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Brazil

Stone acquires healthtech Vitta and invests in 3 other startups

Contxto – Fintech Stone is making its debut into healthcare (sort of). Expanding its scope, the Brazilian company bought Vitta,...

May 28, 2020

Fashion startup, houpa, is in vogue with investors, raises US$2.3 million

Contxto – Fashion marketplace houpa is looking sharp! The startup recently raised R$12 million (around US$2.3 million) with unnamed investors....

May 27, 2020

Escale buys Cobmax, proving CX is more important than ever

Contxto – Customer acquisitions startup, Escale, acquired customer-acquiring Cobmax (say that three times fast) and made the announcement last Monday...

May 27, 2020

Fintech Brex raises US$150 million in Series C extension

Contxto – Brazilian-founded Brex raised an investment for US$150 million as an extension of a previous Series C round. Returning...

May 26, 2020

Brazilian retailer, Via Varejo, acquires fintech Airfox

Contxto – More often than not, it's banks that buy out fintechs. But this time around it's a little different....

May 25, 2020

Fintech ADDI raises US$15 million through Quona Capital

Contxto – Funding may be tight within the current Covid-19 context, but some startups are still closing equity deals. This...

May 22, 2020

VTEX makes acquisitions to add logistics and AI services to e-commerce platform

Contxto – Certainly startups in e-commerce are among the big winners of the coronavirus pandemic. Reliance on digital means to...

May 21, 2020

Despite setbacks, SoftBank says it still has faith in its Latin American startups

Contxto – To say that 2020 has been a tough year for Japanese investor, SoftBank, is an understatement. Its first...

May 21, 2020

Zenklub raises US$3 million to bolster its mental health marketplace

Contxto – Healthtechs and remote care platforms are investors' darlings as of late. Portuguese Indico Capital Partners led a seed...

May 20, 2020

InstaAgro supplies small Brazilian farmers, Rolesis Holdings supplies it with seed investment

Contxto – Marketplace InstaAgro closed a seed investment for US$600,000. Rolesis Holdings, a family office, led the round. The startup's...

May 20, 2020