Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser, Olist

Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser, Olist

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming Read more…

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Ebanx, the newly minted Brazilian financial services unicorn, expects to process $2 billion in payments by the end of the year and is looking to expand its offerings into domestic payments as it grows. Since its launch in 2012, Ebanx has primarily focused on helping international merchants sell locally in Read more…

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Ebanx, the newly minted Brazilian financial services unicorn, expects to process $2 billion in payments by the end of the year and is looking to expand its offerings into domestic payments as it grows. Since its launch in 2012, Ebanx has primarily focused on helping international merchants sell locally in Read more…