Rappi

Yummy is working with over 8,000 merchants, processing 800,000 monthly transactions across its markets and growing over 40% quarter over quarter.

Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.

So, why does a16z need its own Y Combinator? The better question appears to be: Why not?

Its API technology can approve businesses for the BNPL in seconds so they can begin offering the installments.

Community leaders centralize the orders, suppliers drop off the orders with Muni, which picks and packs them for the community leaders to manage the last-mile delivery and collect payments.

Venture capital continues to flow into Latin America at a staggering rate. Just over $15 billion went into startups in 2021, according to LAVCA. That was three times more than…

Company owners can integrate BHub with their financial systems and view everything through one financial dashboard.

When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.

Orchata’s mobile app enables consumers in Mexico to get groceries delivered in 15 minutes with no substitutes and at supermarket prices.

Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late…

Jeeves, which is building an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100…

Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. A mix of…

Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. The…

Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among…

As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.

After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion into the fund.

Every once in a while, an organization implodes so fantastically that it’s hard in retrospect to understand why another outcome once seemed possible. With every passing day, SoftBank — which…

Brazil’s famously tricky real estate market has long drawn international investors to the region in search of tech solutions.

The new year isn’t even a month old and the food delivery crunch is already taking big bites. Spain’s Glovo has today announced it’s exiting four markets — which it…

This week we’ve covered layoffs at unicorns both inside the Vision Fund and out. This afternoon we add two more to our list: Oyo and Rappi. The staff reductions are…

Latin America’s startup and investment ecosystem has likely more than doubled this year as compared to 2019.

E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell…

Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming the first startup from the southern part of the country to top a $1 billion valuation. U.S.-based FTV…

Because of its vast population distributed in more or less similar countries regarding language, culture and religion, Latin America is an especially compelling region for the emergence of super apps.

Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefited more from…

Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track…

It’s not easy to raise growth-stage capital in Latin America, but it’s getting easier. As startups begin to flourish in the region’s largest markets, available funding is evolving to suit…

Rappi, an on-demand delivery startup, is raising $1 billion from the Japanese telecom giant.

Despite not being Brazilian and having their first exposure to the country only a few years ago, the two co-founders of Escale have managed to raise $22.6 million for their…