Isabela Fleischmann (EN)

Isabela Fleischmann (EN)

Reporter

Brazilian journalist specialized in covering technology, innovation and startups with stints at Estadão and LABS. Postgraduate in communication and political culture at State University of Londrina, currently studying programming and data analysis at Insper.
English version

SoftBank Eager to Keep Investing in LatAm, But Startups Are Delaying Fundraising

Rodrigo Costa, a partner at the investment bank, says he hopes to announce new investments soon

English version

Rounds of the Week: Solfácil Secures $30M Series C Extension

Solfácil extended its Series C by $30 million, while startups such as Sugo Company, Heru and HelloSafe also raised rounds

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Brazil’s Antitrust Watchdog Fines Naspers Over Delivery Hero Stake Purchase

Naspers/Prosus, the investment holding that owns Movile and iFood, acquired a majority stake in the German delivery company in 2017

Startups

Rappi Still Has an Appetite for an IPO, Member of Founding Team Says

Andrés Bilbao says he still has hopes the Colombian unicorn will go public, has no plans to sell the company, and how startup founders need to “think big”

PUBLICIDAD
English version

Why Has Kavak, Latin America’s Most Valuable Unicorn, Chosen the Debt Route?

The used-vehicle sales platform has signed loan agreements with HSBC, Goldman Sachs and Santander, which the startup says will be used to grow its inventory

Startups

Rounds of the Week: Vidia, Carvuk and DolarApp Raise Funds

Early-stage Latin American startups remain attractive to hedge funds and angel investors

English version

Banks Want to Bet on Startups’ Debt, but Equity Investors May Be Wary

Itaú has $57 million to invest in venture debt for early-stage startups, but for General Atlantic, taking on debt requires caution

English version

Nubank to Delist from Brazil’s B3 Stock Exchange

Shareholders may opt to migrate to receive either Level I BDRs or Class A shares on the New York Stock Exchange

PUBLICIDAD
English version

EXCLUSIVE: Investors See End to IPO Drought in Brazil

Directors at JP Morgan and General Atlantic are optimistic that, with falling inflation next year, and once the elections are behind us, there will be a revival of primary and secondary offerings

Startups

Brazil’s Bravium Raises $19M from Bridge One in New Merger Structure

The B2B and B2C company is merging with Satelital and Atrus to grow commerce and loyalty programs in Latin America

Startups

Brazilian Former Central Bank Chief Invests in Gene Bank Startup

Armínio Fraga and Eduardo Mufarej, former CEO of Tarpon Investimentos, are putting $2 million into gen-t

Startups

Rounds of the Week: Healthtech, Foodtech and Fintech Capture Funds

Latin American early-stage startups that received investments this week include Cuéntame, b4waste, Magis5, Credix, Draftea and Haro

PUBLICIDAD
English version

Uber Founder Grows CloudKitchens in Brazil with Capital Boost from Microsoft

Travis Kalanick has expanded his US startup CloudKitchens by buying and installing ‘dark kitchens’ in Latin America over the past three years

Former SoftBank COO Marcelo Claure Invests in Credix’s Series A

Besides Claure, Itaú's president in Latin America, Ricardo Villela Marino, put his stake in the blockchain credit origination fintech

English version

M&A Season: Semantix, Totvs, and Frete.com Go Shopping for Brazilian Startups

The companies have bought startups Zetta, Feedz, and Rotas Brasil, from the health, HR, and transport sectors

English version

Impact for Latin America Unclear As SoftBank Plans Vision Fund Staff Cuts

The Vision Fund has around 500 staff, including in Latin America, but “nothing has been decided” about the impact on the region, the Japanese bank tells Bloomberg Línea

PUBLICIDAD
English version

Brazil’s 2TM Cuts 15% of Staff, Blames ‘Unfair Competitive Environment’

The cryptocurrency exchange from unicorn group 2TM said “adversity in the economy” and an “unfair competitive environment” prompted the layoffs

English version

Former Hash COO Launches Financial Infrastructure Startup Fiinco

Ademar Proença’s new venture aims to give companies access to financial services

Startups

Brazilian Corporate Benefits Startup Caju Captures $25M in Series B

Even in an adverse moment for startups, Caju said its valuation has increased over its Series A

English version

After Merging Casai and Nomah in Brazil, Loft Opens Shop in Mexico With its Own Name

The company already had a presence in the country since acquiring local startup TrueHome in October 2021, and which will now be called Loft Mexico

PUBLICIDAD
Startups

QuintoAndar to Allow Owners to Negotiate Directly with Tenants

According to Caio Oliveira, QuintoAndar’s product director, the new feature meets demand from users of the platform who want hands-on management

English version

Snap and Facebook Join List of Companies Cutting Talent As Payrolls Eat into Profits

Tech companies laying off staff and freezing hiring is a result of inflation and the need to increase employee pay, according to Seth Ravin, CEO of software provider Rimini Street

English version

Inspired By Brazil’s Pix, Federal Reserve Reportedly Plans Similar Payments Model

US central bank plans to launch ‘FedNow’ in 2023, an instant payments model similar to Brazil’s Pix

English version

Pix-Based Fintech Pagaleve is Salesforce Ventures’ First Investment in Brazil

Pagaleve raised $25M in a Series A led by Salesforce’s venture capital arm, in addition to an undisclosed amount of debt

PUBLICIDAD
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Brazil Moving Toward ‘Tokenization’ of the Economy, Central Bank Chief Says

According to the central bank’s schedule, September will see the start of the execution of its digital currency projects, to be concluded early next year

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LatAm Seed and Early-Stage Startup Investment Maintain Upward Trend

One of the reasons why valuations haven’t dropped as much for early-stage in Latin America may be to do with large-growth investment firms going early-stage, according to Carolina Strobel, a partner at Redpoint Eventures and Antler

English version

Investor Advises Founders to Hold Capital in Uncertain Times

In 2020, Advent raised $2 billion for its seventh fund dedicated to Latin America, and this year raised $25 billion for its second-largest global fund

Startups

Rounds of the Week: Monashees Leads Investments, Says Companies Have 2-Year Runway

LAVCA data shows that the number of seed and early-stage investment in Latin America grew in the first half of 2022

PUBLICIDAD
English version

Why Rappi and iFood Are Selling World Cup Stickers in Brazil

Delivery apps are offering fast sticker delivery in Brazil; Rappi is considering enabling sticker ‘trading’ through the platform

Startups

Rappi Mafia: Sao Paulo-Based Colombian Woman Raises $6.7M Pre-seed Round in LatAm

Former Rappi, Paola Neira is the founder of Latú, an insurance startup for businesses that has raised $6.7 million

Startups

Brazilian Unicorn MadeiraMadeira Makes Third Acquisition With Casatema Buyout

The SoftBank-backed marketplace has bought Casatema, which designs and sells children’s furniture

Startups

Rounds of the Week: Fintech Sector Continues to Dominate Early-Stage Funding

Argentine, Chilean and Brazilian fintech companies were among the recipients of capital in Latin America this week

PUBLICIDAD
English version

iFood Hits $5.4B Valuation, Surpasses Colombian Rival Rappi

The Brazilian delivery company has become Brazil’s most valuable startup and the second most valuable in Latin America

English version

Loft Finds New Home for Nomah in Merger With Casai

Loft and Nomah’s current investors, Andreessen Horowitz and Monashees, are putting money into the resulting company

Tech & Funding

MercadoLibre Launches MercadoCoin, Adds Crypto to Its Loyalty Programs

The cryptocurrency starts off worth 10 cents on the dollar and will then be subject to market fluctuations

English version

Entrepreneurs Must ‘Normalize Uncertainty’ in Times of Crisis, Gympass CEO Says

Cesar Carvalho reveals how he saved his billion-dollar business during the pandemic, and how teamwork is key in a crisis

PUBLICIDAD
English version

VC Investment in Latin America Falls 19% in First-Half

LAVCA data shows that Latin America received $5.4 billion in 541 rounds in the first half of 2022

English version

General Atlantic’s Escobari: ‘We Are Not Yet at the Darkest Moment of the Night’

Co-chairman of growth equity giant believes the US is heading for a recession, and says entrepreneurs should prepare for the worst

English version

Nubank Praises Pix’s Boom, Predicts it Will Replace Debit and Credit Cards in Brazil

Credit cards are like Netflix’s original business of sending physical DVD’s to people’s homes; Pix is the new digital future, says Nubank’s CFO Guilherme Lago

English version

Nubank Makes Management Changes, Youssef Lahrech Named New President

The Brazilian fintech reported revenues and profit above market expectations in second quarter, while Cristina Junqueira, CEO in Brazil, will also take on the role of Chief Growth Officer

PUBLICIDAD
Startups

Why Is Marc Andreessen Backing WeWork’s Founder Adam Neumann?

Neumann’s new endeavor, Flow, seeks to solve the US housing crisis through the community concept WeWork was based on

Brazil News

Rafael Forte Says Vtex Is No Longer a Unicorn, Prefers Good Quarterly Results

In quarterly results, the company reported GMV and revenue growth. But not even the lower loss reflected on the company’s market cap

Startups

Glass Half-Full: VC Funds Keep Raising From LPs to Invest in LatAm

At Kaszek and Monashees, most of the family offices are global investors who ‘understand the cycle’

Startups

Brazilian Klavi Series A and More Rounds of the Week in LatAm

Chile's Reversso is among the startups that received capital in Latin America to grow

PUBLICIDAD
English version

VCs Advise Startups Running Out of Cash: Try in the M&A Markets

Startups that run out of cash seek means to survive and M&A is option advised by VCs

English version

Brazil’s Central Bank President Sees Room for Pix Expansion in Latin America

Roberto Campos Neto says he will meet Colombian central bank to teach how Brazil made an instant payments system

English version

Brazil’s XP Beats Bear Market and Hits Record Revenue in Q2

The brokerage had revenues of R$3.6 billion; CFO Bruno Constantino says XP wants to buy company’s shares owned by Itaú

Brazil News

Data Security Is the Big Challenge for Fintechs: Bradesco CEO

Octavio de Lazari says incumbent banks must partner with new players to keep in the game

PUBLICIDAD
Startups

Serena Williams Wants to Bring Her Passion for Seed Investing to LatAm

Williams says women naturally come to Serena Ventures because they feel like having a chance for them to be heard and seen

Brazil’s Loggi Switches CEO, Lays Off 15% Of Staff Citing ‘Operational Efficiency’

Fabien Mendez is stepping down as CEO of Brazilian unicorn Loggi, with CFO Thibaud Lecuyer to take over the top role

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