Reuse Secures $4.5M Investment Round with European Fund and Cornershop Founders
Reuse aims to expand its refurbished electronics business across Latin America with funds from notable investors including the founders of Cornershop.
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Broota Launches Third Fund to Support 15 High-Impact Startups
aims to lower entry barriers, targeting a broader investor demographic with reduced minimum investment amounts.
SheerME Secures €5M for Expansion in Spain and Brazil
Portuguese wellness and beauty startup SheerME closes seed funding round with key investment from Lince Capital, eyeing significant growth in international markets.
Conekta to Sell OXXO PAY Assets to Digital@FEMSA in 2024
Will continue to enhance its core online payment solutions.
briq.mx Adopts Bitso for Enhanced Payment Processing
This collaboration enables briq.mx's 90,000 users and 125 institutional clients to make payments in pesos via a unified API, optimizing costs and transaction speed.
Nubank Introduces Portability for Payroll Loans
Customers who have INSS or Siape loans with other financial institutions can now transfer them to Nubank, benefiting from rates starting at 1.40% per month.
ByteDance Might Offload TikTok U.S. Without Its Secret Sauce
Amid new U.S. legal pressures, ByteDance is plotting to sell a big chunk of TikTok U.S. but plans to keep its algorithm out of the deal.
Musk’s xAI Set to Secure $6 Billion Funding from Sequoia and Others
Elon Musk's xAI, at a $18 billion pre-money valuation, gears up for a major funding round to enhance its AI chatbot Grok, challenging OpenAI's ChatGPT.
SQM Lithium Ventures Invests $2 Million in Chilean Startup Movener
Movener becomes the first Chilean company in SQM's venture portfolio, aiming to transform traditional trucks into hybrid-electric vehicles.
Stripe revealed new payment options and integrations, focusing on interoperability and user experience.
At the annual Stripe Sessions conference, the company showcased advancements aimed at increasing conversion rates and reducing operational…