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PalmPay launches in Nigeria on $40M round led by China’s Transsion

PalmPay launches in Nigeria on M round led by China’s Transsion Africa focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed-round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and Taiwanese wireless comms hardware firm Mediatek — […]

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Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist

Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist Sophia Wood Contributor Share on Twitter Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin […]

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Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Brazilian unicorn Ebanx will hit billion in payments processed by the end of the year Ebanx, the newly minted Brazilian financial services unicorn, expects to process $2 billion in payments by the end of the year and is looking to expand its offerings into domestic payments as it grows. Since its launch […]

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Latin America roundup: SoftBank bets on Brazilian unicorns and Konfio raises $250M for lending plans

Latin America roundup: SoftBank bets on Brazilian unicorns and Konfio raises 0M for lending plans Sophia Wood Contributor Share on Twitter Sophia Wood is a Principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia, and the U.S. Sophia is also the co-founder of LatAm List, […]

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U.S. security experts admit China’s 5G dominance, push for public investment

U.S. security experts admit China’s 5G dominance, push for public investment U.S. security experts are conceding that China has won the race to develop and deploy the 5G telecommunications infrastructure seen as underpinning the next generation of technological advancement and warn that the country and its allies must develop a response — […]

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In Latin America, the business of trolling threatens Twitter’s disruptive power

In Latin America, the business of trolling threatens Twitter’s disruptive power Matthew Carpenter-Arévalo Contributor Share on Twitter Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital, a Latin American-based digital agency. More posts by this contributor Can Bitcoin find its practical use case as a currency […]

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The emergence of super apps in Latin America

The emergence of super apps in Latin America Thiago Paiva Contributor Share on Twitter Thiago Paiva is a fintech entrepreneur, writer and investor. He is the co-founder of Liquia Digital Assets, an investment platform for international investments using blockchain technology. The super apps WeChat and Alipay became an integral part of the […]

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Nigerian online-only bank startup Kuda raises $1.6M

Nigerian online-only bank startup Kuda raises .6M Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving […]

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SoftBank mints QuintoAndar a new unicorn in Latin American real estate tech

SoftBank mints QuintoAndar a new unicorn in Latin American real estate tech QuintoAndar, the Brazilian real estate technology developer, has secured a massive $250 million Series D led by SoftBank, as the Japanese conglomerate continues to deploy its $5 billion commitment to the Latin American region. The round is the latest sign […]

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Flat, a Mexican property tech startup, raises $4.6M pre-seed led by ALLVP

Flat, a Mexican property tech startup, raises .6M pre-seed led by ALLVP Flat has raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande.  The company snagged a $4.5 million pre-seed round to expand its business helping homeowners quickly sell their properties in Mexico. […]

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