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Fintech Mundi raises USD$15M investment round

The Mexican fintech company Mundi announced a new Series A-2 financing round totaling USD$15 million, with Haymaker Ventures being the main investor. Mundi also announced its rebranding with the goal of becoming the first fintech platform to simplify international trade in Latin America. They offer solutions for international payments and collections, foreign exchange, currency coverage, and cargo insurance, as well as a set of free tools to enhance clients’ operability.

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Chilean startup Infocheck achieves USD$350K round through Broota

September 28, 2023

Infocheck, a Chilean startup has managed to simplify and expedite risk assessment for companies and SMEs (Small and Medium-sized Enterprises) through an online platform. This fintech provides detailed market reports automatically and in real-time to its B2C clients through its website, and for its B2B clients, it does so through wholesale plans.The company raised a round of USD$350,000 through the Broota crowdfunding platform.

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QED and Partech back South African payment orchestration platform Revio in US$5.2M seed

September 28, 2023

South African payments orchestration platform, Revio, has raised US$5.2 million in seed funding to strengthen its efforts in tackling these failed payments that cost digital businesses billions in recurring revenue yearly. The two-year-old startup assists companies in streamlining their order-to-cash lifecycles while handling issues brought on by employing various payment options via its APIs.

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Google Faces Canada Lawsuit Over Advertising Practices

December 5, 2024

Google is facing another antitrust lawsuit, this time in Canada, specifically focusing on anti-competitive practices in online advertising. The Competition Tribunal has been asked to order Google to sell two of its ad tech tools, prohibit future anti-competitive practices and fine the company billions of dollars. In response, Google points to a highly competitive market offering plenty of alternatives.

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