Singapore-based fintech, Tazapay which specializes in cross-border payments has raised $16.9 million in Series A. Plans are to broaden its business across Asia and expand to other regions, including the Middle East and Europe.

The wave (big tech cut offs) in Latam was also powerful, with startups and technology companies making significant job cuts. Unico, The Brazilian unicorn, dedicated to identity authentication, laid off 10.5% of its staff, about 110 employees. Betterfly. The Chilean company, which offers companies a life insurance policy for workers who grow with their healthy habits, cut 30% of its regional workforce. Other Latam Startups as Tul (Colombia), PagSeguro (Brazil) and others experimented job cuts around 10%.