creditas News of 02/29/20
VTEX, An E-Commerce Platform Used By Walmart, Raises $140m Led By SoftBank’S LatAm Fund
E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called VTEX — which originally got ...
Brazilian Mobile Phone Insurance Technology Startup Pitzi Is Now Worth Over $100 Million
With roughly one million customers across Brazil and a new round of financing, the mobile phone insurance provider Pitzi now finds itself with a $100 million valuation. The size of its latest round, which was led by QED Investors and included ...
Fintech In Latin America Continues To Draw Big Dollars As Softbank Invests $231 Million In Creditas
As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth across the region continues to rise, ...
From Seed To Series A: Scaling A Startup In Latin America Today
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners , a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America’s Movile is ...