Yanin Alfaro (EN)

Yanin Alfaro (EN)

Tech & Funding Reporter

Journalist with experience in startups and technology applied to business. I was a reporter for the business section of Milenio, co-editor at Entrepreneur en Español and reporter at Expansión.
Startups

Rounds of the Week: Funding Still Flowing into Latin American Startups

Brazilian startups Ali and Cortex raised funds this week, with a Series A and a Series C

English version

Why Are Latin American Unicorns Opting for Debt Over Venture Capital?

Clara, Clip, Kavak and Konfio are some of the billion-dollar companies that have resorted to contracting debt to spur their growth

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

Startups

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

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

PUBLICIDAD
English version

Mobile Banking Startup Majority, Serving Immigrants in US, Closes $37.5M Series B

The financing comes just nine months after the company’s Series A, bringing total capital raised so far to $83.5 million

English version

Brazil’s Ebanx Expands into Africa as CEO Says Worst of Crisis is Over

The fintech anticipates a strong digitization push in Africa over the coming decades, as is occurring in Latin America

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

Tech & Funding

Rounds of the Week: Venture Capital Keeps Flowing into LatAm, Albeit More Slowly

Venture capital experts had already warned that investors will be more cautious, but this week they bet on Bankme, Medu Protection, Menta and Efinti.

PUBLICIDAD
English version

Carlos Slim’s Telcel, Femsa’s Oxxo Face Anti-Monopoly Probe

Both companies, leaders in their markets, are allegedly limiting customer access to competitors of Carlos Slim’s mobile network

English version

Mexico’s Plerk Lands $12M Investment Led By SoftBank Spinoff Upload Ventures

The employee-wellness startup’s founders were selected by Y Combinator but adapted the business as a result of the pandemic

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

English version

Bitso Launches Crypto Debit Card, Views Digital Asset Downturn as Cyclical

Despite the recent fall in value of cryptocurrencies, the Mexican crypto exchange unicorn says there is demand among its users for cards

PUBLICIDAD
English version

Mexico’s Auronix Lands $14.5M Structured Loan from Alloy Capital

The conversational commerce startup aims to use the capital injection to achieve sustained growth and profitability

English version

Augmented Reality, Pay-Later Model Driving Growth in Mexico’s Online Fashion Retail

The use of augmented reality and the buy-now-pay-later model is driving e-commerce fashion sales growth, according to Gerzayn Gutiérrez of Tiendanube México

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

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

L’Attitude Ventures Wields $100M to Invest in Latino Entrepreneurs in the US

The venture capital fund aims to invest from $250.000 up to several million dollars in high-potential startups founded by Latinos

English version

Mexican Proptech DD360 Lands $91M Capital Injection

The funds will be used to help the company accelerate the granting of credit for residential property developers, scale its individual credit offerings and increase investment in technology

English version

What’s the Panorama for Colombia’s Startup Space Under President Petro?

Unlike the previous government, the new president’s plans do not put much emphasis on entrepreneurship, but there is focus on innovation, according to Alexander Riascos Caicedo, executive director of the Emprende Mejor foundation

Startups

Mexican Unicorn Clara Lands $150M Goldman Sachs Credit Line

The fintech will use the cash to weather the crisis while strengthening its finance team with a focus on mitigating risk

PUBLICIDAD
Startups

NG.CASH, Ruuf, Lumu Among Startups that Got Capital this Week in LatAm

Despite the crisis, venture capital bets on Latin American startups. This week industries such as mental health, beauty, and cybersecurity raised early stages of investment

English version

Brazil’s First Tech SPAC: Semantix Debuts on Nasdaq

The data platform has merged with Alpha Capital and went public in the US

English version

Argentina’s Geopagos Nets $35M in Round Led By Riverwood Capital

The 9-year-old company seeks to accelerate access to digital payments in Latin America, and wil use the new funds to strengthen its entry into Brazil, the company’s CEO Sebastián Núñez tells Bloomberg Línea

English version

Puerto Rican Insurance Startup Raincoat Raises $4.5M Seed Round

The company, which offers insurance against natural disasters, was founded on an island lying in the path of hurricanes

PUBLICIDAD
Startups

Rounds of the Week: FinanZero and Hitch Raise Capital in LatAm

A fintech and an HR tech raised capital to accelerate their businesses in Brazil and Mexico

Startups

Entrepreneurs in Mexico Like the Metaverse, but Only a Few Know What It’s About

A survey shows that retail and financial services are the sectors most interested in entering that network of virtual worlds

Tech & Funding

Casai Lays Off Staff in Brazil, Mexico as It Plans a Merger with Loft’s Nomah

Running out of cash, the proptech laid off dozens in Brazil and Mexico and is in talks to merge with a unit of Brazilian unicorn Loft

Tech & Funding

E-Wallets Have a Shot at Amplifying Financial Inclusion in LatAm, Says MOVII CEO

Cash is still king in the region, but sometimes it is a constraint. Digital wallets are a gateway to financial inclusion, says Hernando Rubio, CEO and co-founder of MOVII Colombia

PUBLICIDAD
Startups

Rounds of the Week: Generation Z Startups Raise Seed Capital

Early stage startups are the most countercyclical and will not suffer the effects of the venture capital crisis, experts say.

Startups

From Fintechs to Incumbents? The Neobanks Buying Banks in LatAm

Mexico’s Credijusto, Argentina’s Ualá and Brazilian Creditas acquired banking licenses as a way to raise funds

Startups

Rounds of the Week: From a New Unicorn to Early-Stage Funding in LatAm

The semi-annual Transactional Track Record (TTR) report reveals that Brazil and Mexico had an increase in their investment rounds of 15% and 9%, respectively.

Startups

Mexican Fintech Stori Extends Series C, Achieves Unicorn Status

The credit card venture has achieved a valuation of $1.2 billion after extending its Series C with $150 million led by BAI Capital, GIC and GGV Capital

PUBLICIDAD
English version

The 10 Latin American Startups that Received the Most Capital in First Half of 2022

In the first six months of the year, before the macroeconomic crisis kicked in, there were rounds totaling more than $90 million in the region

Startups

Seasoned Entrepreneurs Emerge As Angel Investors for Latin American Startups

In a more mature startup sphere, experiences entrepreneurs are acting as investors in startups, sharing their knowledge with a new generation of pioneers

Startups

Impending Recession Not Slowing M&As of Latin American Unicorns

Chilean corporate benefits unicorn Betterfly has bought Flexoh, while Frete.com has $55 million with which to purchase companies in Brazil

Startups

Rounds of the Week: Brazilian Startups Continue to Capture Funding

The volume invested in Brazilian early-stage startups grew in the first half of 2022, according to a report by Distrito

PUBLICIDAD
Startups

Creditas Expands its F Series, Keeps Valuation, Buys Bank in Brazil

In an interview with Bloomberg Línea, Creditas CEO and founder Sergio Furio said that the unicorn will not become a bank, but will use Andbank to raise capital markets

English version

Latin America Embraces Billion-Dollar Business of Open Banking, But Progress Slow

The open banking market will be worth $43 billion in 2026, according to the Open Banking Market by Financial Services and Distribution Channel report by Allied Market Research

Startups

Rounds of the Week: Startups, Funds and Sectors Where Money Moved in Latin America

LAVCA partial figures show that Latin America has already surpassed $2 billion investment during the second quarter of 2022

English version

Why Latin America’s Startup Sphere Still Inspires Investor Optimism

Companies in the region received record investment in first quarter, and the Association for Private Capital Investment in Latin America is optimistic of continued growth and resilience

PUBLICIDAD
Startups

68% of VC Funds Suffer Drop in Value During First Quarter

So far this year, venture capital funds worldwide have seen an average 7.8% drop in value, according to a Pitchbook analysis

Startups

Rounds of the Week: Around, Eva Center and Lemon Energia Secure Funding

Even though the region saw some late-stage movements this week, earlier rounds gathered more deals

Startups

Endeavor Predicts Startups in LatAm Will Receive Fewer Rounds Above $50M in 2022

In the last year, 79% of venture capital committed in Latin America was part of rounds of more than US$50 million; four times more than in 2020. However, with the current crisis, capital might flow more cautiously

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