Mexico

Raising $22.5 million, Liftit looks to expand its logistics services in Brazil, Mexico, Chile and Ecuador

The Colombian trucking and logistics services startup Liftit has raised $22.5 million in a new round of funding to capitalize on its newfound traction in markets across Latin America as responses to t

Extra Crunch support expands into Argentina, Brazil and Mexico

We’re excited to announce that Extra Crunch is now available to readers in Argentina, Brazil and Mexico. That adds to our existing support in the U.S., Canada, the U.K., and select European countrie

Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores

Jüsto, the Mexico City-based, delivery-only grocery store chain, has raised another $12 million in financing as it looks to expand its now pandemically relevant business of “dark stores”

La Haus is bringing US tech services to Latin America’s real estate market

The alchemy for a successful startup can be hard to parse. Sometimes, it’s who you know. Sometimes it’s where you go to school. And sometimes it’s what you do. In the case of La Haus

Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services

Belvo, a Latin American fintech startup that launched just 12 months ago, has already snagged funding from two of the biggest names in North and South American venture capital. The company is aiming t

Fintech regulations in Latin America could fuel growth or freeze out startups

Regulatory consistency, legislation that tunes in with sector capabilities and forward-thinking agile startups will give continued growth and innovation the biggest chance of success.

Omidyar-backed Spero Ventures invests in Mexico City’s Mati, a startup pitching ID-verification

Spero Ventures, the venture capital firm backed by eBay founder Pierre Omidyar, has gone to Mexico City for its latest investment, backing the identity verification technology developer Mati. Launched

Hims & Hers launch Spanish language telemedicine services

Hims & Hers, the startup focused on providing access to elective treatments for things like hair loss, skin care and erectile disfunction and online telemedicine services, is expanding its service

Snap’s Yellow accelerator debuts its third batch of investments

This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator

Instagram Lite shuts down in advance of a relaunch

Instagram Lite, the two-year-old version of the Instagram app aimed at emerging markets, has quietly disappeared. The previously highly ranked app vanished from the Google Play charts on April 13 in t

Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank

Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners . Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More pos

Uber adds retail and personal package delivery services as COVID-19 reshapes its business

Uber is introducing two new types of services, the company announced this week, including Uber Direct and Uber Connect. Direct is a delivery platform for retail items, while Connect is a peer-to-peer

Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom

As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.

Major automakers Toyota, Honda, FCA extend factory closures

Toyota, Honda and Fiat Chrysler Automobiles will not reopen North American factories at the end of the month as planned, as the COVID-19 disease spreads and dampens demand for new cars, trucks and SUV

Ford won’t restart North American plants on March 30

Ford said Tuesday it won’t restart its factories in the U.S., Canada and Mexico on Monday, March 30 as the automaker had originally planned. The company, which suspended production at its North

Fiat Chrysler to start producing 1 million face masks a month

Fiat Chrysler Automobiles said Monday it will start manufacturing face masks in the coming weeks and donate the critical medical equipment to first responders and healthcare workers — the latest aut

Justice Dept. files its first coronavirus takedown: a bogus vaccine website

U.S. federal prosecutors have filed and won a temporary restraining order against a website offering a fraudulent coronavirus vaccine, which the Justice Department said is its first enforcement action

US and Mexico close border to all ‘non-essential travel’ due to coronavirus crisis

In the latest effort to tighten travel restrictions to limit the spread of the novel coronavirus, President Trump has ordered the closure of the border between the U.S. and Mexico to all but essential

Honda to shut down North American factories for six days

Honda said Wednesday it will shutter all of its North American factories for six days due to an expected decline in the market related to the economic fallout from the spread of COVID-19, a disease ca

American Airlines cuts long-haul international flights by 75%

American Airlines said it will suspend 75% of its long-haul international flights from the U.S., beginning March 16 in response to decreased demand and government travel restrictions put in place to l
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