TTR In The Press
Bloomberg Línea
February 2023, Yanin Alfaro (EN) and Isabela Fleischmann (EN)
Rounds of the Week: The Climate Box, Estoca, Vexi, Vaas and Ulend Raise Funds
The emergence of neobanks is sparking the interest of venture capital investors in Latin America; this week two of them attracted investments
Bloomberg Línea — TTR data (formerly Transactional Track Record) reported that during January venture capital transactions decreased by 51% in Latin America, with only 51 investments during the month, and which totaled $656 million.
Although investment remains cautious due to high interest rates, startups continue to receive inflows, albeit lower than those seen in 2021, which was a record year for the region.
Source: Bloomberg Línea
