Brazil’s Movile Invests $2M in Mobile Ticketing Startup CinePapaya

October 20, 2014

7:37 pm

Brazil’s answer to Rocket Internet, Movile, announced that is has invested US $2M Peruvian-based startup, CinePapaya.  The Wayra graduate is a mobile movie ticketing company that has expanded to Chile, Colombia, Mexico, Argentina, Brazil, Costa Rica, Venezuela, Ecuador and Miami. They offer users searching and buying tickets, with additional features that allow users to find films based on their daily calendar.

It was reported that the company will use the funds to expand to new markets, hire new staff, and increase product innovation as part of the Movile network of companies.

Screen Shot 2014-10-20 at 6.31.04 PM

“We’re building a comprehensive suite of apps that will encompass key consumer verticals.” said Fabricio Bloisi, Movile’s founder and CEO in a recent interview. “It’s exciting to be building the next generation of apps that will define how millions of Latin Americans get the goods and services they want through their phone.”

Movile recently raise $55M in August and has invested in Brazilian startup Apontador, a review and search startup.

 

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Camila has been heavily active in South Florida’s tech startup community, where she is a co-host of a local radio show called pFunkcast. Camila previously worked at Greenpeace International and the Organization of the Prohibition of Chemical Weapons (OPCW) in various communication roles. A proud Brazilian who spent most of he life in Peru, she is passionate about traveling and documentaries.

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