Mendel closes investment round for $60M. Beat shuts down operations in Latin America, Ep 120

This week’s Espresso covers updates from Beat, Netpay, Yave, and more!

Outline of this episode:

• [00:28] – Oxio integrates with Telcel in Mexico
• [00:56] – Mendel closes equity and debt financing round for $60M
• [01:30] – Beat ceases operations in Latin America
• [01:51] – Muncher secures a $27M Series B round
• [02:21] – Liti announces a $4M seed round
• [02:52] – FEMSA acquires Netpay
• [03:23] – Yave raises $7.5M in a funding round
• [03:45] – Agrolend closes $28M Series B round
• [04:11] – New Crossing Borders episode
• [04:31] – Event on The Future of Work

Resources & people mentioned:

• Companies & Startups: Oxio, Telcel, Mendel, Beat, Muncher, Liti, FEMSA, Netpay, Yave, Agrolend, Laboratoria, Talanta.
• VCs, Accelerators, Institutions: Industry Ventures, Infinity Ventures, Victory Park Capital, Glisco Partners, Monashees, Canary, Grão, Norte, Eclipseon, Newtopia, The Fund, Latitud, Better Tomorrow Ventures, Metaprop, Lightrock.
• People: Mariana Costa.