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Brazil’s Open Banking market has a new kid on the block. Uruguayan startup Datanomik has just announced its arrival in the country after raising a $6 million seed round led by Andreessen Horowitz (a16z), joined by the funds Canary, Nazca and Latitud. A pool of angel investors such as Conrado Engel, former CEO at HSBC; […]
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The firm's leadership in Brazil talks about what lies ahead in activities in the startup ecosystem
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Unfazed by the local competition, Revolut aims to win over customers with services such as a global account, investment and crypto offerings
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With the seed round, Latitud wants to build the foundation for the growth of the Latin American startup market going forward
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Service will be incorporated into the multi-family office Vitra, purchased by Warren in October, and then offered to the rest of the brokerage firm's base
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The company plans to invest in up to 30 companies generating over $3,2 million in revenue with checks between $2-3 million
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With 20 offices across nine countries, the company will accelerate its global expansion in the coming, primarily focusing on four key markets: Brazil, Mexico, Australia and France
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By shifting to the decentralized model, the startup advances its global expansion plan
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The company will use the money raised to improve the technology and grow the team in Brazil
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The firm will invest up to $5 million in early-stage firms with growth potential