information. Mechanics can purchase the parts in one click and receive the parts in one hour.
If your startup doesn’t have a well-defined business model — and a backup in case the first one fails — it’s unlikely to get funded.
Portão 3 was founded as a corporate travel startup in 2020 and had released its product just as COVID hit Latin America and “all airports closed,” recalls co-founder Bianca Pereira.…
Twitter has rolled out its subscription service, Twitter Blue, to users in India, Brazil and Indonesia, it said on Wednesday, tapping large key overseas markets where it has amassed over…
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Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation
JOKR hit gross-profit status last April, but was swept into the challenging economic environment that affected the instant grocery delivery sector over the past year.
Brazilian online grocery deliverer Diferente secures $3M to increase customers’ access to healthier food
The company sources directly from organic farmers and is able to offer prices that are 40% lower than a grocery store.
Elon Musk taking over Twitter has sent some people to look for alternatives such as Mastodon and Hive. In Brazil, however, many are showing more inclination toward the India-based social…
Cainiao, the logistics arm of Alibaba, is traveling far from home to seek expansion for its business. The company recently launched its first parcel distribution center in Brazil, adding to…
Instagram, facing scrutiny from safety advocates, started testing a program in the U.S. earlier this year to verify users’ age of those claiming to be 18 or older. It uses…
Nubank’s decision is now another data point that leaves us wondering how long it will be before another Latin American fintech dares to IPO.
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Declining VC investment into LatAm startups could throttle digital growth
The decline in venture capital into Latin American startups may not prove lethal. However, it may slow the pace at which LatAm economies digitize.
Improving the diversity of global genomic data could hasten medical breakthroughs — and that’s the goal of Gen-t, a Brazilian startup working to infuse biotech with genetic data from the…
To be successful in Latin America, payment orchestrators must provide a robust value proposition that meets the unique conditions of the region.
Brazil said on Tuesday it is banning the sales of iPhones that don’t ship with a charging brick. This decision comes two years after Apple stopped including charging bricks and…
The independent restaurant customer, most likely adopting restaurant operation technology for the first time, is who Fudo is targeting.
European food ordering and delivery giant Just Eat Takeaway has revealed that it’s selling its stake in Brazil’s iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal…
Meta loosely outlined how it plans to brace its platforms for the upcoming U.S. midterm elections Tuesday, starting with political ads. In November, the nation will decide a number of…
