Thanks very much for reading Extra Crunch this week; have a great weekend.
Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels
Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.
Why Latin American venture capital is breaking records this year
The union of talent and money is what startup markets need to thrive. But there are other reasons why LatAm startups are often in the news: strong digital penetration and quick e-commerce growth.
Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America
Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities and has over 600,000 users.
Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round
La Haus, which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. The new capital was obtained as an extension to the company’s Series B, the first tranche of which closed in January. With […]
Extra Crunch roundup: Finding GTM, China’s edtech clampdown and how to define growth
“The not-so-secret secret here is that the key to great retention is really simple,” says growth expert Susan Su.