DST Global led a US$150m investment in Brazilian fintech Nubank, with participation from Thrive Capital and Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital and QED Investors.…

Nubank closed a new R$250m credit line from FIDC (Fundo de Investimentos em Direitos Creditórios). Nubank previously raised R$200m and R$445m credit lines from Goldman Sachs. (Baguete) O Nubank captou…

(New York Times) DST Global, the investment firm started by Russian venture capitalist Yuri Milner, led a US$80m round in Nubank, with participation from Redpoint Ventures and Ribbit Capital. Prior…

(Valor Econômico) Brazilian fintech startup Nubank has received a R$200m debt investment from Goldman Sachs.

(DealBook) Brazilian start-up Nubank, a mobile-based credit card business, received in December a new financing round led by Founders Capital and previous backers Sequoia Capital, Kaszek Ventures, and Tiger Global.

(TechCrunch) Brazil is one of the world’s fastest growing mobile markets, with 90 million smartphones in circulation among a population of about 200 million, and today a fin-tech company that…

(TechCrunch) Nubank, a financial services startup based in Brazil, is today opening for business with two key pieces of news. It is launching its first product: a MasterCard Platinum credit…

Salesforce Ventures made its inaugural investment in Latin America in RunaHR, a payroll automation platform, in a US$3.5m seed round that included Y Combinator, the founder of Gmail, CTO of Dropbox, executives of Rappi, Nubank, Cabify and WeWork Latin America, and HR experts including the CTO of Zenefits, former Head Sales Head of Gusto and former Product Manager of Gusto.

ComparaGuru is a Mexico-based financial management platform for comparing insurance and banking products that has raised US$11m in financing to date. In this interview with CEO Fernando González-Ambía, also an Executive in Residence at QED Investors, we learn how ComparaGuru is encouraging financial literacy and bridging the banking gap in Mexico

PARA DIVULGAÇÃO IMEDIATA Contacto: Caitlin Mitchell, LAVCA cmitchell@lavca.org +1.646.315.6737 Empresas de Tecnologia Suportam Nova Coalizão Criada pela LAVCA para Apoiar o Crescimento Recorde de Startups na América Latina Google, Facebook,…

Contacto: Caitlin Mitchell, LAVCA cmitchell@lavca.org +1.646.315.6737 Empresas Tecnológicas Respaldan Nueva Coalición Creada por LAVCA para Apoyar el Crecimiento Récord de Startups en América Latina Google, Facebook, Qualcomm Ventures, Movile, Globant,…

The Latin American Private Equity & Venture Capital Association (LAVCA) today announced the launch of the Latin American Tech Growth Coalition, with founding participants Google, Facebook, Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Movile, Globant, Riverwood Capital, and Telefonica OpenFuture_.

This is a special contribution written by Andy Tsao of Silicon Valley Bank. This article also appeared on Medium.com. More than $84B of venture capital investment was made in 2017, the…

Canary raised R$160m for its first fund. Investments include fintech SmartMEI, HR platform Gupy, IT startup Terramagna, used car marketplace Volanty, online factoring platform Rapidoo, and  IDwall, a validation and…

When it comes to international players investing in Latin American startups, US investors dominate the list, representing 67% of all global investors into LatAm startups since 2013.

Asian investors are playing an increasingly important role in financing LatAm startups, co-investing alongside local and global investors across a range of sectors and stages.

Vostok Emerging Finance led a US$50m investment in Creditas (formerly BankFacil). This follows a R$60m Series B earlier this year led by the IFC, with participation from Naspers’ new fintech…

In this interview with {reprograma} founder & CEO Mariel Reyes, we learn about how she bootstrapped the organization and forged a partnership with Facebook on her mission to close the gender gap in Brazil’s technology sector. {reprograma} teaches unemployed Brazilian women how to code and has graduated 88 junior front-end engineers in 18 months, with a 97% completion rate and 63% job placement rate.

The global transport wars are heating up in Latin America with major investments from new Asian players. A few months after Chinese transportation giant Didi Chuxing announced a US$100m co-investment…

Two months after initial fundraising, KaszeK Ventures closed its third fund at a cap of US$200m, which will focus on growing the Latin American tech ecosystem. Read LAVCA’s Member Profile…

Fintech investments are on the rise in Latin America, growing 31% (in terms of dollars) and 81% (in terms of deal count) in 2016. Startups in Latin America raised US$500m…

(ACN Newswire) Scotiabank and QED Investors announced a partnership to inject capital and industry expertise into select Latin American FinTech companies. The joint investment will create a venture capital platform…

Venture investments in Latin America continue to climb, despite the economic uncertainty in Brazil, the region’s leading venture market. VC transactions in Latin America are up 46% year over year,…

LAVCA Director of Venture Strategy, Julie Ruvolo, lays out the venture capital opportunity for local and international investors in Latin America. (TechCrunch) Latin America just might be the most overlooked…

Founders Fund has made an undisclosed investment in Jusbrasil, a Salvador-based legal website with 750,000 registered Brazilian attorneys and 20M monthly users. This is Founders Fund’s first investment in legal…

(Valor Econômico) Brazilian online lending startup BankFacil has received a R$15m series A-II round from new investor Kaszek Ventures and previous backers Redpoint e.ventures and Quona Capital.

Mexican fintech startup Konfio just secured a US$8m Series A from KaszeK Ventures, QED, Quona, and Jaguar Ventures, marking both KaszeK and QED’s first investment in Mexico. With fintech heating up, LAVCA spoke to David Arana, Founder and CEO of Konfio about the opportunity for this sector in Latin America and how to effectively build relationships with investors.

Conventional wisdom has it that the PE/VC opportunity in Latin America is never quite as good or as bad as the headlines and investor herd would lead us to believe.…

(Baguete) Zup, a platform that allows the digitization of traditional business via an systems integration and API administration platform, announced its first round of investment from Kaszek Ventures.

(Valor Econômico) Brazilian fintech startup Guia Bolso has received a R$22m financing round from Ribbit Capital, Omidyar Network, QED Investors. Individuals investors Ed Baker from Uber, Mark Goines from Mint.com,…