"They've demonstrated the patience and domain expertise required to tackle the opportunity before them in Latin America".
To tackle that opportunity, Pro.com had raised $3.5 million in seed funding prior to launch from investors that include Madrona Ventures, Andreessen Horowitz, Redpoint, Bezos Expeditions, Two-Sigma Ventures, and Sherpa Foundry.
The Philippines is one of the largest remittance markets in the world, and it would be interesting to see a payments firm using the blockchain to tackle that opportunity.
Google is tackling that opportunity with mobile search obviously, but also with Android, which comes with Google search built-in as the default.
Google's new role in international remittances comes at an interesting time for the big tech giants and how they have tackled the opportunity to do more business in emerging markets.
Now, the messaging app is the medium, and today one of the startups tackling that opportunity in a unique way has raised a round of funding to get to the next stage of growth.
After having built products with hundreds of news organizations at Facebook from the outside, I'm particularly excited to return to tackle these opportunities with The Atlantic from within.
