9 Millones

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9 Millones is a multiplatform media of solution journalism that informs, based on data, the nine million Puerto Ricans around the world about what is happening in the archipelago, in a transparent, contextualized and colloquial way.

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News

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Puerto Rican project chosen for Google News Lab Boot Camp

5 months ago

Contxto- In an age of “Fake News,” journalism has become more controversial, but at the same time,  more fact-driven. Many outlets are looking for that extra support to become mainstream media and be able to reach more people. However, this wouldn’t be possible without a platform, and that is what the Google News Initiative Startup […]

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Nuvemshop raises US$30 million in bid to become Latin America’s Shopify

6 months ago

Contxto– Argentine e-commerce platform Nuvemshop raised US$30 million in funding to expand their operations as a website builder for small and medium enterprises (SMEs).  Nuvemshop (known as Tiendanube in Spanish) started nearly ten years ago in Buenos Aires, and has since expanded to Brazil and Mexico, with plans to move to Colombia and Peru in […]

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3 science-based startups from Argentina each raise US$1.75 million

6 months ago

Contxto – Many of the investment rounds we cover here at Contxto involve a lot of the same stuff: consumer fintechs, proptech platforms, B2B lending startups… But every once in a while, a fund will pop up announcing funding for more out-of-the-box startups as is the case with the Center for Technological, Entrepreneurial, and Social […]

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Finsocial raises US$20 million in debt financing to dish out more loans in Colombia

7 months ago

Contxto – Households across Colombia are scrambling to make ends meet with improvised businesses, pawnshops, and of course, requesting loans. To (hopefully) add some relief on that end, Finsocial got COP$76 billion (~US$20 million) in debt financing. Swiss Symbiotics procured the funds which will be channeled towards the fintech’s increasingly diverse lending solutions. Finsocial in […]

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Why EBANX sees big potential in its payment processing service in Uruguay

8 months ago

Contxto – Fintech EBANX launched operations in its ninth Latin American country, Uruguay, this week. Correspondingly, merchants there will now be able to process debit and credit cards through the startup’s system. EBANX was already handling payments in its native Brazil as well as Bolivia, Ecuador, Peru, Chile, Argentina, Colombia, and Mexico. EBANX and potential […]

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Government’s payment platform CoDi has yet to take off in Mexico

9 months ago

Contxto – Even the best-intentioned public policy can fall a little flat. Case and point is Mexico’s mobile payment platform, CoDi. The government launched this system in September of last year and an initial survey showed many users didn’t even know what CoDi was. I’m sure you know, but just in case: It is the […]

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Karün raises US$4M for its sustainable eyewear

9 months ago

Contxto – Sustainability doesn’t have to be left to NGOs and governments to sort out. There are plenty of Latam startups that through entrepreneurship, are creating a better future and providing jobs along the way. And it’s not a matter of charity either, it’s a legitimate and potentially profitable business. Proof of that is the […]

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Hugo raises Series A, launches hugo Ventures to boost regional digitization

11 months ago

Contxto – Usually, an equity round entails a startup announcing its plans for scaling up, product development, hiring, and so on. Although that’s not exactly the case with Salvadoran Hugo. This last-mile delivery startup recently raised a Series A investment for an undisclosed amount. But instead of highlighting the types of programmers it’ll hire, it touted […]

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Fintech Zinobe raises highest financing round yet, US$30 million

11 months ago

Contxto – Fintech Zinobe recently closed a financing round for US$10 million and that may go up to US$30 million through Monachil Capital Partners. Most of these funds (70 percent) will be dished out as loans through the fintech’s loaning platform, Lineru. The startup shall use the remainder for a series of credit lines for […]

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À la carte consumption: Covid-19 and Argentina’s food of the future

11 months ago

This week we had our Morning Coffee with Adolfo Rouillon, Co-founder of Frizata.com Contxto – Two out of three people in Argentina, at least once a month, bought an everyday consumer product online, according to 2019 figures. These numbers were published in the “Annual Study of E-Commerce in Argentina” and they show how online purchases […]

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