Brazil-based Credix has raised US$11.25 million in a Series A round led by Motive Partners & ParaFi Capital. Credix enables fintech companies and other non-bank lenders to convert their receivables and real assets into investment capital. All financing happens on-chain using USDC & smart contracts, creating instant efficiencies, settlement, and more transparency.
Colombian startup Vozy, a Voice AI Platform in Latin America raised a US$5 million Pre-Series A funding round. Vozy has positioned itself as the leading Voice AI solution in LatAm through the development of a technological infrastructure based on three products or layers: Lili, the conversational assistant, Speech Analytics for conversation analysis, and Voice Biometrics for user identification. With its platform, the startup serves over 150 corporate clients in more than sixteen countries.
Bumpa, a Nigerian startup building the infrastructure to power online commerce and enable African small business owners to start, manage and grow their businesses from their mobile devices, has raised a $4 million seed round.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.