Brazilian Proptech Morada.ai Raises $1M
Weekly news up to Wednesday, 16th of October 2024.
👀 NEWS HIGHLIGHT
Brazilian marketplace for holistic therapy and self-care services AuraPura raised a $550K pre-seed round from undisclosed angel investors.
AuraPura will use the funds to develop its product.
Founded in 2023, AuraPura aims to provide services related to self-care, including appointments with holistic wellness professionals, live group sessions with specialists and content related to tarot, horoscope, and astrological charts.
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
☕️ REGIONAL HIGHLIGHTS
⭐️ Wenia set to launch debit card in Colombia.
⭐️ Brazilian proptech Morada.ai raises $1M.
⭐️ PXP Financial partners with Kushki in LATAM expansion plan.
⭐️ Nubank Announces Product Updates Including Competitive Crypto Transaction Fees.
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BRAZIL
Asaas secures R$820m in Series C funding to fuel SME financial automation expansion. The fresh capital will be used to bolster operations, enhance research and development, and support inorganic growth through strategic acquisitions, aimed at rapidly diversifying and enriching Asaas's solutions.
Pix by approach: BB comes out ahead and launches service in Brazil. Banco do Brasil (BB) and payment terminal operator Cielo are ahead of the game, starting on Friday (11/10), by offering “Pix por aproximação” to a select group of the bank’s customers enabling them to make purchases by simply bringing their phone close to the payment terminal at participating retailers.
ARGENTINA
MercadoLibre posts record Argentina sales amid consumer rebound. A record 20 million products were sold on its platform in August, worth the equivalent of $916 million, the company announced Tuesday in a press release. Read on
Globant acquires Exusia to expand AI and data offering. Exusia has partnerships with Microsoft Azure, AWS, Databricks, Snowflake, Ab Initio, and Google Cloud. Globant also acquired GUT in November 2023.
COLOMBIA
Revolut officially announced that they are in the process of applying for a banking license in Colombia, following its entry into Brazil last year and the acquisition of a banking license in Mexico in April. Country Manager, Diego Caicedo, explains Revolut's plans for Colombia in this insightful interview with Forbes.
MEXICO
Mexican FinTech Stori has announced the launch of Stori Inversión+, a new fixed-term investment product offering an annual return rate of up to 15.50%. This product is aimed at individuals seeking financial stability and secure growth, allowing users to invest from as little as 100 pesos.
CHILE
Carozzi launched a $6M corporate venture capital fund. The CVC plans to invest in three startups annually, with ticket sizes ranging from $300K to $1M. It will focus on companies in the pre-seed to Series A stages, primarily within the agritech, foodtech, supply chain, manufacturing, and pet care sectors.