Mexican startup OCN, formerly known as OneCarNow, which offers car rentals for gig workers in Mexico and the US, raised a $86M Series A in equity and debt
Huge appreciation to our advisors and investors that have been backing us since day one: …
Source: Brazilian e-commerce startup Vtex, which has an $820M market cap, cut ~200 jobs, or 13% of its workforce; Mexican crypto exchange Bitso cut 80+ staff
Isabela Fleischmann EN / Bloomberg Línea :
Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains
Quick Take — Tether has launched a new stablecoin pegged 1:1 to the Mexican peso. — It will be initially available on Ethereum, Tron and Polygon.
Mexican buy now, pay later service Aplazo raises a $27M Series A led by Oak HC/FT, bringing its total raised to $35M
Christine Hall / TechCrunch :
Clip, a Mexican mobile payments startup targeting SMBs, raises $250M from SoftBank's Latin American fund and Viking Global, at a valuation of $2B
- New round of investment values Mexico's Clip at $2 billion — Goal is to expand and hire 320 people in the next 18 months
Mexican online grocer Jüsto raises $65M Series A led by General Atlantic; PitchBook says it's the largest Series A raised in Latin America in the past decade
Mexican neobank Flink raises $12M Series A led by Accel
Mexican digital bank albo raised $45M Series B from investors including Valar Ventures and Greyhound Capital, claims 500,000 MAUs and 40% market share in Mexico
Jonathan Shieber / TechCrunch : Tweets: @angelsahagun , @angelsahagun , @angelsahagun , and @angelsahagun Tweets: Angel Sahagun / @angelsahagun : 1/ Excited to announce our $45M round for @albomx - a...
A look at the bruising price war in Latin America among food delivery companies Uber, Didi, and Rappi, all of which are funded by SoftBank
Wall Street Journal : Tweets: @rwhelanwsj , @rwhelanwsj , and @andreanavarror Tweets: Robbie Whelan / @rwhelanwsj : This story is about venture capital's excesses, but it's also about how something s...
Mexican branchless banking platform Albo, which offers a Mastercard debit card and app, adds $19M to its $7.4M Series A led by Valar Ventures
Another startup hoping to capitalize on the fintech opportunity in Mexico has closed on a new sum of funding. Mexican challenger bank Albo … Tweets: @annaescher Tweets: Anna Escher / @annaescher : Me...