Hey, it’s Yoel 👋 Back again with the 74th 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 🚀
👉🏼 If you’re interested in sponsorship opportunities, please reach out to yoel@dealflow.es
🌎 KAST raises $80M to expand its stablecoin-based financial platform globally. The round was co-led by QED Investors and Left Lane Capital.
🇧🇷 Azos raises $23.5M in a Series C to invest in technology and AI for its life insurance platform. The round was led by Kaszek and Kevin Efrusy.
🇲🇽 Solvento secured $25M from BBVA Spark to expand working capital solutions for transport and logistics companies across Mexico.
🇧🇷 Shiva raises $10M in a pre-seed round to support AI-native startups with funding, cloud infrastructure, and mentorship. The round was led by Monashees.
🇲🇽 Meddi raises $7.8M from GNP Seguros to expand its digital health platform and strengthen preventive care services in Mexico.
🇲🇽 Handle raises $6M in a seed round to launch its enterprise AI agents platform in Mexico. The round was led by Andreessen Horowitz (a16z).
🇧🇷 Maggu AI raises $4.1M in a seed round to expand its AI copilot for pharmacy attendants. The round was led by DGF Investimentos.
🇺🇾 Antarka raises $3.5M to scale biotech cosmetic ingredients using Antarctic microorganisms.
🇧🇷 Jovens Gênios raises $2.2M in a seed round to expand its AI-powered learning platform. The round was led by GovTech Fund.
🇧🇷 Mova Protocol raises $2M to expand its electric vehicle charging network and mobility data infrastructure in Brazil.
🇺🇾 metaBIX Biotech raises $1.3M to scale its AI-powered biosurveillance platform and expand commercially in Brazil.
🇺🇾🇦🇷 Viatik, founded by 19-year-old entrepreneurs, raised $250K to scale its carpooling platform and expand across Argentina.
🇧🇷 Recurring Sales CRM raises $188K from Triaxis Capital and Crescera Capital to expand its CRM platform and develop AI features.
🇧🇷 Nucleopar Investimentos and Virtue merge to form an advisory platform with about $845M under custody, 150 advisors, and 7.2K clients.
🇸🇻 Monetae agrees to acquire Transferencias de El Salvador to integrate e-money, digital assets, and Bitcoin services into one regulated platform.
🇧🇷 CESAR expands its venture-building program to co-develop technology with startups and plans to grow its portfolio from 14 to 23 companies by 2026.
🇲🇽 Pomelo says Mexico’s fintech sector is now a consolidated market where digital players compete directly with traditional banks.
🇧🇷 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.
🇦🇷 Adminiad launches with $35K to build a business management platform for SMEs and entrepreneurs in Argentina and Uruguay.
🇦🇷 Creditors in Bioceres’ bankruptcy are evaluating patents and affiliated companies as potential assets to recover outstanding debts.
🇦🇷 Kigüi, an AI startup for retail operations, joins a U.S. acceleration program in Arkansas to validate its model and expand into the American market.
🇧🇷 Nero.AI reaches $188K in revenue with an 8-person team and plans to launch Edu.AI, an AI study assistant for students.
🇧🇷 Stone lays off about 370 employees (~2% of staff) as part of a restructuring aimed at simplifying operations and improving efficiency.
🇧🇷 Mercado Bitcoin and Adianta Jus partner to tokenize judicial credit assets, with the first tokenized offering selling out and targeting about $2.8M.
🇧🇷 Divibank reports 13x revenue growth in 2025 after pivoting to payments infrastructure.
🇧🇷 Kalshi partners with XP to bring prediction markets tied to economic indicators to Brazil.
🇧🇷 PicPay launches a global eSIM with 10GB of free data for its high-income Epic users, valid for one year in 150+ countries.
🇧🇷 PicPay launches an Open Finance investment aggregator that lets users track assets across multiple banks in one app.
🇧🇷 Agibank launches Agi Asset Management, a new asset management division to expand its credit and investment business.
🇨🇱 Comunidad Feliz surpasses $12M ARR and 1M managed properties as it accelerates growth under Visma.
🇨🇱 DataScope expands across LatAm, targeting 1.5M automated operational actions per month on its platform by 2026.
🇨🇱 Tenpo begins migrating customers to Tenpo Bank after obtaining its banking license, starting its transition into a full neobank.
🇨🇱 In 2026, fintechs in Chile face tighter regulation, AI adoption, and pressure to prove sustainable and profitable business models.
🇨🇱 Kran Nanobubble partners with Particle Metrix to strengthen scientific validation and measurement of nanobubble technology.
🇨🇴 Littio becomes the first Colombian startup selected by Endeavor in 2026 after a process with under 1% acceptance.
🇨🇴 Plenti launches a rewards campaign offering up to 8.25% annual yield on fixed deposits and up to 6% with flexible access.
🇨🇴 Bitso urges Colombia to adopt a comprehensive crypto regulation to integrate digital assets into the financial system and attract investment.
🇲🇽 Konfío is in the final stage of obtaining a banking license to expand from SME lending into deposits, payments, and treasury services.
🇲🇽 inDrive launched inDrive Ads in Mexico, a new in-app advertising platform to diversify revenue beyond ride-hailing and deliveries.
🇲🇽🇺🇸 Mercado Pago aims to accelerate digital payments in Mexico during the 2026 World Cup as millions of international visitors prefer cashless transactions.
🇵🇪 Yape users can now pay for Yango rides automatically in-app, eliminating manual transfers or QR payments.
🇵🇪 Yape launched international transfers, allowing users to send money from Peru to bank accounts in the U.S., Ecuador, Colombia, and Spain.
🇵🇪 Prestamype offers loans from $4k to $578k in Peru using property as collateral, enabling financing even for people rejected by banks.
🌎 Other LatAm News
🇨🇱🇵🇪🇨🇴 ZeroQ expands into Peru and Colombia with its AI-powered customer service management platform, targeting 25–30% of revenue from these markets.
🇩🇴 Banco Popular Dominicano launches Toke, a digital payments ecosystem to expand financial inclusion and reduce cash dependence in the country.
🇻🇪 Cashea users reported app outages on March 13 due to heavy traffic during its promotional event “La Cosecha.”
🇪🇨 Lucha, backed by BID Lab, launched operations in Ecuador to connect impact startups with investment networks and scale socially driven businesses.
🇦🇷🇨🇳 Mercado Libre and Temu settled their dispute over alleged unfair competition, withdrawing claims after a government-mediated agreement.
🇧🇷 CVM approves B3’s Regime Fácil, easing equity and debt fundraising for smaller companies in Brazil.
🇧🇷 Brazilian CEOs warn that high interest rates are slowing investments and limiting business expansion, calling for structural reforms and cheaper access to credit.
🇧🇷 Brazilian fintech stocks in the U.S. declined amid global risk aversion, with Inter down 3.47% and Agibank the worst weekly performer (-9.55%).
🇧🇷 Banco Central orders the liquidation of Dank, a Brazilian credit fintech, citing severe financial deterioration and regulatory violations.
🇧🇷 CloudWalk reports $1.02B in revenue and $113M profit in 2025, driven by AI agents automating operations across its fintech platforms.
🇨🇷 Costa Rica’s startup ecosystem is growing thanks to strong tech talent and multinationals, but still faces low R&D investment and limited startup funding.
