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HeadSpin Founder Manish Lachwani Sentenced to 18 Months for Investor Fraud

Lachwani fined $1 million and sentenced following a guilty plea for inflating startup's revenue and falsifying customer data to secure...

April 22, 2024

OnePay Secures $1.3M from QUPA Ventures for Instant WhatsApp Payments

Fintech startup OnePay partners with Mastercard to enhance financial services via WhatsApp, focusing on Colombia's underbanked sectors.

April 22, 2024

Jack Dorsey-Backs Gridless, Which Utilizes Volcanic Power for Bitcoin Mining in Kenya

Harnessing geothermal energy from an extinct volcano, Gridless pioneers sustainable Bitcoin mining, supporting local communities with essential electricity.

April 22, 2024

Lolocar Acquires OlaCar, Expands Car Rental Services to Uruguay

Chile's Lolocar integrates Uruguay's OlaCar, aiming for rapid growth in peer-to-peer carsharing across Latin America.

April 19, 2024

Revolut Valuation Climbs 45% According to Schroders’ Assessment

Despite a challenging year for fintech, Revolut's stakeholder Schroders revises its valuation upward, reflecting strong performance and growth prospects.

April 17, 2024

A16z Secures $600M for Second Gaming Fund Amid $7.2B Total Raise

Andreessen Horowitz diversifies venture strategies with new funding, reinforcing its commitment to the burgeoning gaming sector.

April 17, 2024

Latin American Startup Funding Dips to Multi-Year Low

Q1 2024 sees a 17% year-over-year decline, with fintech still leading despite overall drop.

April 16, 2024

Companies Appoint Chief AI Officers Amid Tech Growth

Chief AI Officers (CAIOs) address strategic AI deployment and risk management as more firms adopt the role to harness generative...

April 16, 2024

Innzpira, a startup that develops psychological profiles using AI, lands in Europe

The Chilean firm, which creates algorithms with machine learning to understand workers, clients, and users of companies and institutions, has...

April 11, 2024

Changes at FinteChile: Ángel Sierra, Executive Director, Resigns

Sierra's six-year tenure marked by significant achievements in the Fintech sector, including the approval of the Fintech Law and regulation...

April 9, 2024