Tiger Global, YC back Rebill’s subscription payment platform for Latin America

Rebill, an Argentina-based startup, raised $3.6 million to continue building automated payment collection and subscription management tools for Latin America. The company automates the collection process and integrates payment gateways and invoicing tools so that customers don’t have to create their own. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies.

The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA) in Singapore.

CDPI Emerging Markets

Mercado Libre announced the launch of Mercado Coin, its first cryptocurrency, in Brazil. It was developed on the Ethereum blockchain and will be used through Mercado Libre and Mercado Pago in that country for US$0.10. The company also plans to expand its digital currency to the rest of Latin America in the future so that it can be used even outside its platforms.

CDPI Emerging Markets

The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.

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Tiger Global, YC back Rebill’s subscription payment platform for Latin America

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Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore

Mercado Libre Launches Its Own Cryptocurrency in Brazil

TikTok Ban Set to Become Law