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OP Crypto raising $100M for ‘Fund of Funds’ to back fund managers

OP Crypto is raising $100M for its new investment, dubbed "Fund of Funds", to deploy capital into emerging fund managers focused on...

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MAYA Capital closes second fund with $100M for early-stage Latin American startups

This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies.

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Brazilian motorcycle rental startup Mottu revs up with $40M to help more Latin Americans become couriers

Mottu has evolved its model and does much more than just rent motorcycles. It also provides credit, insurance, maintenance and 24-hour support for...

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Get 50% off a year’s subscription to TechCrunch+ to mark Independence Day

We're offering 50% off a full year's access to our plethora of analysis and in-depth coverage at TechCrunch+!

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The Oversight Board’s annual report tracks how often Meta follows its advice

The advisory group reviewing Facebook and Instagram’s content moderation decisions issued its first annual report Wednesday, capping off its...

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Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum

Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global,...

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Finger on your pulse: API-first startup Vivanta hopes to be Plaid for health

Mexico-based startup Vivanta lives at the intersection of healthcare and APIs. Its focus is health data, with an eye on the fact that wearables are...

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LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range...

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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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JOKR leaving U.S., ‘for now,’ to focus on LatAm

The company's U.S. operations accounted for about 5% of the grocery delivery startup's overall business.

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Crisis! On the blockchain

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines....

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Investors show LatAm fintechs the money

Fintech startups in Latin America continue to receive impressive amounts of venture capital.

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Backbase raises its first funding, $128M at a $2.6B valuation, for tools that help banks with engagement

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their...

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Thousands of Mobike users’ passports and IDs exposed online

An exposed cloud storage bucket was left online without a password for at least three months.

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It’s correction time for Latin American VC activity

Let’s dig into the early Q2 data on venture capital investment into LatAm startups, and then discuss the halo effect — or lack thereof — of...

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Ecuadorian payments infrastructure startup Kushki lands $100M at a $1.5B valuation

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to...

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Agrotools farming for M&A with new $21M funding round

Agrotools analyzes over 1,300 layers of data to provide information on what is happening with agriculture suppliers and customers across Brazil.

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Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm

Yummy is working with over 8,000 merchants, processing 800,000 monthly transactions across its markets and growing over 40% quarter over quarter.

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Netflix’s password-sharing test in Peru is confusing subscribers, report suggests

It’s been a bumpy ride for Netflix recently, and the announcement that it will be charging for password sharing hasn’t gone as smoothly as they...

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8 IT spending trends for the post-pandemic enterprise in 2022

For our latest survey, we polled 1,200 IT leaders, representing roughly $570 billion in annual IT spending.

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For remittances, crypto is still a problem looking for a solution

Are remittance payments really ripe for crypto disruption? And can DeFi help what a16z's state of crypto report calls the "huge part of the...

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Former Binance executives launch $100M crypto fund

A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team...

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Nowports streamlines LatAm’s shipping to deliver a $1.1B valuation

Nowports aims to streamline the import/export processes of Latin American companies and improve the visibility of their supply chains with...

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Pandas wants to give Latin American businesses buying power in Asia

Pandas connects LatAm businesses directly with Asian suppliers to reduce logistical problems and high fees often imposed by importers and...

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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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Leanplum acquired by CleverTap as retention marketing platforms consolidate

CleverTap, a retention marketing platform, to acquire Leanplum, a customer engagement platform, for an undisclosed amount.

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Neon triples revenue in quest to become the biggest bank for Brazil’s working class

Brazilian digital bank Neon hopes to achieve its goals by helping its customers build their credit history.

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Corporate venture investors pulled back in Q1, but less than you imagined

Looking at the changing pace of CVC activity, geographic trends, and more.

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