Hey, it’s Yoel 👋 Back again with the 58th 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 🚀
This week’s newsletter is sponsored by Cubbo:
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👉🏼 If you’re interested in sponsorship opportunities, please reach out to yoel@dealflow.es
🇲🇽 MiSalud Health raises $18.3M led by IGNIA to expand bilingual healthcare across North America.
🇧🇷 Ambev invests $12.6M in the second Brasilidades program to boost Brazil’s creative economy, focusing on culture and sports projects nationwide.
🇦🇷 The Mobile-First Company raises $12M to expand AI tools for small businesses. The round was led by Base10 Partners and Lightspeed.
🇨🇴 LQN raises $12M to launch home equity-backed loans in Colombia, aiming to unlock trapped capital and expand its mortgage tech platform.
🇲🇽 Solfium raises $10M Series A to scale its solar platform. The round was led by Accion and ALIVE Ventures, with Kamay Ventures joining.
🇦🇷 Patagon AI raises $2.7M to expand its AI-powered marketing platform. The round was led by Kfund, with 17Sigma and Onevc joining.
🇧🇷 Rastro Neural raises $470K to develop its AI-era SEO platform that helps brands appear in generative AI responses. Investors were not disclosed.
🇧🇷 Conexa invests $375K in Hospital Conexa, a digital platform for corporate health management focused on reducing costs and improving coordinated care.
🇺🇾 Gopersonal raises $300K to scale its AI-powered ecommerce platform. The seed round was led by 500 Global.
🇧🇷 Monique Evelle invests $225K in startups focused on health, wellness, and social impact, including Afrosaúde, Hotina App, and Germanos.
🇧🇷 Mastery B2B Tech raises $66K to expand its AI platform for automating tax processes in B2B commerce. The round was led by Bossa Invest.
🇧🇷 QuintoAndar exits condo tech, returning SindicoNet and Noknox to founders to refocus on core real estate services.
🇧🇷 nstech surpasses $18.7M in monthly revenue and acquires Runtec, marking its 37th deal to strengthen its integrated logistics network, TNS.
🇧🇷🤝🇬🇧 Indicium merges with UK’s Mesh-AI to form Indicium AI, expanding to Europe with 600+ professionals focused on AI and data solutions.
🇵🇪🤝🇨🇱 Monnet Payments acquires ETPay to expand in Chile and process $5B in transactions by year-end.
🇮🇱🤝🇲🇽 Nayax to acquire Integral Vending as part of LatAm expansion, turning a 10-year partnership into a strategic regional platform.
🇧🇷 Venture capital grew 23% in Q3 2025 with $393M across 27 deals, the year’s strongest quarter. Top sectors were IT, financial services, and consumer goods.
🇧🇷 Valutia closes $10.6M fund to back global-minded Brazilian startups with checks from $300K to $1M. Portfolio includes Moises and Wehandle.
🇧🇷 DOMO.VC avoids solo founders, favoring teams with business and tech strength. Panel at fisweek25 included Maya Capital and ABSS.
🇨🇱 inDrive launches 2026 Aurora Tech Award in Chile to empower women-led tech startups with up to $50K in prizes; apply by Nov 12.
🇦🇷 Gavin Wood returns as Parity CEO and will open Polkadot’s sub0 Symbiosis in Buenos Aires on Nov 14, spotlighting the next Web3 phase.
🇵🇪 CAPECE launches Latam Epayment Summit 2025 (Lima + online) with 70+ speakers to decode the future of payments; Nov 24‑26.
🇧🇷 Hauseful will host a real estate tech summit on Nov 27 at Cubo Itaú, spotlighting field ops, inspections, and innovation in Brazil’s housing sector.
🇨🇱 Logtech Day 2025 returns on Dec 4 in Santiago, hosted by KLog.co, uniting LatAm logistics leaders to reshape global trade through tech & collaboration.
🇧🇷 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.
🇦🇷 Ethix was recognized as one of Argentina’s top 20 most innovative companies after only 9 months in operation, thanks to its AI‑powered procurement platform.
🇦🇷 TLON Space to launch first orbital flight with nanosatellites from Lobería, marking a milestone in LatAm space access.
🇦🇷 Kripton launches multi-currency crypto payments with Tether and TRON, live in merchants across Argentina.
🇧🇷 Lastro launches “Casa da Lais” app to help real estate firms track leads and data in real time using its AI assistant Lais.
🇧🇷 Ame Digital cancels its Central Bank license after failing to sell its payment institution or assets; operations were officially discontinued in October.
🇧🇷 Preservaland to invest $940K in agroforests and raise $2M to scale its environmental compensation platform.
🇧🇷 re.green wins Prince William’s Earthshot Prize with £1M grant for its AI-powered forest restoration model, already planting 6M+ trees.
🇧🇷 Nero.AI wins Google’s global Kubernetes hackathon with AI tech enhancing online shopping experience. Prize: $8K + $1K Google Cloud credits.
🇧🇷 Agilize partners with Wellhub and Starbem to offer wellness benefits, gym access and telehealth, to entrepreneurs and their families.
🇧🇷 Provu has received approval from the BC for its sale of the Sociedade de Crédito Direto (SCD) to investor Vinicius Garcia and Holditsafe Financeira.
🇧🇷 Stone receives approval from Brazil’s Central Bank to launch its own investment broker (DTVM), expanding its funding strategy and financial services.
🇧🇷 iFood Pago launches GenAI-powered Financial Manager via WhatsApp to support restaurant owners with smart banking, payments & consulting.
🇧🇷 Tractian opens a 10,000m² AI Center in São Paulo, investing $11.3 to boost industrial tech and AI talent after its Series C.
🇨🇱 Keirón wins the MedTech Challenge Chile 2025 with its AI‑driven system for surgical workflow automation.
🇨🇱 Easycancha processes $2.5M monthly in sports‑venue bookings across 11 LatAm countries, serving over 1.6 million athletes.
🇨🇱 Start-Up Chile celebrates 15 years as a nonpartisan state policy, supporting innovation across changing governments, says manager Javiera Araneda.
🇨🇱 Fintoc gets approval to issue prepaid cards and cut intermediaries, aiming for faster, lower‑cost payment solutions.
🇺🇸 Front expands to Chile, hiring 100+ to support global teams in engineering, design, finance, and HR.
🇨🇴 Credibanco launches “Chebre”, a digital payments platform aimed at small businesses, offering next-day deposits, 2.5% fees, and no long-term contracts.
🇨🇴 Nequi hits breakeven and gets green light from SFC to operate as a financing company, moving closer to independence from Bancolombia.
🇨🇴 Bold and Iris partner to connect POS terminals with business accounts, aiming to process over $24.2M in payments in 2026.
🇨🇴 MinHacienda scraps 1.5% tax on Bre-b and digital payments; all methods, including cards, now face 0% withholding.
🇨🇱 ZeroQ expands in Colombia to digitize health, education, banking & public services with AI.
🇲🇽 Ramona IA, built by a Mexican founder, uses AI to detect job scams and protect young people from fraudulent offers.
🇲🇽 Covalto evolves from fintech to digital bank to better serve Mexican SMEs with broader, tech-driven financial services.
🇲🇽 Xal Digital accelerates in Mexico & and LatAm with AWS‑based AI, IoT & cloud solutions, targeting $21 M in revenue in 2025.
🇲🇽 Finsus and OXXO join forces to offer Mastercard debit withdrawals up to $163 at 24,000+ stores across Mexico.
🇲🇽 Stori launches a debit card with a $3 USD minimum, aiming to boost savings and reduce cash use in Mexico.
🇵🇪 EVoting boosts legal‑process digitization, showcasing its remote, secure board‑meeting tools at the Cumbre de Gerencias Legales 2025.
🇨🇴 TumiPay enters Peru, bringing integrated digital payment and collection solutions for businesses, including QR, bank transfers, and real-time payouts.
🇻🇪 Yango hits 100 days in Venezuela; full-time drivers earn $1k–1,4k/month, motorizados $650–800, despite 5 drivers per user.
🇻🇪 Kontigo adds USDC conversion at Banco Nacional de Crédito, joining other Venezuelan banks offering stablecoin services.
🇦🇷 Argentina’s crypto sector calls for clear, use-based regulation, warning that overregulation could drive exchanges abroad and hinder innovation.
🇦🇷🇨🇱 Mercado Pago leads Chile’s non‑bank prepaid card market with 9.7 M cards (68 % share) and is now chasing the debit card space, only behind CuentaRUT.
🇧🇷 Lei 15.252 takes effect, ensuring salary portability, cheaper credit, and clearer rate info; BC and CMN must regulate in 180 days.
🇧🇷 Nubank hits 122M users and $637M profit, leads Brazil’s fintech market with NuCripto and a new credit partnership with Amazon.
🇧🇷 Brazil’s Central Bank moves to regulate BaaS, seeking transparency and security; fintechs face compliance hurdles but eye growth in niche markets.
🇧🇷 Brazil’s Central Bank halts Drex blockchain project, citing high costs and security concerns, marking a strategic shift in its digital currency rollout.
🇧🇷 Embedded finance in Brazil is set to hit $13.8B by 2029, integrating banking services into non-bank platforms to streamline business operations.
🇧🇷 BNDES and Finep approved $1B for AI since 2023, funding hardware, infra, and 49 startups through BNDES Garagem.
🇧🇷 Tim De Chant explores Google’s deal to buy 200k tons of carbon removals from Brazil’s Mombak, betting on Amazon reforestation through the Symbiosis Coalition.
🇨🇱 FinteChile shares key findings from Xepelin Insights 2025: financing and digitalization drive faster growth and resilience in Chilean SMBs.
