Hey, it’s Yoel 👋 Back again with the 76th 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
🇧🇷 Ume raised a $28.5M FIDC backed by Itaú BBA and Bradesco BBI to expand its retail credit platform and help merchants fund loans directly.
🇵🇪 Prestamype secured $27M, including a $25M credit line from Lendable, to expand SME lending and factoring in Peru.
🇧🇷 Precato raised $19M through its sixth FIDC to expand advances on court-ordered government payments.
🇧🇷 Mevo raised $18M to expand its e-prescription platform in Brazil, in a round led by Prosus with support from Matrix, Jefferson River and Floating Point.
🇧🇷 Bliss raised $11M to expand its AI-powered health insurance platform, in a round led by Kfund and Grupo Bradesco.
🇧🇷 BackChannel raised $4.8M in a seed round led by Sunna Ventures to expand its B2B marketplace for excess inventory.
🇧🇷 UnblockPay raised $4.5M to expand its stablecoin-based international payments platform across LatAm and Asia.
🇨🇱 Blanco raised $1.7M via Broota to scale its AI-powered factoring platform and advance its goal of becoming a digital bank for SMBs.
🇦🇷 Kigüi raised $1.5M from Amazon, BID Lab and other investors to scale its AI retail platform across LatAm and the U.S.
🇦🇷 Rexi raised $1.2M in pre-seed funding to expand its AI-powered financial reconciliation platform, backed by Pear VC, NFX and Carao Ventures.
🇨🇴 Cifrato raised $1M in seed funding from Y Combinator, Fen Ventures, Decelera Ventures and Kuiper to expand its AI-powered accounting platform.
🇦🇷 Buenbit will migrate users to Nexo starting in April, giving them access to more crypto products, higher yields and lending services under a global platform.
🇧🇷 Selbetti will invest $19M in five acquisitions in 2026 to expand its automation, cybersecurity and AI capabilities.
🇧🇷 8D Hubify and Dialetto merged to create a RevOps-focused group integrating marketing, sales and PR, targeting $4.4M in revenue by 2026.
🇨🇴 Tpaga acquired Spanish payment gateway MYMOID to strengthen card processing and expand its payment infrastructure across Colombia and Europe.
🇧🇷 Startups in Cubo Itaú’s ecosystem raised $280M in 2025, up 60% YoY, while generating $1.3B in revenue.
🇧🇷 Lemonade Ventures, founded by the creators of Conquer, launched a self-funded growth vehicle targeting 10 startup investments in 2026.
🇧🇷 Startups at Maravalley have raised $47.6M in funding, with the Rio-based hub now hosting 100 resident companies including Dharma-AI and Tools for Humanity.
🇪🇸 Mundi Ventures reached a first close for its $100M LatAm Fund I, backed by IDB Invest, COFIDES and regional insurers.
🇦🇷 Sitio de Tiendas built a marketplace for buying and selling digital businesses across LatAm, completing 100+ deals with an average ticket size of $181K.
🇦🇷 Klimber won Best Innovative Insurtech at Fintech Americas 2026, highlighting its AI-driven embedded insurance model.
🇦🇷 Reental says tokenized real estate is beating traditional investing, highlighting its Salta 1 project in Argentina with a projected 17.6% return.
🇦🇷 CookUnity, founded by Argentine Mateo Marietti, surpassed US$750M in recurring revenue and delivered 43M+ meals in 2025.
🇧🇷 Juntos Somos Mais, backed by Votorantim Cimentos, Gerdau and Tigre, generated $47.6M in WhatsApp GMV over the past year.
🇧🇷 AG TaxTech will present its tax transition methodology at Tax Summit 2026 to help companies adapt to Brazil’s tax reform and split payment rules.
🇧🇷 BUSUP expects to reach $77.7M in revenue in 2026 after growing 50% in 2025, as it expands its corporate mobility platform.
🇧🇷 Qive partnered with Insper to provide researchers access to 3.2B anonymized electronic invoices for economic studies and AI-driven analysis.
🇧🇷 Diaspora.Black is expanding to Portugal and preparing a $3M Series A round to scale its afro-tourism platform globally.
🇧🇷 Jota launched Fala Tap, a voice-powered tap-to-phone solution that lets merchants accept payments directly from smartphones without a POS terminal.
🇧🇷 Kamino launched embedded loans and invoice advances for mid-sized companies using real-time operational data from its platform.
🇧🇷 Jeitto plans to expand across LatAm before a potential IPO in 2027–2028, while raising $133M to grow new credit products and services.
🇨🇱 AFEX and RedMigrantes partnered to offer remittances and migration support services from a shared branch in Santiago starting in Q2 2026.
🇨🇱 BICE, together with Mendel and Visa, launched a corporate credit card with real-time expense tracking and virtual card management for businesses.
🇨🇱 Mercado Pago granted over 120k merchant loans in Chile in 2025, with Antofagasta and Atacama leading growth.
🇨🇱 Runway has reached a 5.3B valuation and is expanding its AI video technology from Hollywood into gaming, education and robotics.
🇨🇱 Artikos and Rindegastos integrated their platforms so approved employee expenses can automatically connect with supplier invoice.
🇨🇴 GOU Payments, backed by Grupo Aval, received approval to operate on Colombia’s instant payments system Bre-B, enabling 24/7 real-time transfers.
🇨🇴 Alejandro Pinzón, CEO of DRUO, became the first Colombian named to Nacha’s global “15 Under 40” list for young leaders in payments.
🇨🇴 Mercado Libre will invest 600M in Colombia, its largest-ever commitment in the country, to expand logistics, speed up deliveries and support SMEs.
🇨🇴 Yuno says its AI agents can recover failed payments in real time, helping merchants boost sales by 2% to 10% through smarter payment orchestration.
🇲🇽 Hey Banco launched Hey Tech, a new unit offering AI, treasury and payment infrastructure services to banks and fintechs across Mexico and LatAm.
🇲🇽 Sofía found that 7 in 10 doctors in Mexico link worsening health to work, with stress and burnout increasingly affecting both employees and productivity.
🇲🇽 Finsus is aligning its growth strategy with Mexico’s national economic plan, with 90% of its credit portfolio focused on SMEs.
🇲🇽 DiDi is expanding its financial services in Mexico through its Sofipo, using user data to offer savings accounts, cards and loans.
🇲🇽 Reuse expects to surpass 60M in revenue in 2026 by refurbishing and reselling used electronics across Mexico, Chile and Peru.
🇲🇽 incMTY 2026 closed with a record $79.5M in investment announcements, 210 international delegates, and strong participation from Japan.
🇵🇪 Yape now allows workers in Peru to receive salaries digitally under Law 32413, subject to employer and employee agreement.
🇵🇪 Peru leads LatAm in AI use at work, but experts warn some roles like design, writing and admin may still be replaced.
🇺🇾 Prex launched Inversión Violeta, offering daily yields and instant liquidity through low-risk funds managed with Gletir and Valo.
🇺🇾 Fraudio is expanding across LatAm as rising payment fraud boosts demand for its AI-powered fraud and AML platform.
🌎 Other LatAm News
🇦🇷 Mercado Libre and IRSA are investing $50M+ to build a new 15,000 m² office building at Buenos Aires’ Polo DOT as part of Mercado Libre’s 2026 expansion plan.
🇦🇷 Uber is relaunching its delivery business in Argentina nearly five years after exiting, backed by a 500M investment plan and stronger consumer demand.
🇧🇷 BTG Pactual suffered a hacker attack involving about $19M, but recovered most funds, limiting losses to roughly $3.8M-$7.6M.
🇧🇷 Brazil’s Crédito do Trabalhador program has surpassed $22.3B in loans in its first year, reaching 9.5M workers across 21M contracts.
🇪🇸 Javier Garcia (Sintetia, El Confidencial) published an analysis of Wallbox’s roller coaster trajectory: “Wallbox: de prometer 1.500 millones a negociar con sus acreedores”
🇪🇸 Neil de la Fuente (ETH Zurich) published “Losing Tickets in Neural Representations”
🇪🇸 Guillermo Flor published “How money flows”
🇪🇸 David Bonilla (Petalo) wrote “Utilizando la IA en diferentes contextos”
🇪🇸 Simon Muñoz (Voicemod) published “El software es el peor sector de 2026”
