Tech stampede as investors hunt Latin American unicorns – Reuters
- Date: 21-Oct-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Tech stampede as investors hunt Latin American unicorns – Reuters
Oct 21 (Reuters) - When Sebastian Kanovich co-founded Latin American digital payments startup dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously.
"It took us a lot of No's before getting the first Yes," he told Reuters. "We were not only from Latin America, but from Uruguay, not known for technology."
Five years on, it's a different story.