Tesla’s next factory will be in Mexico, president confirms

Tesla plans to build a new factory in Monterrey, Mexico, the country’s president said Tuesday, confirming speculation that the automaker would set up shop there. Notably, Tesla has agreed to use

Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards

Getting a credit card is something most Americans take for granted. In countries such as Mexico, it’s a much more difficult and less common endeavor. In fact, less than 20% of the population has acc

Meet Beek, a startup bringing audiobooks to LatAm with big-name backing

Growing up in Mexico City, Pamela Valdes says she was a bullied child who was inspired by stories her parents told of other bullied individuals, such as Bill Gates, who went on to be very successful.

Minu knows financial, employee wellness are connected, so it built 30 gamified benefits

Two years after profiling minu, the company has over 300 enterprise customers and its revenue grew more than five times between 2021 and 2022. 

Amplifica Capital ‘wants to be the fund that LatAm’s female tech founders reach out to first’

Amplifica invests mainly in teams where there are female founders or co-founders or goods and services focused on women.

Early-stage Mexico fintech Aviva is making loans as easy as a video call

Aviva uses AI and natural language processing to match customers’ spoken words with fields of a loan application. Within minutes, customers can qualify for up to $1,000.

Perfekto bags $1.1M to find homes for imperfect produce in Mexico

Perfekto's customers can personalize their subscription box of imperfect produce, of which the company says 1 million pounds have been rescued from landfills since 2021.

Mattilda wants to take over payment collection for Latin America’s private schools

The company's SaaS tool enables parents to make private school tuition payments from a personalized payment link sent to them via email or WhatsApp. 

Kaszek, YC back DolarApp’s mission to ‘dollarize’ Latin America’s finances with crypto

With DolarApp, users can open a bank account going from peso to dollar dominated stablecoin USD Coin (USDc) and back in seconds.

3 investors explain why earned wage access startups are set to cash more checks

It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time, has exploded in popularity.

For LatAm payment orchestration startups, market fragmentation is a blessing in disguise

To be successful in Latin America, payment orchestrators must provide a robust value proposition that meets the unique conditions of the region.

Alima aims to build out Latin America’s perishable foods supply chain

Alima’s platform digitizes and optimizes procurement, transport and traceability using artificial intelligence and analytics integration so that less food is spoiled.

Draftea kicks off LatAm fantasy football with NFL partnership, fresh funding

Draftea, which calls itself the first daily fantasy sports company in Spanish-speaking Latin America, is taking fantasy football (not fútbol) to the region in a new partnership with the National Foot

MEDU takes in $4M to develop reusable personal protective equipment

MEDU aims to reduce hospital garment waste and replace single-wear items with its line of sustainable, virus-resistant reusable pieces.

Andreessen, Atlantico, MAYA Capital add some dough to Fudo’s restaurant tech recipe

The independent restaurant customer, most likely adopting restaurant operation technology for the first time, is who Fudo is targeting.

Tiger Global, YC back Rebill’s subscription payment platform for Latin America

Rebill differs from legacy providers in that it is targeting medium to large companies, is cloud-based and sold on a subscription basis so customers just have to pay a license fee.

Your future shrimp meal could come from Atarraya’s farming technology

The company's three-pronged technology includes creating ideal environment for the shrimp, remote operations management and AI-powered automation to monitor and feed them.

Fox-owned Tubi expands its free streaming service to five Latin American countries

Tubi, the free ad-supported streaming service owned by Fox, is now available in Costa Rica, Ecuador, El Salvador, Guatemala and Panama — an expansion that has doubled its global footprint and signal

Miferia wants to expand its wholesale inventory marketplace across Latin America

The Mexico-based company enables retailers to bring their inventory relationships online, expand their product selection and get more favorable credit terms.

Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea

Kolors is following a model that it describes as “if Uber and Southwest Airlines had a baby," providing a technology layer to bus operators to help them operate more smoothly.
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