Category: Latin

Latin America Roundup: big rounds, big mergers and a $3.8M pandemic fund from Nubank
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Latin America Roundup: big rounds, big mergers and a $3.8M pandemic fund from Nubank

Sophia Wood is a Venture Partner at Magma Partners . Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana…

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First Latin American Coronavirus Case Triggers Panic over Venezuela
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First Latin American Coronavirus Case Triggers Panic over Venezuela

The first confirmed case of Chinese coronavirus in Latin America is triggering concern across socialist Venezuela, whose healthcare system is dismally ill-prepared to handle the challenge of a mass health epidemic. On Thursday, health authorities in Brazil confirmed their first case of Wuhan coronavirus in a 61-year-old man who recently visited Italy for nearly two…

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Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes
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Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes

Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion…

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Latin America Roundup: Loft raises $175M, Softbank invests in Mexico’s Alphacredit and Rappi pulls back
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Latin America Roundup: Loft raises $175M, Softbank invests in Mexico’s Alphacredit and Rappi pulls back

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Brazil’s famously tricky real estate market has long drawn international investors to…

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Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, Softbank backs Konfio
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Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, Softbank backs Konfio

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor December has been a strong month for Brazilian startups, bringing a big…

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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX
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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank.  This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá, Tencent and Softbank will join a…

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Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist
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Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming…

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Latin America Roundup: Softbank bets on Brazillian unicorns and Konfio raises $250M for lending plans
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Latin America Roundup: Softbank bets on Brazillian unicorns and Konfio raises $250M for lending plans

Sophia Wood is a Principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia, and the U.S. Sophia is also the co-founder of LatAm List, an English language Latin American tech news source. SoftBank did not let up the flow of capital to Brazil this month, staying busy despite…

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In Latin America, the business of trolling threatens Twitter’s disruptive power
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In Latin America, the business of trolling threatens Twitter’s disruptive power

Matthew Carpenter-Arévalo Contributor Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital, a Latin American-based digital agency. More posts by this contributor In 2012, the emblematic podcast This American Life did a special on politics in Afghanistan. They noted that in order to be a politician in Afghanistan, one…

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