Stori becomes Mexico’s new unicorn after a $150M round. Betterfly lands in the European market, Ep 103

This week’s Espresso covers updates from Betterfly, Stori, DEUNA, and more!

Outline of this episode:

• [00:28] – eCommerce startup DEUNA raises $30M in Series A round
• [01:11] -Mexican fintech Stori reaches unicorn status after $150M round
• [01:52] -Creditas extends Series F round and closes in $310M
• [02:25] -Mexican startup Urbvan is acquired by Swvl
• [02:55] -Chilean Insurtech Betterfly acquires the Spanish fintech Flexoh
• [03:40] -Argentinian startup Ucrop.it raises $3.1M in a funding round
• [04:14] –New episode of Hacking Insurance with Federico Suarez and Marisol Sanchez
• [04:36] -Alejandro Guízar’s latest article on The startup ecosystem in Mexico’s largest entrepreneurship hubs: Mexico City, Guadalajara, and Monterrey
• [04:57] –New episode of Crossing Borders

Resources & people mentioned:

• Companies & Startups: DEUNA, Stori, Creditas, Urbvan, Swvl, Betterfly, Flexoh, Ucrop.it, Open Banking Exchange, Clupp, Andbank, Quansa.
• VCs, Accelerators, Institutions: Insurtech Association Mexico, Aluna Partners, Activant Capital, Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures, BAI Capital, GIC, GGV Capital, Yugen Partners, The Yield Lab.
• People: Rodrigo Alfonso, Federico Suarez, Marisol Sánchez, Alejandro Guízar, Gonzalo Blanco.