Latin American eCommerce platform Nuvemshop said on Friday (Oct. 1) that it plans to acquire the Brazil-based company Mandaê, a logistics platform for small and medium-sized businesses (SMBs), in order to support its more than 90,000 sellers. Nuvemshop’s announcement comes shortly after the company nailed...
Kushki Chief Executive Aron Schwarzkopf sees Latin America as one of the last frontiers in terms of digitization of payments. It’s a place that relies extensively on legacy technology, where everything remains fragmented and where there’s a total lack of standardization. That absence of any...
Today in digital banking, Branch snags $540 million in Series B fundraising. Plus, Truist overhauls leadership team after 2019 merger and Latin American eCommerce platform Nuvemshop raises $500 million in Series E fundraising. Truist Announces New Leadership Roster Following Merger Truist Financial Corporation on Wednesday...
Latin American eCommerce platform Nuvemshop, known as Tiendanube in Spanish-speaking countries, announced Tuesday (August 17) that it raised $500 million in its latest round of Series E funding. Nuvemshop’s funding round was co-led by Insight Partners and Tiger Global Management, with participation from Alkeon and...
September 02, 2021
Kushki Chief Executive Aron Schwarzkopf sees Latin America as one of the last frontiers in terms of digitization of payments. It’s a place that relies extensively on legacy technology, where everything remains fragmented and where there’s a total lack of standardization. That absence of any robust payments infrastructure means the region is ideally suited for […]
October 01, 2021
Latin American eCommerce platform Nuvemshop said on Friday (Oct. 1) that it plans to acquire the Brazil-based company Mandaê, a logistics platform for small and medium-sized businesses (SMBs), in order to support its more than 90,000 sellers. Nuvemshop’s announcement comes shortly after the company nailed down $500 million in fresh capital in August to become […]
August 17, 2021
Latin American eCommerce platform Nuvemshop, known as Tiendanube in Spanish-speaking countries, announced Tuesday (August 17) that it raised $500 million in its latest round of Series E funding. Nuvemshop’s funding...
March 22, 2021
Sao Paulo, Brazil-based Nuvemshop, which operates an eCommerce platform, has raised $90 million in funding, the company announced today (March 22) in a press release. The round was led Accel and...
October 14, 2020
Nuvemshop, a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. Kaszek Ventures and new lead...
