Swap, a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management. The financing was “heavily oversubscribed,” according to the company, which has now raised $28 million since its October 2018 inception. Endeavor, Tinder co-founder Justin Mateen, partners of DST Global, ONEVC, Global Founders Capital […]
Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A
Justos, a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 million Series A round of funding led by Ribbit Capital. SoftBank’s Latin American Fund and GGV participated as new investors, in addition to existing backers Kaszek, BigBets, Nubank CEO David Velez […]
“Will all great Neptune’s ocean wash this blood Clean from my hand?”
A Reuters photographer was the only journalist invited to the funeral of Xingu Chief Aritana of the Yawalapiti people whose death was a result of COVID-19.
In related news a Brazilian Senate Panel urges Pres. Bolsonaro be Charged with Crimes against Hu…
Mexico’s fintech success: How tech is driving the population to banking
Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations.
Bolsonaro must be held criminally responsible for assault on the Amazon, say activists
In a petition to the international criminal court experts said the ‘mass deforestation’ poses a clear dangerThe Brazilian president Jair Bolsonaro must be held criminally responsible for a “ruthless” assault on the Amazon that has exacerbated the clima…
Fast track to disaster? Brazil’s Grain Train plan raises fears for Amazon
Bolsonaro’s government plans to build a 1,00km railway to export soya beans despite warnings of a ‘catastrophe’ for indigenous people and the environmentThe Final Countdown blared from speakers and the crowd broke into applause as one of Jair Bolsonaro…
Coronavirus live: 1.1m in UK estimated to have long Covid; Finland to pause Moderna jab for men under 30
Official figures suggest 1.7% of the population have long-Covid symptoms, Finnish decision comes after similar moves in Sweden and DenmarkEnglish pupils may have to wear masks again if Covid cases riseHow Covid strained bonds between Nordic neighbours‘…
Rio police say €3m Nazi trove found at home of child sexual abuse suspect
More than 1,000 Nazi items discovered at 58-year-old’s homeBrazilian police investigating links to other far-right groupsPolice in Rio de Janeiro have found a haul of Nazi memorabilia and weapons worth an estimated €3m at the home of a Brazilian man su…
B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital
ZAX’s platform unites freight, delivery and payments tools to connect sellers and buyers in Brazil.
Mass protests in Brazil call for Jair Bolsonaro’s impeachment
Crowds parade through cities as polling shows president’s ratings sinking to new depths Tens of thousands of protesters have returned to the streets of Brazil’s biggest cities to demand Jair Bolsonaro’s impeachment, as a poll showed the Brazilian presi…