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Posts Tagged ‘latin america’

Miami won’t be the next Silicon Valley because we don’t need another one

Miami is reflective of the future of global startup hubs. It won’t be the next Silicon Valley, because we don’t need another one. ...

YC-backed Blabla raises $1.5M to teach English through short videos

Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch Blabla. Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. A ...

MadeiraMadeira, Brazil’s answer to Wayfair and Ikea, is now worth over $1 billion

MadeiraMadeira, the Brazilian answer to Wayfair or Ikea, is now worth $1 billion after raising $190 million in late stage financing from investors led by SoftBank’s Latin American investment fund and the Brazilian public and private investment firm, Dynamo. An online marketplace specializing in home products, MadeiraMadeira offers roughly 300,000 products so customers can build ...

On the diversity front, 2020 may prove a tipping point

While it remains an ongoing challenge to get these numbers in sync with other industries, there were two developments specifically in 2020 that may beget more action in 2021. ...

Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues

Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($196.66 million) and the new round will value the company at $1.75 billion thanks to $570 million raised in outside ...

With investors expecting a Latin American cryptocurrency boom, Mexico’s Bitso raises $62 million

Six years after the launch of the Mexico-based crypotcurrency exchange and financial services platform Bitso the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America.  The three major cryptocurrencies are all trading up in the waning months of 2020, with Bitcoin prices ...

Will Brazil’s Roaring 20s see the rise of early-stage startups?

The capital market boom might be temporary, but the emergence of a new economy in Brazil supported by new local investors and new players is a trend that has been building up for some time ...

Index ventures into Latin America to back Sofia, a Mexico City-based telemedicine and health insurer

Arturo Sanchez and his co-founders have spent the past two years developing the telemedicine and insurance platform, Sofia, as a way to give customers across Mexico better access to quality healthcare through their insurance plan. Along with his co-founders, Sebastian Jimenez, a former Google employee who serves as the company’s chief product officer, and Manuel ...

Startup fundraising is the most tangible gender gap. How can we overcome it?

Closing the gender gap in VC funding is no simple task, but it’s one that must be undertaken. ...

In Peru, Machu Picchu to reopen Sunday after 7 month closure for COVID-19 which is spiking again in Peru

PERU: Access to the ancient Incan citadel of Machu Picchu has been all but entirely closed for seven months due to the coronavirus pandemic. Peru's No. 1 tourist draw reopens Sunday, even though coronavirus continues to escalate in Latin Amer... ...