Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia. Under the regulatory framework, Bitso started working in partnership with Colombia’s first commercial bank, Banco de Bogotá, in 2021 to trial the exchange’s products and services.
Southeast Asian classified business Carousell Group is reportedly in talks to acquire Singapore-based property marketplace operator 99 Group. According to The Business Times (BT), the acquisition is likely to give a boost to Carousell’s monetisation strategy as it doubles down on high-value transactions and shapes up for the public market. However, negotiations are still ongoing and might not result in a deal, a source told BT.
Mundi, a financial services platform for cross-border trade, announced today it has raised $16 million in a Series A funding round led by Union Square Ventures. The investment marks Union Square Ventures’s first B2B investment in Latin America.
GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.