November 14, 2018 |
Brazil's Monashees has bankrolled the Argentine mobile banking app Ualá and the Mexican electric scooter-sharing service Grin Scooters as part of the first investments from a $150m Latin American venture capital fund.
"We have already invested, and deal flow is very strong," a company source told LatinFinance. "We see great opportunities in Latin America right now, where many companies are maturing with great technologies."
Ualá has also received investments from Goldman Sachs, Ribbit Capital, J
Venture capital firm goes beyond Brazil to finance a mobile banking app in Argentina and an electric scooter sharing service in Mexico