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Zaaz Bicimensajería is Cuba’s solution for a greener way to deliver
Contxto – We all heard how important it is to limit our carbon footprint and for us to care about climate change. That and how doing more exercise and being healthier is a must in life. Luckily, all of these are some of the perks provided by the new Cuban startup Zaaz Bicimensajería, an eco-friendly […]
Nuvemshop raises US$30 million in bid to become Latin America’s Shopify
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 […]
SoftBank’s Latin America fund will decide the future of fintech
Welcome to our new The Exclusive deep dive content about our Latin American ecosystem. We’re giving our registered newsletter users a sneak-peek of these soon-to-be paid for articles. Contxto—Politics, football, and Tesla’s current stock price all have one thing in common with SoftBank—Latin America’s largest foreign investor—; you should never mention them in conversation unless […]
SME financial platform Xepelin raises US$2.5 million seed round led by Ideas Impact VC
Contxto – On October 1, Xepelin, a Chilean financial platform created for SMEs to grow, raised a US$2.5 million seed round led by Ideas Impact VC. This is Xepelin’s third funding round, bringing its total funding amount to US$3.5 million. Other investors in this recent round include Oskar Hejertonsson, Manutara Ventures, Ignacio Canals, Gonzalo Rojas, […]
Rappi seeks to improve cash solutions and reconciliations with help from SafetyPay
Contxto – Just after wrapping up a funding round that exceeded US$300 million, the Colombian delivery unicorn, Rappi, has now joined forces with the payment platform SafetyPay. Together they want to streamline the company’s cash solutions and financial reconciliations, meaning the money leaving an account matches the amount spent. Since Rappi has evolved from delivery […]
Raise venture capital in a week? Horus says, “Challenge accepted”
Contxto – It’s time to turn our eyes back to Brazil (again) because agtech Horus Aeronaves has raised an investment worth R$2 million (~US$358,500). This round was led by EqSeed which is interestingly enough an online crowdfunding platform. Horus Aeronaves is, as previously mentioned, an agtech that processes the images and data provided by their […]
Fintech was about going digital, why are challenger banks addicted to plastic cards?
Contxto – Some might think that the story of fintech in Latin America is that of an underdog: A rebellious bunch of disruptors playing by their own rules and trying to conquer a game as old as time. However, the most recent strategy adopted by challenger banks doesn’t portray them as dissidents – in fact, […]
Mobility startups in Colombia are pushing for more electric vehicles
Contxto – Mobility is one of the biggest challenges within the Latin American region. Before the Covid-19 outbreak, in Bogotá alone, Colombians completed a total of 13.36 million trips per day. The majority moving about via public transport (36 percent) and then by car (16 percent) or motorcycle (5 percent). But with the coronavirus pandemic, […]
LinkedIn’s 2020 top 10 startups to work for in Brazil
Contxto – We already talked about the hottest startups among LinkedIn users in Mexico this week. Now, it’s Brazil’s turn. Remember that, when it comes to its top startup rankings, the social network for professionals factors in variables like employee growth, jobseeker interest rates, as well as engagement levels between startups and their employees. And […]
Insurtech from Colombia (beta)
Contxto – Insurtech in Colombia has been growing continuously and steadily over the past few years. However, these insurance startups have not grown as fast as other financial services. But why do you think that is? The reason may well be because of the naturally more conservative nature of the industry. This makes giant insurance […]