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Brazil

Companies in Brazil are brewing a bidding war for Linx

Contxto – A bidding war may be brewing in Brazil. Almost a week ago, fintech Stone announced it would acquire...

August 17, 2020

Brazilian unicorn Wildlife raises US$120M in bid to go beyond video games

Contxto –  Wildlife Studios has raised US$120 million in what is just barely its Series B. The round was led...

August 14, 2020

Startup inspiration: Lessons from the struggles of 3 Brazilian Founders

Contxto – When we see in other people our same passion to thrive, we watch them grow and it gives...

August 14, 2020

Traveltech Travl's global scaling and investment proves a company saver

Contxto – Travl Join is an AI-powered lead generation platform for travel companies. Think of it as the inverse of...

August 13, 2020

Stone buys Linx for ~US$1.1 billion. If who controls the hardware controls the world, will regulators allow it?

Contxto – In a 90 percent cash, 10 percent equity deal, Brazilian Stone is allegedly acquiring Linx, a software company...

August 12, 2020

Lending fintech SuperSim obtains US$5.5M debt round

Contxto – It is nothing new to say Brazil's financial inclusion is still flawed. SuperSim, a microlending fintech startup from...

August 12, 2020

Meet the disruptive Latin American startups from Y Combinator's Summer 2020 Batch

Contxto – Y Combinator's 15-year anniversary has been unusual, if not a very memorable one. Amidst the biggest health crisis...

August 11, 2020

Brazil's Magazine Luiza to compete with Amazon and Mercado Libre for ad revenue

Contxto – One Brazilian company is venturing into new territory. Last Thursday (6), Magazine Luiza—a major Brazilian retailer—bought Canaltech (a...

August 10, 2020

Oico raises US$1.5 million to rebuild construction materials market, enters Y Combinator

Contxto – Where there's a disjointed industry, there's a business opportunity. And for Brazilian entrepreneurs, Pedro Dellagnelo and Pedro Rocha,...

August 7, 2020

Caju closes US$2.5 million to disrupt employee benefits programs in Brazil

Contxto – Flexibility is a flavor investors always crave and they just sunk their teeth into a piece of cajú...

August 6, 2020