Albo raises $40M series C round, Ep 152
In this week’s Espresso, we cover news from Flat.mx, Crediverso,Nubank, and more!
Maqui raises $1.5M to boost its fashion production tracking software
Colombian startup Maqui, a platform focused on helping fashion companies track garment production, raised 1.5M in a pre-seed round. …
Lumu secures $30M to expand its security platform
Lumu, a Colombian cybersecurity startup, raised $30M in a Series B round. The round was led by Forgepoint Capital and…
Nubank secures $265M to expand its services in Colombia
Nubank, the Brazilian neobank, obtained a $265M loan from the IFC to expand its operations in Colombia, surpassing…
Kapital invests $50M in the acquisition and capitalization of Autofin, Ep 151
In this week’s Espresso, we cover news from Sinapse, Paymentology, Remessa Online, and more!
Sumer acquires Y Combinator-backed Preki to expand in Brazil
Sumer, a Colombian startup specializing in online store creation, has acquired Preki, a similar platform backed by Y Combinator. The…
Fretadão secures $10M funding. Syscap has secured $2.3M, Ep 150
In this week’s Espresso, we cover news from Databits, Stori, Lemon, and more!
Stable partners with Pomelo to launch a new card in Colombia
Stable, the Colombian fintech specializing in remittances and P2P payments, has launched a card powered by Pomelo. The entire…
Colombian delivery apps to provide social security coverage
The Colombian government led by Gustavo Petro reached a preliminary agreement with Alianzaln, the representative entity for prominent…
Lemon enables dollar-to-crypto conversion via Sardine
Lemon, the crypto wallet, launched a feature that allows users to convert their dollars from platforms and banks…