Category: latin america

Terramera raises $45 million for its technology to reduce the use of chemicals in agriculture 0

ProducePay nabs $190 million debt financing to lend to farmers

Los Angeles-based ProducePay has inked a $190 million debt facility from Coventure and TCM Capital, to expand its lending business and marketplace for farmers. ProducePay offers farmers cash advances throughout the growing season to...

A look at Latin America’s emerging fintech trends 0

A look at Latin America’s emerging fintech trends

Thiago is a fintech entrepreneur, investor, and columnist. He is currently a product leader at Oyster, a neobank for SMEs in Latin America. More posts by this contributor The battle to become the Mexican...

Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team 0

Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team

It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor Senra and...

This debut venture firm, backed by an Argentine conglomerate, is investing $60 million in far-flung U.S. startups 0

This debut venture firm, backed by an Argentine conglomerate, is investing $60 million in far-flung U.S. startups

Nico Berardi considers himself to be a citizen of the world, with a penchant for travel and a wide range of interests. Unlike many other VCs, who’ve increasingly specialized their mandates as the market...

VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund 0

VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest...

Alphabet’s Loon signs deal with Telefonica to provide internet to remote parts of the Amazon 0

Alphabet’s Loon signs deal with Telefonica to provide internet to remote parts of the Amazon

Alphabet-owned Loon, the high-altitude balloon company that is using its stratospheric technology to provide internet connectivity on Earth, has signed a new commercial agreement with Telefonica-owned Internet para Todos (IpT). The IpT initiative, which...

PalmPay launches in Nigeria on $40M round led by China’s Transsion 0

PalmPay launches in Nigeria on $40M round led by China’s Transsion

Africa focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed-round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and...

Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser, Olist 0

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...

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year 0

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....

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year 0

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....

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