Crypto adoption skyrockets in Middle East and North Africa due to favorable economic climate
Crypto markets grew the most in the Middle East and North Africa in 2022 due to economic incentives and regulation.
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latin america
Latin American NFT marketplace Minteo raises $4.3M seed round
The major hype around NFTs may have died down a bit since the crypto subsector took off last year, but that isn’t stopping startups from building and raising capital in the space. Minteo, a Latin American-based NFT marketplace, is betting on the digital asset sector going big in the region after it raised $4.3 million […]
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Stacked gets $13M to be the Twitch for web3 gamers
Few areas in tech today are as polarized as the blockchain gaming space. Legacy developers and gamers are calling play-to-earn games Ponzi schemes, while crypto-believers say games that incorporate “tokenomics” are the future for empowering players and creators. Before the debate is settled, the ecosystem around blockchain games is already getting built and funded. Los […]
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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round
Geopagos, a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. The financing marks the company’s first ever institutional funding. Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services. […]
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Gaming vets promise to make blockchain games fun and sustainable
The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in the hands of users via blockchain adoption rather than a centralized platform, is the future. Some of the biggest hits in the space to date reward users with tokens that […]
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Seedtag, the ex-Googler-founded, cookie-free, AI-based adtech startup, taps $250M+ in funding
As regulation, platform dynamics and consumer choice continue to eat into the adtech stalwart known as cookies, it’s leaving a gap in the market for advertising solutions that can work well without relying on cookie functionality. Today, an adtech out of Spain that’s doing just this has raised a big round of funding to double […]
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Google Cloud announces its first region in Mexico
Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Chile and São Paulo, Brazil. The new region, which will be Google’s 35th, will allow it to better serve its local users with lower-latency access to its cloud services, but — and these days, this may […]
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TechCrunch+ roundup: Save your equity, LatAm crypto survey, where the runway ends
Beware: The same people who welcomed you aboard when you signed your offer letter are now looking for places to save money so they can keep your company afloat.
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Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on cash for payments. But the market in LatAm has shifted in recent years, and with increased digital adoption, more people are opening their minds to […]
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5 investors discuss Latin America’s symbiotic relationship with crypto
To understand how Latin American startups are preparing to weather the crypto winter, we talked to five investors who have bet on companies that are going a step further than traditional finance.
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