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Kredito banks $6M as the LatAm business lender eyes international expansion

Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding. The company launched to the public in 2021 and partners with financial institutions to help small businesses with their spend management, access digital unsecured loans, open a bank account and obtain a business credit card. Kredito analyzes risk by using a proprietary algorithm and alternative data to evaluate credit risk more inclusively than traditional banks, and in real time.

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HealthAtom, a platform for clinics, raised US$10M to continue growing in LatAm

January 12, 2023

HealthAtom, cloud-based software for clinics and health centers to manage their business, announced a Series A for US$10 million. This is the first institutional round of this startup, founded in Chile in 2009. Focused on medium and small healthcare providers, HealthAtom currently has 6,500 clients and commercial offices in Chile, Colombia, and Mexico. The plan is for the capital to be used to continue expanding in Latin America and to create a single platform for healthcare technology solutions, where clinics can be interconnected with the healthcare and financial ecosystem.

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Landmark ‘Fair Use’ Ruling in Thompson Reuters AI Copyright Case

February 13, 2025

A district judge has ruled that, as a matter of law, Ross Intelligence’s use of Thompson Reuters’ Westlaw content to train its own legal research model is not “fair use” but copyright infringement. This is a revision of a 2023 ruling and leaves issues for a jury to decide. It might, however, shut down one line of defense when it comes to AI scraping of copyright material.

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