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.
Why QED, hot on Nubank, is bullish about LatAm fintech
QED’s first investment in the region was Nubank, a deal that is set to pay off handsomely.
TechCrunch+ roundup: Holiday marketing tips, low-cost NFTs, SaaS sprawl study
Cargo ships are stacked up outside ports, and empty shipping containers are in short supply, as are the truck drivers who would take them to market. This is not the time for doing business as usual.
Tiger Global leads $25M investment into Swap, which aims to be ‘LatAm’s fintech factory’
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 […]
TechCrunch+ roundup: Slashing technical debt, IPO analysis, your first comms hire
Early-stage entrepreneurs eager to ship usually spend more time calculating their startup’s burn rate than selecting an optimal development environment. As a result, technical debt can accumulate.
a16z, Base Partners cook up $15M in funding for Colombia cloud kitchen concept Foodology
Foodology collects data on user preferences and cross-references that with nearby food options in a geographical area to manage the end-to-end creation of original dishes with delivery.
Jaguar Ventures roars into its next phase with name change, new fund
The new fund will enable Wollef to finally write the larger checks they weren’t able to with their previous funds.
Olympus US hack tied to sanctioned Russian ransomware group
An “ongoing” cyberattack against the Japanese technology giant Olympus was caused by a Russian ransomware group sanctioned by the U.S. government, according to two people with knowledge of the incident. A new malware variant known as Macaw was used in the attack that began on October 10, which encrypted Olympus’ systems in the U.S., Canada […]
TechCrunch+ roundup: Automattic TC-1, federal startup grants, ‘getting s*** done day’
Our latest longform look at a notable tech company examines Automattic, “the leading commercial complement to the open-source WordPress publishing platform.”
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.