Brazilian Fintech CloudWalk Announces $320.5 Million Revenue, Plans U.S. Expansion with Cutting-Edge Payment Solutions
CloudWalk’s achievement of $320.5 million in revenue and $22.3 million in profits for 2023 highlights its successful year…
Keep up to Date with Latin American VC, Startups News
Andreessen Horowitz Eyes $6.9 Billion for AI and More in Massive Fundraising Push
This ambitious fundraise aims to fuel a diverse portfolio, with a significant focus on artificial intelligence, per sources in the know.
Metamask Expands in Latin America, Integrates Local Payment Methods
In Mexico, SPEI and STP; in Colombia, PSE; and in Peru, Chile, and Argentina, Khipu and traditional bank…
Infinity Capital Acquires Andro a Colombian Startup Focused on Stablecoin Protection
The undisclosed seven-figure deal reflects Infinity Capital's strategy to enhance its services with Andro's technology and includes an eight-month support period from Andro's team.
Spain Temporarily Bans Worldcoin’s Iris-Scanning Operations Over Privacy Concerns
The data protection authority has imposed a temporary halt on Worldcoin's personal data collection and processing activities, citing privacy concerns under GDPR.
Colombian Startup Kravata Raises $3.6 Million for Latin American Expansion
The company specializes in secure, fast, and efficient payments for businesses, preparing to extend services to Mexico, Panama, Chile, and Brazil by year's end.
Reddit’s IPO to Test Market’s Faith in AI Data Licensing Potential
Analysts are eyeing the company's potential in the AI sphere, with projections suggesting a significant boost in revenue from AI data licensing, potentially reaching $672 million by 2027.
UDD Ventures Launches 3rd Edition of “Potencia Startup” Program to Boost Early-Stage Ventures
Applications are open until March 25, marking a continued effort to support the growth and transformation of the Chilean entrepreneurial ecosystem.
Stenn Launches Its First Tech Hub Outside the UK in Barcelona
This will create 25 new jobs and focus on the development of the technology and software underpinning its business model, which provides online financing to companies engaged in international trade, e-commerce, and digital services.
Musk Sought Absolute Control in OpenAI, Proposal Rejected by Company
They believed granting one person such control contradicted their foundational goal of benefiting humanity broadly.