Colombia

Bold provides low-cost payment terminals, called dataphones, that enable small and medium businesses to accept link payments.

General Atlantic leads $50M Series C into Bold to grow digital payments in Colombia

Cobre’s corporate treasury platform gives CFOs more visibility and control over their company’s financial transactions and a way to digitize and automate their payment processes.

Cobre secures $13M to help CFOs in Colombia automate corporate payments

To be successful in Latin America, payment orchestrators must provide a robust value proposition that meets the unique conditions of the region.

For LatAm payment orchestration startups, market fragmentation is a blessing in disguise

The independent restaurant customer, most likely adopting restaurant operation technology for the first time, is who Fudo is targeting.

Andreessen, Atlantico, MAYA Capital add some dough to Fudo’s restaurant tech recipe

Rebill differs from legacy providers in that it is targeting medium to large companies, is cloud-based and sold on a subscription basis so customers just have to pay a license…

Tiger Global, YC back Rebill’s subscription payment platform for Latin America

The Mexico-based company enables retailers to bring their inventory relationships online, expand their product selection and get more favorable credit terms.

Miferia wants to expand its wholesale inventory marketplace across Latin America

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Latin America’s slowing VC market hides local strength

To really understand what’s going on with Latin American venture capital funding, we have to go deeper than the regional perspective can afford us.

Latin America’s slowing VC market hides local strength

Treggo works with thousands of last-mile providers to give merchants information on the best delivery provider in a certain zip code.

Treggo, armed with new funds, takes on crowded Latin American last-mile delivery sector

The company is targeting the region’s challenges of customer acceptance, conversion and fraud with its “Commerce 3.0” payment infrastructure. 

DEUNA enters Latin America’s crowded one-click checkout sector flush with $37M

Six years on from the referendum where the United Kingdom voted to leave the EU, and in the midst of an apparent government meltdown, the country is announcing its first…

UK signs its first data sharing deal post-Brexit, with South Korea

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MAYA Capital closes second fund with $100M for early-stage Latin American startups

This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies.

MAYA Capital closes second fund with $100M for early-stage Latin American startups

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank. 

Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses

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It’s correction time for Latin American VC activity

Let’s dig into the early Q2 data on venture capital investment into LatAm startups, and then discuss the halo effect — or lack thereof — of Latin American giants like Nubank.

It’s correction time for Latin American VC activity

More than 80% of food delivery orders in Latin America are still made over phone calls and settled with cash. OlaClick, a young startup that is helping these restaurants sell…

Meta and Google’s Gradient back LatAm startup OlaClick

Pandas connects Latin America’s small businesses directly with Asian manufacturers to reduce logistical problems and high fees often imposed by importers and intermediaries.

Pandas wants to give Latin American businesses buying power in Asia

The company delivers a package every 20 seconds and services customers of all sizes, from AB inBev and Red Bull to small Shopify merchants.

clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

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Habi, a Bogota-based proptech, has closed on $200 million in a Series C funding round co-led by Homebrew and SoftBank Latin America Fund. The startup did not reveal its exact…

Colombian proptech Habi reaches unicorn status with $200M raise co-led by SoftBank and Homebrew

The company offers technology in the form of APIs and widgets that businesses can use to create investment products for their customers.

Gradient Ventures backs Mentum’s goal to democratize investment services in LatAm

Its technology connects retailers with suppliers for inventory discovery and also provides credit so retailers can flexibly pay suppliers.

Inventa poised to enter Mexico, Colombia with its supplier marketplace

Founder and CEO Ralf Wenzel, discussed, according to him, why his company’s grocery delivery model is doing better than most.

Here’s how JOKR became gross-profit positive amid a cutthroat grocery delivery industry

Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.

Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its…

PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia

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Latin America’s decline in VC investment isn’t necessarily bad news

Latin America is an interesting place to dive into what might be coming for startups. Why? Because dollar funding has now fallen for three consecutive quarters in the region.

Latin America’s decline in VC investment isn’t necessarily bad news

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VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

Truora, a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money.  Founded in August 2018, Truora was originally focused on background checks…

VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.

Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

Mass transit and shared mobility provider Swvl went public today in a landmark moment for Egyptian and Middle Eastern tech ecosystems. It’s also a test for the company going public…

All eyes are on Swvl as it starts trading on a SPAC combination

Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the…

Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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The company develops secured loans for motorcycles, cars and trucks so borrowers can improve their income.

Migrante steps on the gas of vehicle leasing for gig workers in Latin America