Netflix lays off 300 more people — almost 3% of its staff
Video streaming company Netflix said it has laid off 300 people — which represents 3% of its workforce — because of slowing growth and the...
Read moreCategory: Chile
Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses
Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank.
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clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm
clicOH delivers a package every 20 seconds and services customers of all sizes, from AB inBev and Red Bull to small Shopify merchants.
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Gradient Ventures backs Mentum’s goal to democratize investment services in LatAm
The company offers technology in the form of APIs and widgets that businesses can use to create investment products for their customers.
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Chilean fintech Xepelin wants LatAm businesses to get paid
The B2B payments company is doubling down in both Chile and Mexico, while also eyeing new countries for expansion.
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DeltaX wants to digitize the Andean region’s trucking sector
Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1...
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Here’s how JOKR became gross-profit positive amid a cutthroat grocery delivery industry
Founder and CEO Ralf Wenzel, discussed, according to him, why his company’s grocery delivery model is doing better than most.
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Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs
Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.
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Netflix to charge global members sharing their accounts an additional fee, following tests
In light of Netflix’s concerning subscriber losses, the company announced today during its first-quarter earnings call that it will expand its...
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Fintech NovoPayment raises first venture round in 15 years to expand its full-stack banking API platform
Miami-based, female-founded fintech NovoPayment raises $19 million to court new customers
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Why Latin America’s decline in VC investment isn’t necessarily bad news
Latin America is an interesting place to dive into what might be coming for startups. Why? Because dollar funding has now fallen for three...
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Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru
Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.
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Porsche hits the gas on synthetic fuel with $75M investment
Porsche announced Wednesday a $75 million investment in the industrial production of eFuels, a synthetic low-carbon complement to its plans to...
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Migrante steps on the gas of vehicle leasing for gig workers in Latin America
The company develops secured loans for motorcycles, cars and trucks so borrowers can improve their income.
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99minutos clocks in fresh capital for logistics infrastructure in Latin America
99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today...
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The latest list of YC-backed companies worth over $150M is the most geographically diverse yet
In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over...
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H Twenty Capital aims to be ‘go-to fund for pre-seed investments’ in Latin America
Venture capital continues to flow into Latin America at a staggering rate. Just over $15 billion went into startups in 2021, according to LAVCA. That...
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Spain’s Payflow, a salary advance startup, banks $9.1M to fuel a super app growth strategy
Barcelona-based Payflow, a YC-backed salary-advance fintech with ambitions to evolve into a neobank, has banked a $9.1 million Series A funding round...
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Dear Sophie: With the H-1B lottery looming, how should we approach overseas hiring?
We’re an early-stage startup struggling to recruit. We received some applications from international talent. This is all new territory for us....
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Dear Sophie: How to maneuver the latest travel bans, H-1B alternatives
Here's another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
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Seaya Ventures, Cathay Innovation launch $125M fund for LatAm startups
The Seaya Cathay Latam Fund will invest in between 12 to 15 companies and will write check sizes of between $5 and $10 million.
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Chilean proptech startup Houm raises $35M Series A to expand across LatAm
Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by...
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Skydropx taps new funding to expand logistics automation across Latin America
The company is now profitable and grew over 300% in revenue last year. It now serves over 50,000 customers and makes more than 1.5 million deliveries...
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Yummy bags $18M as its expands delivery app across Latin America
Yummy plans to have 50 active dark stores in both Peru and Chile by the end of 2022, touting that it will be able to deliver over 2,000 products in...
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From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform
Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million...
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China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in...
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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem
There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 billion in just the first...
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Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services
Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of...
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