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Migo credit startup expands to Brazil with $ 20 million and Growth of Africa

After increasing its loan business in West Africa, the emerging markets credit startup Migo is expanding to Brazil in a $ 20 million Series B financing round run by Valor Capital Group. The San Franicso-based company, formerly brand, offers AI-driven products to large companies so that these companies can…

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Meet three cryptocurrency debit cards that work in Brazil

The vast majority of Bitcoin and cryptocurrency enthusiasts see them as a substitute for “weak” and inflationary state money. Paradoxically, few cryptocurrency holders actually use them for daily spending. Many keep them as an investment, but also because of the difficulty of finding establishments that accept cryptocurrencies as a means…

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Softbank leads real estate startup financing in Brazil

SoftBank Group Corp. was the main investor in a US $ 250 million round of financing by the Brazilian housing platform QuintoAndar, further expanding its exposure in Latin America. Other investors in the fourth round of financing of QuintoAndar are Dragoneer Investment Group LLC, General Atlantic LLC and Kaszek Ventures,…

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Free market: How Amazon’s new advance in Brazil impacts you

It was a latent threat and finally materialized. Amazon took another step in Brazil, with the launch of its streaming platform and free shipping service, and its movement shook its e-commerce competitors in the main market in Latin America. Among them, is Mercado Libre, the most valuable company in Argentina,…

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Why is Buenos Aires a cradle of technological ventures?

New technology companies with disruptive models have changed the nature of value chains, with particular impact on Latin America. Buenos Aires is the first city in Latin America to offer the best ecosystem for technological entrepreneurship in Latin America. Despite not having the largest technological ventures in the world, the…

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