Miferia wants to expand its wholesale inventory marketplace across Latin America

Miferia, a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor. Over 90% of retail in Mexico,  still takes place in just 2 million physical stores, and less than 1% of B2B transactions have moved online and are largely still dependent on cash transactions, which often requires retailers to pay upfront for merchandise.

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Geopagos, an Argentinian Payment Infrastructure Company, Raises US$35M

August 11, 2022

Geopagos, an Argentinian technology startup whose clients are companies that want to launch or scale their payment acceptance business, announced the closing of a US$35 million round led by Riverwood Capital. Geopagos offers businesses,  different products related to payment acceptance, ranging from terminals to convert the mobile phone into a point of sale to the transformation of a company’s website into an e-commerce platform. Geopagos has clients across 15 Latin American countries, including Santander, BBVA, Itaú, Bac Credomatic, Niubiz, and Banco Estado de Chile.

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Salesforce Buys for Automated Customer Service

September 22, 2023

Salesforce is buying, which builds low-code, AI-powered e-commerce customer service agents.  You might have thought Salesforce could already do that, but presumably Airkit does it better.  It doesn’t hurt that the company founders sold a previous business to Salesforce, the company was partly funded by Salesforce Ventures, and the product is already listed on AppExchange.  Price was not announced.

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