Tag: peru
Kaszek Ventures leads a $15 million round in Chilean asset management startup, Fintual
Like other financial sectors in Latin America, the retail investing space is getting a facelift by local tech startups that are cashing in on the untapped potential for democratizing asset management in the region. One of those startups is Chilean-based Fintual, which today announced a $15 million round led by…
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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D
The COVID-19 pandemic has led to people everywhere shopping more online and Latin America is no exception. São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. With more people in Latin America getting used to making purchases…
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Facebook’s Discover app is a new take on its Free Basics internet service
This week, Facebook released Discover, the latest take on its Free Basics “web for all” work. Available in Peru, Discover is a mobile web and Android app that provides users with a daily balance of free data from participating mobile operators. It’s… Source
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Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom
Sophia Wood Contributor Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back Latin America Roundup:…
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Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million
Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain…
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Peru’s startup scene is ready for more
Greg Mitchell Contributor Greg Mitchell is regional director of Angel Ventures, a startup investor and advisor and is the creator of the blog Ruta Startup. Funding of Latin American startups has doubled each year over the past two years. And while most of this capital has been directed toward Brazil…
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