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Alternative protein startups are going mainstream in LatAm
*By Charlotte Paratre Instead of Chilean salmon, turkey from Mexico, or a fancy French cheeseboard, how about choosing a plant-based alternative for your holiday menu this year? You might have already given it a thought. Alternative protein (or alt protein) startups are booming worldwide: $3.1Bn were invested in this industry in 2020, representing more than […]
Nubank grows portfolio in Mexico with key acquisition
Nubank, the Brazilian digital bank, announced that its Mexican subsidiary Nu México has acquired Akala, a Sociedad Financiera Popular. This designation allows Nu to perceive savings from the general public –a new service that expands its current portfolio. The amount of the transaction wasn’t revealed, but it has the approval of Mexico’s main banking regulator […]
A fintech company may be the next LATAM unicorn
Of the 79 Latin American startups with a valuation of over $100M, almost 40% belong to the fintech industry. In terms of representation, this makes it more likely that a startup from this sector will become the next regional unicorn. The Soonicorn Club map was identified by ALLVP Research, the intelligence unit of early-stage investment […]
Brex adapts to tough times, but is it only skin deep?
Contxto – It has been an interesting year for Brex. The fintech who had such a troubled year that they have decided to change things but only superficially. Back in May, the company had received a US$150 million investment, and planned on hiring 400 employees—but this year has turned differently—by June it had laid off […]
Used car platform Kavak hits US$1.15B valuation. First-ever unicorn from Mexico
Contxto – Used car platform Kavak the pre-owned car giant announced it reached unicorn status yesterday (30). In an interview, the startup said it reached a US$1.15 billion valuation following an investment round it closed in September. The startup didn’t share how much the invested totaled for, only that Greenoaks Capital led it. In terms […]
“Yes, you do have the time.” 10 tips on how to manage time like the best startup CEOs
Contxto – If you’re on your way to becoming a CEO or even if you’re already one, you probably already think you know how to manage time, but just wish for days with more than 24 hours. But I’ll tell you a hard truth: You do have enough time in your day for all your […]
Travvis finds the best “customer journey” is where one literally travels
Contxto – Startup Travvis has traveled many miles across many sectors to get to where it is. Nowadays, the Colombian company has been able to reveal to Contxto a big corporate partnership that will hopefully take its growth to new heights. Travvis is an Artificial Intelligence (AI) platform that specializes in facial recognition to measure […]
Nubank buys US-company, launches products, and… raises Series G?
Contxto – Nubank is the world’s biggest challenger bank in the world. So, perhaps we shouldn’t be surprised that the company is doing big things all over the place. However, I don’t believe in coincidences, so let’s have a look at what Nu’s been doing over the past week. A first international M&A for Nubank […]
Segundamano Review: As easy to use as they say?
Contxto – Segundamano is a Mexican online platform for selling and buying new or second-hand products through classified ads. It is also available as an app for both Android and iOS users. It aims to make it easier for both buyer and seller to communicate and do a successful exchange of goods. Segundamano even offers […]
7 ways remote work will rock everyone’s future
Today’s Soapbox opinion comes from Paulo Bichucher, co-Founder at Yuca. Contxto – Covid-19 provided what some are considering to be the final blow to retail landlords, accelerating the switch to online commerce. Now, offices are in the spotlight. Will this pandemic accelerate the rate at which people move from the office to remote work, ultimately […]