Tag: brazil
Nintendo is bringing the Switch to Brazil at last
More than five years after it stopped all of its direct sales in Brazil, Nintendo says it will soon release the Switch in the country. Since the console’s debut in 2017, the only way people there have been able to get their hands on the Switch is thr… Source
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Facebook blocks Brazil president’s allies after court order
Facebook has been eager to fight misinformation on its platform, but it’s concerned Brazil might have taken things a step too far. BBC News reports that Facebook has blocked the accounts of a dozen allies of Brazilian President Jair Bolsonaro after t… Source
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Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services
Belvo, a Latin American fintech startup which launched just 12 months ago, has already snagged funding from two of the biggest names in North and South American venture capital. The company is aiming to expand the reach of its service that connects mobile applications in Mexico and Colombia to a…
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Omidyar-backed Spero Ventures invests in Mexico City’s Mati, a startup pitching ID-verification
Spero Ventures, the venture capital firm backed by eBay founder Pierre Omidyar, has gone to Mexico City for its latest investment, backing the identity verification technology developer Mati. Launched in San Francisco, the two co-founders Filip Victor and Amaury Soviche, decided to relocate to Mexico because of its proximity to big,…
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Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that…
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Uber Eats exits seven markets, transfers one as part of competitive retooling
Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats business operations in the United Arab Emirates (UAE) to Careem, its wholly owned ride-hailing subsidiary that’s…
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