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…
Nubank and Rappi featured in TIME’s 100 Most Influential Companies of 2024
Nubank and Rappi were the only two Latin American companies named in TIME100’s Most Influential Companies of 2024. …
Interbank ends its alliance with Rappi
Interbank announced to its customers the discontinuation of Rappibank credit card services, effective September 23rd. This decision marks…
RappiPay obtains $112M financing to improve financial inclusion in Colombia
RappiPay, which is the Colombian Banco Davivienda and Rappi’s fintech, has obtained a $112M financing. The financial credit granted…
Insurtech Latú Seguros raises largest pre-seed round in LatAm at $6.7M
Latú Seguros, an insurtech based in Brazil, has closed a $6.7M pre-seed round led by CRV and monashees.…
Energy trader Bia wraps $6 million to lower energy costs for businesses in Colombia
Bia, a Bogota-based startup pioneering the energy trader sector just raised $6 million in a pre-seed round led…
Rappi CEO Sérgio Saraiva Pontes joins MedPass board
MedPass, a Brazilian healthtech, announced that Sérgio Saraiva Pontes, the former CEO of Rappi, is to join the…
Rappi raises over $500M in Series F
LatamList – Rappi raised more than $500M at a $5.25B valuation in a Series F funding round. The…
iFood and Domicilios merge approved by Colombia’s Superintendency of Industry and Commerce
LatamList – iFood, the food delivery super app, and Domicilios.com from Delivery Hero, will join forces after Colombia’s…
Nubank raises $400M Series G, Ep 32
In this week’s Espresso we cover updates from Latam’s unicorns and other news from startups including Latinia, Superfüds,…