Hey, it’s Yoel 👋 Back again with the 70th edition of Dealflow LatAm: your go-to source for all the deals, moves, and momentum in the region’s startup scene.

Plenty to break down—so let’s get into it 🚀

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Startup funding news 💸

Rounds of $10M+:

• 🇧🇷 Zippi raises $42.2M for its credit FIDC; backers include Itaú, Bradesco, Valora, and Credit Saison, targeting $1.9B in 2026 volume.

• 🇧🇷 Avenia, issuer of BRL-backed stablecoin BRLA, raises $17M in a Series A led by Quona and Big Bets to expand across LatAm and the U.S.

Rounds $1M to $10M:

• 🇦🇷 Lebane raises $4M in a seed round co-led by Atlántico and Zacua Ventures to expand its AI-powered proptech platform in Mexico and across LatAm.

• 🇨🇴 Quipu raises $1.1M in a pre-Series A round led by Impacta VC, bringing total funding to $4.6M to scale its AI-based alternative credit scoring across LatAm.

Other rounds of funding:

• 🇧🇷 Pix Mídia raises $550K to expand its corporate communications platform; the round was led by Domo Invest.

M&A transactions 🎊

🇧🇷 BTG Pactual acquires up to 48% of Meutudo, valuing the digital payroll lender at over $192M, to expand its retail credit strategy, pending regulatory approval.

🇧🇷 Meutudo acquires Parati Financeira from Ame Digital for $6.5M, gaining full approval from Brazil’s Central Bank to operate as a regulated financial institution.

🇧🇷 Laqus acquires tokenized assets platform Estar from SMU Investimentos to expand into regulated crowdfunding and digital capital markets infrastructure.

Investor & accelerator news 🚀

🇧🇷 Founders of XP, Stone, and Nubank launch nonprofit Instituto B55 to support Brazilian SMBs with education, networking, and growth programs.

🇵🇪 ADN.vc closes $2M for its Fund I, targeting $4M by April 2026 to invest in pre-seed Fintech and Proptech startups across LatAm.

🇪🇸🤝🇺🇾 Eatable Adventures plans to invest $175K tickets in Uruguayan foodtech startups in 2026 as part of its $35.3M fund, marking its first bets in the country.

Opportunities & Deadlines 👀

• 🇲🇽 Fintech Founders & VC’s Mixer joins FTMX Week 2026 on Feb 23 in CDMX, uniting founders and VCs to boost fintech innovation and partnerships.

• 🇧🇷 GITEX LATAM debuts in SP on Mar 16 2027, bringing the world’s largest tech and innovation event to boost digital transformation and global partnerships.

• 🇲🇽 Bitso Business confirms the Stablecoin Conference LatAm 2026, gathering global leaders on stablecoin innovation in Mexico City; 📅 June 15–16.

Startup news 💡

🇦🇷 Argentina

• 🇦🇷 Alprestamo says AI-based credit scoring is replacing traditional models in Argentina as rising defaults push lenders toward data-driven risk analysis.

🇧🇷 Brazil

• 🇧🇷 Agibank reports a security breach exposing 5,3k Pix keys, with no access to passwords; Brazil’s Central Bank is investigating and may impose sanctions.

• 🇧🇷 PicPay shares are down 23.7% since its Nasdaq IPO ($720M mkt cap), while Agibank also fell post-NYSE debut amid AI-driven market volatility.

🇨🇱 Chile

• 🇨🇴🤝🇨🇱 Servinformación expands to Chile with its AI and geolocation services, targeting 50% revenue growth in 2026.

🇨🇴 Colombia

• 🇨🇴 Vuun facilitated $70M in home sales in Colombia and reached profitability, announcing expansion to Mexico, Peru, Panama, Ecuador, and Bolivia.

🇲🇽 Mexico

• 🇲🇽 Nu México plans to invest $4.2B through 2030, including $2.5B in strategic spending, ahead of its 2026 banking launch.

🇵🇪 Peru

• 🇨🇴🤝🇵🇪 Bold expands into Peru after strong 2025 growth in Colombia, with +58% payment volume and $30M+ in SME loans.

🇺🇾 Uruguay

• 🇺🇾 Alprestamo issues a $5M bond on Crowder at a 9.5% annual rate to fund new products and regional expansion.

🌎 Other LatAm News

• 🇦🇷🤝🇨🇴 Natura partners with Rappi Turbo to offer 25+ beauty and personal care products with 10-minute delivery, strengthening its omnichannel strategy.

Big company & policy news 💡

🇦🇷 Rappi and PedidosYa benefit from Argentina’s Labor Reform, classifying riders as independent contractors and limiting labor liability.

🇦🇷 Ethereum opens a 300m² hub in Buenos Aires to coordinate development and expand its blockchain ecosystem in LatAm.

🇧🇷 FGC will advance up to $200 per client ($40M total) to 6M Will Bank customers after its liquidation, citing their low-income profile.

🇧🇷🤝🇺🇸 Agibank raises $240M in its NYSE IPO at $12 per share, debuting with a $1.9B valuation after downsizing the offering.

Interesting reads 💡

🇪🇸 Jorge Gomez Sancha (Tinybird) published “We gave our team a self-learning Slack agent. It’s just a prototype, but it’s already changing everything.”

🇪🇸 Eduardo Manchón (Mailsuite) published “La utopía de buscar la verdad y tomar decisiones a través de los datos“

🇪🇸 Simon Muñoz (Voicemod) published “El negocio de crearte ansiedad con la IA”

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