Datanomik’s goal is to connect financial institutions across LATAM through its B2B open finance API, which gathers a company’s banking information on one platform. The financing marks Andreessen Horowitz first investment in Uruguay, and one of its biggest seed rounds in Latin America. Datanomik’s main target market is Brazil, both because of its larger population size and because the country’s central bank and regulators are in their final phase of adopting an open banking framework.

Global digital payments giant Visa has opened an innovation studio in Kenya, its first in Africa and sixth globally, after posts in Dubai, London, Miami, San Francisco and Singapore. The studio will bring together developers, Visa’s internal and external clients, and other partners to co-create payment and commerce solutions.