latin america

Africa Roundup: Uber says it’s staying, Konga could be epic startup fail

Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last

Global tech firms and investors are reshaping Latin America’s startup environment

Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri

Report: China’s Didi to buy Brazil’s 99 in $1B deal to take on Latin America

A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market. Now, on the heels of getting a

Latin America’s Groupon Mafia

The founders of PayPal and its employees have produced many highly successful companies over the years. Often referred to as the “PayPal Mafia” because they’ve had such an impact on the startup

Trocafone raises $15 million to expand its used electronics marketplace in emerging markets

Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $

Copycats versus disruptors in Latin America

A majority of the most successful startups coming out of Latin America have fallen under the "copycat" business model. On the other hand, there’s been a rise in truly disruptive ideas coming out of

Peru is on a bid to catch up with its innovative Latin American neighbors

For the past decade the Peruvian economy has been one of the fastest moving in the region -- but it’s apparent Peru’s technology ecosystem is still in its infancy. Economically driven by mining, P

Argentina’s government is wooing entrepreneurs with a new law

Despite years of economic uncertainties and the lack of a proper legal framework to help promising startups obtain capital, Argentine entrepreneurs are building a vibrant entrepreneurial ecosystem. Th

A new era for startup investing in Latin America

Startups in Latin America are using creative solutions to address not just local but also global problems. For investors outside the region, the prospect of working with these startups can appear attr

Brazil’s fintech boom offers new vertical opportunities for investors

Fintech is booming around the world. Global investments in fintech companies have continued to rise during the last two years. According to ABFintechs, the Brazilian fintech association, the fintech s

500 Startups will keep investing in Latin America with new $10M fund

500 Startups is increasing its commitment to global investing with a new Latin America fund, targeting $10 million, going by the name of Luchadores II, the Spanish word for wrestlers. The fund is 500'

Beek is the emoji-based book review site aiming to change e-commerce in Latin America

Leveraging post-literate tools like YouTube and emojis to create a website and mobile app that allows people to review the books they're reading while they're reading them, Beek is a startup that embr

Trocafone unlocks Latin America’s smartphone market selling certified, pre-owned phones

Sometimes it's a startup business, and not political power, that grows out of the barrel of a gun. At least, that's the story behind Trocafone, a Brazilian startup that just raised $7 million for its

Why have some of Silicon Valley’s top investors started investing in Latin America?

Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri

While many on-demand food startups fail to deliver, iFood picks up $30 million to expand in Latin America

The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery market outside of the US.

Latin America’s chronic inefficiency could drive more O2O commerce growth

There are numerous daily tasks that can be solved with ease in the U.S. In comparison, the lack of training, standardization and process in Brazil creates chronic inefficiencies in the service sector

What startups are saying about raising cash in Latin America

You don’t have to look hard to see why the startup community in Latin America has long faced a lack of capital and resources to fuel significant growth. Many Latin American entrepreneurs have endure

Why Latin American economies are turning to bitcoin

The economic prospects for Latin America in 2016 are grim. With political instability in some of the region's largest economies, as well as a general slump in prices in oil and other commodities, busi

The Miami Tech Scene Is Heating Up

Miami is a city of many traits. Historically recognized for the sun, beach and tourists of South Beach, it has now become much more than that. With one of the most diverse populations in the country,

Jompeame Wants To Reduce Poverty In South America Through Crowdfunding

Jompeame (Jumpstartme in Spanish) is a new crowdfunding site aimed at helping the impoverished in Latin America. “Our mission initially is to change the lives of at least 5 people in this condit
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