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SoftBank-backed Volpe Capital raises $80M to invest in LatAm

In recent years, the tech and venture scene in Latin America has been growing at an accelerated pace. More global investors are backing startups in the region and certain sectors in particular, such as fintech, are exploding. Global investors are not only pouring money into companies. They’re also investing in […]

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Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues

Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($196.66 million) and the new round will value the company at $1.75 billion thanks to […]

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Peer Medical allows lung cancer patients to anonymously share treatments with each other

Peer Medical has a big mission. After his father died of lung cancer, serial entrepreneur Ed Spiegel vowed to create a better way for lung cancer patients to deal with their disease. The startup has so far raised a $1.2 million seed funding round for its groundbreaking approach and is […]

Combining social shopping rewards and personal finance apps, ex-Snap product gurus launch Meemo

After Wisam Dakka and André Madeira left Snap in 2018 the two longtime product developers and coders cast about for a new app to build.  Looking around they realized there was no financial product that spoke to the generation of consumers they’d spent the last bit of their professional lives […]

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Could developing renewable energy micro-grids make Energicity Africa’s utility of the future?

When Nicole Poindexter left the energy efficiency focused startup, Opower a few months after the company’s public offering, she wasn’t sure what would come next. At the time, in 2014, the renewable energy movement in the US still faced considerable opposition. But what Poindexter did see was an opportunity to […]

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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown

Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business […]

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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. Late Friday night, the Treasury Department updated its rules […]