Kavak raises $127M in down round, drops valuation to $2.2B
Mexican used car platform Kavak raised $127M in equity funding at a $2.2B valuation, down from $8.7B in…
Magalu raises $130M from the IFC
Brazilian multi-channel retailer Magalu raised $130M from the International Finance Corporation (IFC). The financing includes a $100M loan…
Kavak raises $127M, Ep 204
This week’s Espresso covers news from Finaktiva, Smart Compass, Mombak, and more! Outline of this episode: Resources &…
The New Wave of Startup Scams: What Founders Need to Watch Out For
The harsh fundraising climate in Latin America is creating a perfect storm. Founders are under pressure. Venture cycles…
Altis raises $2.6M in equity and debt
Brazilian fintech startup Altis raised $2.6M in equity and debt, with participation from Magma Partners and Latitud. Altis…
ActiveCampaign acquires Mexican WhatsApp automation startup Hilos
ActiveCampaign acquired Mexican WhatsApp automation platform Hilos for an undisclosed amount. Hilos helps businesses automate one-on-one messaging on…
Latamlist Roundup April 1st – 15th: Nubank launches private payroll loan
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintechs dominated the headlines…
Toku raises $48M Series A extension to expand payments platform
Chilean fintech Toku raised a $48M Series A extension led by Oak HC/FT, with participation from Gradient Ventures,…
Banorte acquires RappiCard in $50M deal
Grupo Financiero Banorte, one of Mexico’s largest banks, signed a $50M agreement to acquire full ownership of the…
AdmiralONE raises $462K and acquires two startups
Chilean Regulation tech startup AdmiralONE raised $462K from angel investors. Along with this round, AdmiralONE announced the addition…
Onfly raises $40M Series B to expand corporate travel platform
Brazilian travel tech Onfly raised a $40M Series B round led by Tidemark, with participation from Endeavor Catalyst…