Global technology company SoftBank Group Corp. has launched the SoftBank Innovation Fund, the technology fund focused exclusively on the Latin American market.
MercadoLibre, Inc. (NASDAQ: MELI), a Latin American large e-commerce technology company, intends to offer approximately US$1 billion of common stock.
Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, has held the first close of its second $15M fund.
Digital House, a Buenos Aires, Argentina-based group of schools providing digital skills to Latin America’s next generation, raised $20m in funding.
Ripio Credit Network (RCN), a new infrastructure p2p lending protocol based on smart contracts and blockchain technology from the South American-based crypto company Ripio (formerly BitPagos), hit the targeted maximum token distribution value of $37 million (121,300 ETH).
Ripio Credit Network, a global smart contract and blockchain-based credit network that connects lenders and borrowers located anywhere in the world and on any currency guaranteeing transparency and reliability in the lending, sold part of the balance of the 510m tokens available for purchase in an invitation-only private pre-sale for strategic partners.
Moni, a Buenos Aires, Argentina-based fintech platform, raised $3m in funding.
Ripio (by BitPagos), a LatAm bitcoin consumer financial service platform, received $400k in Series A funding from Medici Ventures.
Rapsodia, a lifestyle and women’s apparel brand in Latin America, received a growth capital investment from L Catterton.
Ripio (Fka BitPagos), a Buenos Aires, Argentina-based bitcoin startup, raised $1.9m in funding.
Linio, a LatAm-based e-commerce platform, raised $55m in funding.
According to two regulatory forms filed with the SEC, Silicon Valley early stage venture capital firm 500 Startups is extending its global investment activity.
Mural, a San Francisco, CA- and Buenos Aires, Argentina-based provider of remote design and collaboration software, closed $1.35m seed funding.
Properati, a Buenos Aires, Argentina-based online and mobile solution for the real estate market, received $2m in funding.
RSK Labs, a Buenos Aires, Argentina-based company behind a smart contracts platform, completed a $1m initial seed funding round.