MercadoLibre

Bold Announces $55M Series B Investment to Drive Continued Transformation of Colombia’s Digital Payments Ecosystem

Retrieved on: 
Thursday, February 3, 2022
Software, Technology, Professional Services, Finance, Growth, Entrepreneurship, CEO, Solution, Peloton, Sale, Ecosystem, Small business, Tiger Global Management, Tiger, GFC, SentinelOne, MercadoLibre, IPO, POS, Ali Baba, General Atlantic, Investment, LATAM, LinkedIn, Internet, History, Traction, Super Mario, Software, UiPath, Financial services, Online shopping, Procore, Confluence, Facebook, Flipkart, Chime, Emphasis (typography), Bold, Tiger Global, General Atlantic, Bold, TIGER GLOBAL, GENERAL ATLANTIC

Bold is an emerging independent merchant-acquirer with the mission of promoting financial inclusion by expanding the digital payments ecosystem in Colombia.

Key Points: 
  • Bold is an emerging independent merchant-acquirer with the mission of promoting financial inclusion by expanding the digital payments ecosystem in Colombia.
  • Merchants supported by Bold have seen sales grow approximately 25% on average simply by enabling digital payments.
  • Bold was founded in 2019 by Jos Vlez, Ana Mara Sandoval, Enrque Ramrez, Jorge Ulloa, and Sergio Vergara.
  • Bold offers small merchants a much-needed opportunity to access digital payments, commented John Curtius, Partner at Tiger Global Management.

Pattern Acquires Amplifi.io to Accelerate Ecommerce Content for Brands

Retrieved on: 
Wednesday, February 2, 2022
Technology, Marketing, Advertising, Communications, Software, Internet, Search Engine Optimization, Search Engine Marketing, Retail, Online Retail, Growth, CEO, EBay, Toshiba, JD, Walmart, Technology, PIM, Amazon, D2C, Target Corporation, Targus, MercadoLibre, Acquisition, DAM, Online shopping, Retail, Pattern, Tmall

The move will bolster the technology powering Patterns ecommerce acceleration platform, helping brands get their products into more ecommerce marketplaces and digital channels, faster, while keeping product listings and other digital assets updated automatically.

Key Points: 
  • The move will bolster the technology powering Patterns ecommerce acceleration platform, helping brands get their products into more ecommerce marketplaces and digital channels, faster, while keeping product listings and other digital assets updated automatically.
  • Conversion is the biggest commercial opportunity for brands in the digital landscape, and content optimization drives category leading conversion, said Pattern Co-Founder and CEO David Wright .
  • Were excited to join the Pattern family to continue to build transformational ecommerce technology for brands around the world, said Amplifi.io Founder and CEO Kenneth Garff.
  • Were excited to add our technology and skills to serving the incredible brands that leverage Patterns ecommerce acceleration platform.

Mercado Libre announces investments in Mercado Bitcoin and Paxos, references in cryptocurrencies digital assets management

Retrieved on: 
Thursday, January 20, 2022
Bitcoin, Ethereum, Mithril, PayPal, Société Générale, Technology, Corporate development, ABN AMRO, USDP, Corporation, ABN, Group, Adoption, NASDAQ, Bank, Mercados Libres Campesinos, Solution, GLOBE, MBDA, Blockchain, Insurance, Corporate venture capital, Nasdaq, Ecosystem, Credit Suisse, Central Bank of Brazil, Heart, MELI, Commerce, Bank of America, Senior, Partnership, Interactive Brokers, TrueCar, Investment, Cryptocurrency, Online shopping, MercadoLibre, Major airlines of the United States, Paxos

The investments, whose values were not disclosed, reinforce Mercado Libre's commitment to the development and use of crypto assets and blockchain technology in the region.

Key Points: 
  • The investments, whose values were not disclosed, reinforce Mercado Libre's commitment to the development and use of crypto assets and blockchain technology in the region.
  • MercadoBitcoin.com is Latams leading digital assets exchange and Paxos is a global leader in the crypto space and the current partner of Mercado Libre in the region.
  • Mercado Libre has been closely following the evolution of digital assets and blockchain technology around the world.
  • It builds enterprise blockchain solutions for institutions like PayPal, Interactive Brokers, Mercado Libre, Bank of America, Credit Suisse, Societe Generale and ABN AMRO.

Tecton Announces Line-Up for Second apply(meetup), a Machine Learning Data Engineering Event Taking Place February 10th

Retrieved on: 
Thursday, January 20, 2022
Carbon, SAN, Data, LinkedIn, Fixed-point theorem, Tide, Ursa, ML, MLOps, McKinsey & Company, Sequoia, CEO, Redis Labs, GLOBE, Databricks, Uber, Stanford University, Etsy, Airbnb, Netflix, Fiddle, Twitter, Snowflake, MercadoLibre, Microsoft, Pinterest, Walmart, Machine learning, Mobile phone, Medical device, Spotify, Tecton Group, Lemonade, Facebook, Confluence, Atlassian, Intuit, DoorDash, Google

apply(meetup) is a practitioner-focused community event for data and ML teams to discuss the practical data engineering challenges faced when building ML for the real world.

Key Points: 
  • apply(meetup) is a practitioner-focused community event for data and ML teams to discuss the practical data engineering challenges faced when building ML for the real world.
  • Everything is on the table from managing labeling pipelines to transforming features in real-time to serving at scale.
  • Tectons second apply(meetup) will feature speakers from Better.com, Carbon Health, Databricks, Etsy, Feast, Redis Labs, Rockset, Snowflake, Tecton, Ternary Data, Twitter and Walmart.
  • Tecton enables data scientists to turn raw data into production-ready features, the predictive signals that feed ML models.

Holberton School to open a new campus in Johannesburg, South Africa

Retrieved on: 
Thursday, January 20, 2022
Singular, MercadoLibre, Apple, SAN, LinkedIn, Knowledge, CEO, Student, GLOBE, Singularity (system theory), Silicon, Dream, Software, Pinterest, Partnership, Tutoring, Medicine, Holberton, Google

"South Africa is an important step for the development of Holberton School in Africa.

Key Points: 
  • "South Africa is an important step for the development of Holberton School in Africa.
  • 100% of the first graduates from Holberton School Tunisia -which was the first campus to open in Africa- have found a job, both from local and foreign companies.
  • The new school, which is the third Holberton School in Africa, will be located in Johannesburg and will open its doors to South African students on January 24, 2022.
  • The company will offer full scholarships to the first 20 Holberton School South Africa students as part of this partnership.

EBANX launches first office in Mexico City and rapidly expands its payments business in Latin America's second-largest economy

Retrieved on: 
Wednesday, January 12, 2022
Science and technology in Asia, OXXO, Association, CEO, AMI, Solution, Latin Americans, Drug, Online shopping, MercadoLibre

These new local solutions will allow international companies to enter the Mexican market with much greater ease and consolidate their presence.

Key Points: 
  • These new local solutions will allow international companies to enter the Mexican market with much greater ease and consolidate their presence.
  • These new offerings for merchants operating within Mexico are launched together with the opening of EBANX's new office in Mexico City.
  • EBANX has grown the number of transactions it processed in Mexico 115 percent last year, and its major customers in Mexico include Hibobi, SHEIN, Shopee and Wish.
  • EBANX goes beyond payments, increasing sales and fueling seamless purchase experiences for companies and consumers.

Holberton School is opening in Toulouse, France, in partnership with Actual Group and Bizness

Retrieved on: 
Tuesday, January 11, 2022
Sola, MercadoLibre, Region, Man, Apple, SAN, LinkedIn, Actuality film, Record, Organization, Partnership, CEO, Student, GLOBE, Solution, Biz Stone, Holberton, Education, Employment, Pinterest, Woman, Tutoring, Caisse, Silicon, Google

SAN FRANCISCO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Launched in France in partnership with Actual Group, a major player in the French employment market, and the Toulouse-based Bizness Group, Holberton School advocates inclusion and diversity.

Key Points: 
  • SAN FRANCISCO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Launched in France in partnership with Actual Group, a major player in the French employment market, and the Toulouse-based Bizness Group, Holberton School advocates inclusion and diversity.
  • After Lille, Laval, and Paris in 2021, Holberton School is coming to Toulouse to allow better access to education across the country.
  • Samuel Tual, CEO of Actual Group: Digital technology is profoundly transforming the world of work and the organization of companies.
  • Holberton School trains software engineers in both practical knowledge and theory by utilizing project-based and peer learning.

Mercado Libre announces the acquisition of Redelcom to strengthen its strategy in payment systems

Retrieved on: 
Tuesday, December 14, 2021
Solution, Company, Mobile, Growth, SME, Sale, Acquisition, NASDAQ, MELI, Mercados Libres Campesinos, General manager, Internal Revenue Service, Quality of life, Revenue stream, GLOBE, POS, Technology, Online shopping, Bank, Nasdaq, MercadoLibre

This is Mercado Libre's first purchase in the region in payment systems, which strengthens the business position of its Mercado Pago unit, the largest fintech in Latin America.

Key Points: 
  • This is Mercado Libre's first purchase in the region in payment systems, which strengthens the business position of its Mercado Pago unit, the largest fintech in Latin America.
  • Mercado Libre seeks to consolidate its value proposition in Chile and enhance the growth of its multiple payment tools and digital financial solutions.
  • Redelcom will join the Mercado Libre and Mercado Pago ecosystem and its successful business model.
  • The acquisition of Redelcom reinforces Mercado Libre's ecosystem, which offers different solutions to SMEs and companies through its marketplace platform and its fintech Mercado Pago.

Rapyd Research Finds Growing Appetite for Digital Payments in Latin America

Retrieved on: 
Thursday, December 16, 2021
LinkedIn, PayPal, Stripe, Population, E-commerce, Growth, Adoption, Blog, MercadoLibre, VP, Eye, Consumer, Twitter, Social commerce, Science and technology in Asia, General Catalyst, Drug, Online shopping, LATAM, Brazilians

The trend is not restricted to bank-supplied services, with the region also demonstrating extremely high usage of non-bank payment apps.

Key Points: 
  • The trend is not restricted to bank-supplied services, with the region also demonstrating extremely high usage of non-bank payment apps.
  • "Latin America is quickly emerging as one of the most digital-savvy markets for financial services," said Eric Rosenthal, VP of Rapyd for the Americas.
  • Latin Americans' willingness to leave traditional banks in favor of digital-only banks is already high and still growing.
  • Rapyd is the fastest way to power local payments anywhere in the world, enabling companies across the globe to access markets quicker than ever before.

Rapyd Research Finds Growing Appetite for Digital Payments in Latin America

Retrieved on: 
Thursday, December 16, 2021
LinkedIn, PayPal, Stripe, Population, E-commerce, Growth, Adoption, Blog, MercadoLibre, VP, Eye, Consumer, Twitter, Social commerce, Science and technology in Asia, General Catalyst, Online shopping, Drug, LATAM, Brazilians

LONDON and MOUNTAIN VIEW, Calif., Dec. 16, 2021 /PRNewswire/ -- Rapyd, a global Fintech-as-a-Service company, released the results of a new survey exploring the adoption of digital finance tools and eCommerce in Argentina, Colombia, Mexico, and Brazil.

Key Points: 
  • The trend is not restricted to bank-supplied services, with the region also demonstrating extremely high usage of non-bank payment apps.
  • "Latin America is quickly emerging as one of the most digital-savvy markets for financial services," said Eric Rosenthal, VP of Rapyd for the Americas.
  • Latin Americans' willingness to leave traditional banks in favor of digital-only banks is already high and still growing.
  • Rapyd is the fastest way to power local payments anywhere in the world, enabling companies across the globe to access markets quicker than ever before.