Mexico

Peru’s startup scene is ready for more

A surge in funding for Latin American startups is having an effect on companies in the region’s smaller markets.

Latin America takes the global lead in VC directed to female co-founders

Many studies have established that female-founded companies outperform their all-male counterparts.

Women are the secret ingredient in Latin America’s outsized returns

Looking at the current Latin America numbers, one can only be hopeful that more investment into female co-founders will promote further growth in the region.

Mobile banking alternative Bnext expands to Mexico

Spanish startup Bnext is expanding beyond its home country. The company is currently rolling out its product in Mexico, and 170,000 people signed up to a waiting list. Bnext is going to invite those 1

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M

The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most populous nation with

Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back

Brazil’s famously tricky real estate market has long drawn international investors to the region in search of tech solutions.

Rivian is building Lincoln an all-electric vehicle

Lincoln Motor’s first all-electric vehicle is coming from Rivian . Lincoln, the luxury brand under Ford, said Wednesday the two companies will work together to develop an “all-new” e

Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based

Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years. The Boston based accel

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized th

Albo raises $19M Series A to scale Mexico’s largest neobank

Another startup hoping to capitalize on the fintech opportunity in Mexico has closed on a new sum of funding. Mexican challenger bank Albo has secured a $19 million extension to its Series A financing

Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank.  This marks Tencent’s second round of

Providing emergency and security services to employees, Base Operations raises $1M

In 2017, when a destructive earthquake struck Puebla, Mexico, sending shock waves to Mexico City and destroying buildings in the nation’s megalopolis and its surrounding suburbs, both public and

Looking to become the central hub for logistics management, Shipwell raises $35 million

Shipwell, the software platform for managing trucking logistics, has raised $35 million and is expanding its suite of services to become a full-service hub for logistics management.  The new round le

Legged lunar rover startup Spacebit taps Latin American partners for Moon mission

U.K.-based lunar rover startup Spacebit, a company developing robotic exploration hardware for use on the Moon, announced two new partners that will help it develop and finalize its technology ahead o

The battle to become the Mexican Nubank just started

Although the market is still in its early stage with just a handful of neobanks with running services, the stage is set for an amusing upcoming battle.

Auto workers’ strike pushes GM losses past $1 billion

The workers strike against General Motors — now in its third week — has cost the automaker more than $1 billion during the third quarter, according to a research note from J.P. Morgan analyst Ryan

Latin America Roundup: SoftBank bets on Brazilian unicorns and Konfio raises $250M for lending plans

SoftBank did not let up the flow of capital to Brazil this month, staying busy despite the WeWork debacle. With two more $100 million-plus rounds in QuintoAndar and MadeiraMadeira, the Japanese invest

Voter manipulation on social media now a global problem, report finds

New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties making cynical use of social media alg

The emergence of super apps in Latin America

Because of its vast population distributed in more or less similar countries regarding language, culture and religion, Latin America is an especially compelling region for the emergence of super apps.
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