Topic: Start-up companies

Chile’s Betterfly becomes first insurtech unicorn

Chilean insurance technology start-up Betterfly has hired Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley and San Francisco to raise US$125 million in a Series C funding round, making it Latin America’s first insurtech unicorn with a market value over $1 billion.

09 February 2022

Chilean fintech obtains additional US$80 million investment

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley and San Francisco has helped Chilean financial technology start-up Xepelin raise US$80 million in a financing round led by US investor Community Investment Management (CIM), less than a year after its previous investment.

04 February 2022

Brazil’s Zenvia buys customer service software developer

Brazilian customer experience communications platform Zenvia has enlisted Bronstein, Zilberberg, Chueiri & Potenza Advogados to acquire customer service and service desk software Movidesk for 400 million reais (US$70 million).

20 January 2022

SoftBank invests US$127 million in Brazilian healthtech Alice

Holland & Knight LLP in Miami and Philadelphia has helped Japanese investor SoftBank inject US$127 million into Brazilian healthcare start-up Alice.

19 January 2022

Argentine firms help Blockchain become LatAm’s largest crypto trader

Global digital finance business Blockchain.com is on track to become Latin America’s largest cryptocurrency platform after the buyer enlisted Marval O'Farrell Mairal in Buenos Aires and Rodrigo, Elías & Medrano Abogados in Lima for its acquisition of Argentine counterpart SeSocio.

14 January 2022

Several firms steer agri-fintech funding round in Argentina

Argentine agrifintech Agrofy has hired local firm Zang, Bergel & Viñes Abogados to obtain a US$30 million investment led by Norwegian chemical company Yara International.

12 January 2022

Brazil’s Ebanx buys local fintech start-up for US$229 million

Brazilian online payments company Ebanx has enlisted BMA - Barbosa, Müssnich, Aragão and Pinheiro Neto Advogados to acquire local transfer company Remessa Online for US$229 million.

07 January 2022

Chilean e-vehicle start-up gets first financing round

Carey has helped Chilean electromobility company E-Mov obtain its first equity financing round from Grupo Orange.

06 January 2022

Itaú calls on Machado Meyer to set up investment programme

Brazilian firm Machado Meyer Advogados has helped local banking institution Itaú implement an investment programme worth 750 million reais (US$134 million) and make its first investments through the scheme.

16 December 2021

Brazilian fintech Dock snaps up Mexican card processor

Galicia Abogados in Mexico City and Maples Group in the Cayman Islands have advised Brazilian fintech Dock in its purchase of Mexican card processing solution provider Cacao, marking the buyer’s first acquisition outside its home country.

15 December 2021

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