BACP’s Post

Last week was less active in M&As and cap raisings given US elections. The highlight was Physical Intelligence, an AI company focused on machine learning for robots and physical devices, which raised a $400 mn Series A at a $2.4 bn valuation led by Lux Capital and Thrive Capital, with participation from BOND and OpenAI. In the cryptocurrency space, Crytocoin, a cloud-mining platform, secured a $100 mn Venture Round backed by Nomad Capital and Sky9 Capital. TOTVS made headlines in Brazil with its acquisition of VarejOnline - Sistema de Gestão Empresarial, a comprehensive ERP system designed to manage various aspects of retail operations, for $8.5 mn. Other notable deals of the week include: - Incredibuild's $65 mn acquisition of Garden - Toucan's Gaming 85% stake acquired by Accel Entertainment for $40 mn  - Kaizen's $54 mn Growth Round led by Guidepost Growth Equity - Cintoo's $40 mn Series B led by Partech - Easy Home Finance Limited's $35 mn Series B led by Sumitomo Mitsui Banking Corporation – SMBC Group and Claypond Capital - PrognomiQ Inc's $34 mn Series D led by Seer, with participation from The Invus Group  - OptraSCAN's $30 mn Series B led by Molbio Diagnostics Feel free to contact us in case you want to learn more about the tech landscape in LatAm or discuss any strategic or financial advisory needs. #LatAmTech #TechTransactions #Tech #Technology #InvestmentBanking #MergersAndAcquisitions #CapitalRaising #FundingRounds

"Emerging Business Trends: The Top Innovative Ventures Shaping October 2024" This Byte News TV special report, delivered by anchor Ihta Pitaz, explores the most innovative and impactful new business ideas emerging in October 2024. Covering diverse industries such as green tech, AI-powered legal services, biotech, space tourism, and autonomous delivery, the report highlights how these ventures are addressing global challenges, enhancing sustainability, and reshaping traditional markets. From personalized wellness solutions to blockchain-based supply chain transparency, these new businesses offer a glimpse into the future of entrepreneurship, with a focus on technology-driven solutions that prioritize efficiency, accessibility, and sustainability. Video link: https://lnkd.in/gbQR9zNW #EmergingTech #DigitalTransformation #VRTraining #Blockchain #GigEconomy #VerticalFarming #AutonomousDelivery #EdTech #AIInBusiness #SmartManufacturing #EcoInnovation #LabGrownMeat #FinTech #SupplyChainTech #RemoteWorkSolutions #FutureOfEntrepreneurship #ByteNewsTV @ByteNewsTV-Pitaz @Followers @Anyone

The FinTech landscape in Brazil is undergoing a remarkable transformation, establishing itself as the largest in Latin America with over 370 dynamic startups. Fueled by innovations such as 𝐏𝐢𝐱 and 𝐎𝐩𝐞𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞, Brazil's digital financial ecosystem is revolutionizing how 𝐦𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐩𝐞𝐨𝐩𝐥𝐞 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 engage with 𝐦𝐨𝐧𝐞𝐲. This evolution is happening thanks to the innovation driven by the Central Bank, as well as regulatory changes that allow for greater openness and competitiveness in some sectors, unlocking new opportunities for emerging use cases. This creates new opportunities for both 𝐠𝐥𝐨𝐛𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 and 𝐟𝐢𝐧𝐭𝐞𝐜𝐡 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐨𝐫𝐬 alike. Yesterday, we saw another FinTech (Barte) securing another funding round, further reinforcing Brazil's importance in the LATAM FinTech landscape. 💬 Where do you see Brazil's FinTech ecosystem heading next? #Fintech #Brazil #OpenFinance #DigitalBanking #Pix #LatAmFintech #Innovation #BaaS

It's the final countdown ⏰ Already tomorrow, during #FintechForum conference, we will see the 8 finalists of the Fintech Factor competition. 8 brilliant teams and their ideas will be competing for some pretty sweet prizes and, of course, a potential syndicate investment from our angels community. 🙏 Good luck to all the teams Uniriva, Complok (Techstars '23), Securities LAB, Investonian, Axiology, Sweephy, Zeipt, & abillio Kudos to Tenity, Fintech Latvia Association and Latvijas Banka for making this happen. PS. Message us if you would like to be a part of an angels syndicate in one of the startups 🤔 #event #fintech #investment #angelinvestor

Dear #fintech aficionados, 🕵️♂️ Guess who's back again with some great Fintech #news, #deals and M&A activity for you? 🔍 Last week we saw 8️⃣ official fintech deals in #Europe for a total amount of 94.6m€ raised with: 2️⃣ deals in the UK 🇬🇧 2️⃣ deals in Ireland 🇮🇪 1️⃣ deal in Germany 🇩🇪 1️⃣ deal in Denmark 🇩🇰 1️⃣ deal in France 🇫🇷 1️⃣ deal in Switzerland 🇨🇭 🥇 Congratulations to AccountsIQ, a Dublin-founded provider of cloud-based, automated financial services for midsized companies, which has raised €60m in a Series C funding round led by Axiom Equity 🥈 Applause also goes out to Light, an AI general ledger for multinational companies, which has secured $13m in a Series A funding round led by Atomico 🥉 Lastly, we congratulate CleverCards, a global digital payments platform, which has raised €8m in a round led by Pluxee, with participation from existing investors 🎖️ Honorable mention also goes out to Tabeo for having raised a €876m debt facility 💡 To learn more about last week's activity and the 5️⃣ news that caught our eye, including Pluxee's acquisition of Cobee, check out Pauline's article ➡ https://lnkd.in/eMxGRquK

We are deeply grateful to everyone who contributed to the success of #FintechRecruits2024 in Luxembourg. Your expertise and engagement transformed the event into a premier forum for innovation and strategic exchange. A special acknowledgment goes to The LHoFT - Luxembourg House of Financial Technology. As a central force in driving fintech innovation, LHoFT connects startups, financial institutions, and global markets, fostering a collaborative ecosystem that accelerates growth and innovation. Their commitment to bridging finance and technology has made Luxembourg a beacon for forward-thinking financial solutions – such as Finmars, HQLAᵡ, Pliant and others, and we’re proud to be part of this visionary network. At the event, we were honored to present our vision for the future of digitalization in #InvesTech. Our approach centers on creating a digital platform and a collaborative ecosystem where InvesTech providers and industry leaders work together to deliver exceptional digital services for investors. Together with LHoFT, we are shaping the digital future of wealth and finance. #InvesTech #Fintech #AWM #Finmars #StrategicInnovation #LHoFT #FintechLeadership #WealthManagement #AssetManagement #Digitalization Antony Martini Oleg Greshnev Sergei Zhitenev

MoneyMatch, a recipient of Cradle's CIP300 and an investee of Cradle Seed Ventures, has announced the successful signing of a Memorandum of Understanding (MoU) with Trade Foresight™, a leading Data and AI-Driven Global #TradeTech platform. This strategic collaboration aims to integrate cross-border payment solutions through an initial pilot test, leveraging Trade Foresight™'s vast clientele. The pilot test will facilitate international transactions for Trade Foresight™'s users, with anticipated monthly transaction volumes ranging from RM10 million to RM15 million. The partnership seeks to enhance business connections, lead generation, and transactional efficiency within the platform. Following the pilot phase, both parties will explore further collaboration opportunities to expand the integration and its benefits. Read more: https://lnkd.in/dF5WR69D MoneyMatch Trade Foresight™ AIM Congress Cradle Seed Ventures Cradle Fund Dr. Muhammad Ehsan Khan - PgMP, PMP Adrian Yap Naysan Munusamy #TradeForesight #MoneyMatch #CrossBorderPayments #GlobalTrade #DigitalTransformation #fintech #Fintechnews #FintechnewsUAE

Buckle up, conference season is here! We're thrilled to announce that we’ll be attending FINNOSUMMIT in Mexico in a few weeks. The momentum is building, and we're ready to connect with the innovators shaping the future of #wealthtech. Join us to explore how our investment platform is revolutionizing the way financial institutions and fintechs to deliver outstanding investment experiences. ¿Nos vemos en Mexico? #HeyTrade #wealthmanagement #fintech #finnosummit ICEX

🚀 Exciting news from the FinTech world! Toku has just secured a US$ 9.3M Series A funding to revolutionize recurring payment collection in Mexico. This round, led by Gradient Ventures with additional support from Wollef, marks a significant leap forward since Toku's start in 2023 with a US$7 million investment. 🇲🇽 With these new funds, they plan to expand their team and develop innovative products tailored for the Mexican market. Toku's platform is designed to manage the entire collection cycle, combining cutting-edge software with personalized consulting. Their goal? To enhance and automate collections process, making it more efficient and cost-effective. 💡 Stay tuned as we continue to transform the financial landscape in Mexico! #FinTech #Investment #SeriesAFunding #Mexico #FinancialInnovation #Toku

🚀 Bangkok Calling! Ledgity x Chainlink Labs Event 🚀 Thrilled to be announce our upcoming invitation event for #Devcon in Bangkok . This marks a pivotal moment for Ledgity as we secure our first key partners. If you're an investor in Bangkok, don’t miss the opportunity to connect with us now and sign in there https://lnkd.in/ejKqm6Tp The landscape of traditional finance is shifting rapidly. We’re seeing acquisitions like Bridge by Stripe or The Broker #KSCM by Archax — signaling that the future of finance is evolving towards integration with crypto and DeFi. #Ledgity is here to play a critical role in this transformation, bridging the traditional and digital world 💹 🇫🇷 Ready for the scale ? Let’s connect and build the future of finance together -- GSR Signum Capital SNZ Capital Pantera Capital IOSG Ventures Bing Ventures Kima Ventures Amber Group 1confirmation Stake Capital Group a16z crypto Polychain Capital Dragonfly Multicoin Capital Lemniscap Electric Capital Hack VC Node Capital Shima Capital gumi Cryptos Capital Mirana Ventures Jump Capital Delphi Ventures SYNDICATE CAPITAL TON Ventures Variant Nexus Mutual Delubac Asset Management LI.FI #Ledgity #Chainlink #Devcon #DeFi #Investment #FinanceTransformation #Bangkok #DEFI