In a country where many people are still unbanked, and queuing to pay bills is part of daily life, the impact of being able to pay anyone instantly can’t be understated.
Fact-checkers write open letter urging YouTube to get serious about COVID misinformation
A group of more than 80 prominent fact-checking organizations around the world is pressing YouTube to take action against COVID misinformation, which still prevails on the platform now two years into the pandemic. “As an international network of fact-checking organizations, we monitor how lies spread online — and every day, we see that YouTube is […]
With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient
Brazilian construction tech startup Ambar announced it has raised a large Series C round of R$204 million, approximately $36 million, to boost the digitization arm of its business.
Brazil’s Olist gets its horn with new $186M funding round
Olist said it tripled its size in 2021 and closed on four acquisitions within the last year.
Instant grocery delivery startup JOKR bags another huge round to enter unicorn status
The company touts itself as “one of the fastest companies to reach unicorn status in history.”
Mexican BNPL player Kueski secures $202M in debt & equity as it nears $100M+ in ARR
Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greenspring Capital) led the $102 million equity round and Victory Park Capital led the $100 million debt financing. StepStone was joined by other new investors including […]
Meru.com takes in new capital toward its goal of being LatAm’s ‘Alibaba’
Meru customers can select and purchase products in minutes with a guarantee from the company that they will receive those products and at the best market prices.
Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens
The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers.
TechCrunch+ roundup: Growth budgets, hiring tips, zero-party data Twitter Space
Are you curious about marketing with zero-party data? Join a Twitter Space with with Ben Parr, president and co-founder of Octane AI, tomorrow at 3 p.m. PST/6 p.m. EST.
Latin America’s food paradox
If we want to successfully address malnutrition in Latin America, agritech and food tech solutions need to come from within.