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Uruguay’s DLocal Valued at $5 Billion After Alkeon and Tiger Invest

2021-04-05T13:49:46-03:00April 5, 2021|Categories: Economy|Tags: , , |

DLocal, a payments startup, has seen its valuation more than quadruple to $5 billion after raising $150 million in an investment round led by Alkeon Capital. The Montevideo, Uruguay-based company also raised fresh capital from investment firms Bond, D1 Capital Partners and Tiger Global. DLocal, which processes cross-border payments, separately appointed Sumita Pandit, a former [...]

Siigo Expands Latin American Presence to Uruguay By Joining Forces with Memory

2020-11-20T15:32:23-03:00November 20, 2020|Categories: Health, Science and Technology|Tags: , , , , |

Siigo, the leading ERP software company for small- and medium-businesses (SMBs) in Colombia, today announced that it has joined forces with Memory, a leading ERP provider for SMBs in Uruguay. This acquisition marks Siigo's second geographic expansion in less than three months, after acquiring Contífico, ERP software provider in Ecuador in August 2020. Siigo received [...]

Holberton School’s Montevideo Campus Inaugurated by Uruguay’s Minister of Labor and Social Welfare

2020-11-18T13:01:15-03:00November 18, 2020|Categories: Education|Tags: , , , |

Holberton School, the college alternative educating the next generation of software engineers, alongside Fundación Zonamerica, hosted a ceremony to celebrate the inauguration of its Montevideo, Uruguay campus in Jacksonville. This initiative aims to reduce the digital talent gap existing in the country to satisfy the needs of the local technological industry by training students to [...]

11 startups in Uruguay to keep an eye on in 2020

2020-06-22T12:52:40-03:00June 22, 2020|Categories: Health, Science and Technology, Uruguayans to the World|Tags: , , |

We know d-Local and PedidosYa are some of the most funded startups in Uruguay, but they’re not the only companies with real value in the country. I feel like Uruguayan startups are like hidden creatures, but once you spot them, you start discovering more and more. Therefore, I searched far and wide, meditated a lot, [...]

FacePhi Establishes New LATAM Support Team in Uruguay

2020-06-08T15:42:30-03:00June 8, 2020|Categories: Health, Science and Technology|Tags: , , , |

FacePhi is establishing a new team in Uruguay to provide better support to its customers in Latin America. The facial recognition specialist currently provides secure onboarding services for financial institutions throughout the region, with recent clients including Argentina’s Banco de Corrientes and Uruguay’s own Creditel credit service. The company previously entered the country through a [...]

Uruguay’s dLocal integrates with Shopify

2020-05-20T13:37:01-03:00May 20, 2020|Categories: Health, Science and Technology, Made In|Tags: , , |

dLocal, an Uruguayan company that specializes in cross-border payments for emerging markets, recently announced a partnership with Canadian e-commerce company Shopify. This partnership allows international e-commerce merchants to accept local payment methods in emerging markets through dLocal’s payment processing network. With dLocal, merchants can bypass the typically time-consuming setup through a payment gateway and gain real-time [...]