Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs

Marco Financial, a new Miami-based startup, is looking to take a piece of the roughly $350 billion trade finance market for Latin American exporters with its novel factoring services business.  Small and medium-sized businesses in Latin America can have trouble getting the financing they need to launch export operations to the U.S. and Marco said […]

Lana has launched in Latin America to be the one-stop shop for gig workers’ financial needs

Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech. Founded by serial entrepreneur Pablo Muniz, whose last business was backed by one of Spain’s largest financial services institutions, BBVA, Lana is looking to be the all-in-one financial services provider for Latin America’s gig economy workers. […]

How Moovit went from opportunity to a $900M exit in 8 years

Omar Téllez Contributor Share on Twitter Omar Téllez is a private investor in several tech companies based in LatAm and Silicon Valley. A member of Niantic’s executive team, he was previously president of Moovit. More posts by this contributor Top VCs Are Chasing Digital Companies In Latin America Why Ed Tech Is Taking Off In […]

The Not Company, a maker of plant-based meat and dairy substitutes in Chile, will soon be worth $250M

TechCrunch ist Teil von Verizon Media. Klicken Sie auf ‘Ich stimme zu.‘, um Verizon Media und dessen Partnern Ihre Einwilligung zu geben, Cookies und ähnliche Technik zu nutzen, um auf Ihr Gerät zuzugreifen und Ihre Daten (einschließlich Standort) zu nutzen, um mehr über Ihre Interessen zu erfahren, personalisierte Anzeigen bereitzustellen und deren Effektivität zu messen. […]

Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank.  This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá, Tencent and Softbank will join a […]

Uber to acquire grocery delivery startup Cornershop

Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary regulatory […]

Google announces 18 new renewable energy deals

Google today announced its largest package of renewable energy deals yet. Worth a total of 1,600-megawatts, the package includes 18 deals in the U.S., Chile and Europe. This brings Google’s current set of wind and solar agreements to about 5,500 megawatts (MW) and the company’s number of total renewables projects it’s involved in to 52. […]

Kaszek Ventures raises $600 million in two funds as Latin America’s startup market booms

Kaszek Ventures, the investment firm that has been one of the primary architects of the recent boom in startup financing and growth in Latin America, has just raised $600 million across two new funds. The new commitments (raised in roughly two months) put Kaszek’s total capital under management at roughly $1 billion, making the firm […]

Andrew Ng’s AI companies expand to Medellin, Colombia

After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building AI companies and Landing.ai, which […]

How US national security agencies hold the internet hostage

Three of Google’s planned submarine cables are on indefinite hold while Team Telecom investigates Mark Harris 23 hours Team Telecom, a shadowy US national security unit tasked with protecting America’s telecommunications systems, is delaying plans by Google, Facebook and other tech companies for the next generation of international fiber optic cables. Team Telecom comprises representatives […]