Taxonomy

Latin America

Portfolio

Infrastructure

Why We Invested In Kamino: Gives Much-Needed Boost to High-Growth LATAM Startups

Repeat Founders Build Financial Infrastructure to Accelerate Time-to-Market and Provide End-to-End Financial and Corporate Solutions for New Businesses

[Flourish Focus] A One-one-One with Mercê do Bairro Co-Founders

Find out how Brazil’s fintech start up Mercê do Bairro recently raised a $10 million Series A round with a vision to deliver an embedded finance platform that empowers small business owners. Repeat founders Diego Libanio and Guilherme Bonifácio’s, who also co-founded Zé Delivery and iFood, got together to “create...

Tiger Global and Swap

[TechCrunch] Tiger Global Leads $25M Investment into Swap Which Aims to Be Latams Fintech Factory

Originally posted on TechCrunch By Mary Ann Azevedo Image Credits: Ury Rappaport, CMO, Douglas Storf, CEO e Alexandre Takinami, CPO da SWAP. FOTO TIAGO QUEIROZ / Swap Swap, a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management. The financing was “heavily...

Why We Invested In Dinie: Introducing Dinie, an Embedded Finance Platform for MSMEs in Brazil

Brazil’s 17 million micro-, small- and medium-sized businesses (MSMEs) face a significant credit gap. This is largely due to banks’ inability to effectively serve these…

BRAZIL-eCommerce

[PYMNTS] Embedded Finance Narrows The Gap Between Brazil's Small Business And Capital

Originally posted on PYMNTS.com Underbanked small businesses around the globe have seen technology come to the rescue. FinTechs continue to step onto the scene to provide alternative financial services or digital-first ways of accessing traditional bank offerings. Coupled with the ubiquity of smartphones, small business owners in bank branch deserts...

[FinSMEs] Dinie Raises USD $3.8M in Seed Funding

Originally posted on FinSMEs Dinie, a Berlin, Germany-born and Sao Paulo, Brazil-founded API-first embedded finance startup, raised USD $3.8m in seed funding. The round was led by Accion Venture Lab and K50 Ventures, with participation from Flourish Ventures, Domo Invest, Endeavor’s fund Scale Up Ventures, and Tribe Capital amongst other...

Portfolio

Embedded Finance

Flourish Focus: Heru (Mexico City)

[Flourish Focus] A One-on-One with Mateo Jaramillo, Co-Founder & CEO, Heru

Join us for a discussion between Flourish Managing Partner, Arjuna Costa and Mateo Jaramillo, CEO and Co-founder of Mexico City-based Heru. They’ll discuss the inspiration behind Mateo’s startup that offers Latin American gig workers digital services and community safe stops. Mateo will also share how his founding team created a...

[TechCrunch] YC-backed Heru raises $1.7M to build software services for Latin American gig workers

Originally posted on TechCrunch Given the attention that TechCrunch pays to Y Combinator’s Demo Days, we also try to keep tabs on the same startups as they scale and raise more capital. Yesterday we covered YC Winter 2020 participant BuildBuddy, for example. Today we’re taking a look at Heru, a startup based in...

December 02, 2020

Why We Invested In Heru: A Mexico-based Gig Worker Platform Heru Offering Online/Offline Services

The vast majority of employment in Latin America isn't formal, and across the region, there are 145 million independent workers. Independent workers and gig-economy workers…

Portfolio

Embedded Finance