Bloomberg Line – In what line did the protagonists of tech & funding move in the last 7 days? Welcome to the weekly summary of the best of the world of startups in Latin America.

This week a new Latin American unicorn was announced, it is the Mexican credit card fintech Stori that extended its Series C for US$150 million dollars and thus reached a valuation of US$1.2 billion.

News of layoffs at startups in the region also followed. This week Alice, Jokr and Tribal join massive new round of layoffsthe Latin American startups that have received millions in recent months are now looking for the efficiency of their financial resources and have seen in staff cuts a solution to the panorama of macroeconomic crisis.

Source: Cuba Detail Zero