From Brazil’s online lender Nubank to Colombian delivery firm Rappi, Latin American tech startups raised $14.8 billion in new money during the first nine months of 2021, a jump of 174% since last year. Reuters provided a deep dive into how this boom has caught the eye of some of the biggest names in private equity and venture capital, such as SoftBank Group Corp, General Atlantic and Sequoia Capital. Now Wall Street’s banks are looking to tap into the gold rush by taking more Latino “unicorns” public in the United States.
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