Magma Partners and Accial Capital led a USD24m equity and debt round for Vexi, a Mexican credit card issuer for middle class consumers, with participation from alpha4 Ventures, Village Capital,…
Magma Partners
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Valor Capital Group led a USD3.6m round for Quansa, a Chile- and Brazil-based corporate benefits platform focused on employee financial wellbeing, with participation from Canary, Sequoia, Norte Ventures, Pear VC,…
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ALLVP led a USD1.5m round for Yana, a Mexican mental health and wellness platform. Yana raised USD315k from Magma Partners, Hustle Fund, and 500 Startups earlier this year. (TechCrunch) –…
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SoftBank Latin America and an undisclosed growth equity firm led a USD86m Series B for Ecuadorian payments platform Kushki, with follow-on from DILA Capital, KASZEK, Clocktower Ventures and Magma Partners.…
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Better Tomorrow led a USD3.6m seed round for Divibank, a Brazilian revenue-based financing platform for startups and SMEs, with participation from Village Global, Clocktower Ventures, Magma Partners, Gilgamesh Ventures, Rally…
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QED Investors led a USD12m Series A for Nuvocargo, a Mexican freight transportation marketplace managing Mexico-US routes, with participation from FJ Labs, Clocktower, David Velez (Nubank), Michael Ronen (SoftBank), Karim…
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The Gig Economy in Latin America: Interview with Heru Co-Founders Stiven Rodriguez and Mateo Jaramillo
December 22, 2020Company: Heru Investors: Mountain Nazca, Flourish Ventures, Magma Partners, Y Combinator, Xtraordinary Ventures Interview with: Co-Founders Stiven Rodriguez and Mateo Jaramillo A recent study conducted by Flourish Ventures, MEI Facil,…
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Mountain Nazca led a US$1.7m round in Heru, a Mexican personal finance and fiscal management platform for independent workers, with participation from Flourish Ventures, Magma Partners, YC, and Xtraordinary Venture…
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Magma Partners and LEAP Global Partners invested US$1.2m in ARCA, a Mexican insurtech marketplace focused on car insurance, with participation from insurance company Grupo Peña Verde. (Contxto) In Mexico, insurance is…
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Fen Ventures, Magma Partners, and Fondo Alerce invested US$1.3m in Chile-based proptech Houm. The startup will use the investment to raise brand awareness and expand its marketplace within Chile. (Contxto)…