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Contxto is the prime website for Latin American tech and startup news. Providing content in both English and Spanish, Contxto covers all-things startups in Mexico, Brazil, Colombia, Argentina, Chile and all other Latin American countries.
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Mozper brings home digital banking for parents & kids in Latin America, Raises $3.55M in Seed Round
Contxto, With the idea of introducing youth to digital banking and offering exposure to managing finances at a young age, Mozper launched a debit card and app designed especially for kids and parents in Latin America. With a $3.55M closure in seed round, this fund raise was led by Hetz Ventures along with the other […]
Education group Afya purchases iClinic for US$32.9 million
Contxto – Afya, a group that focuses on health education, announced on October 13 the purchase of iClinic, a healthtech company, for R$182.7 million (US$32.9 million), which was bought with 61.5 percent cash and 38.5 percent in Afya shares. Helping the medical community With this new acquisition, the group will offer different services to doctors, […]
Elenas raises US$2 million to empower door-to-door saleswomen in Colombia
Contxto – Startup Elenas just raised a seed round worth US$2 million to bring empowerment, ownership, and a better quality of life to women in Colombia. The investors in this round were Alpha4 Ventures, Amador Holdings, Polymath Ventures, and Meesho. They’ll use the investment to continue expanding through their native Colombia and the upcoming years […]
Fintech Quanto scores US$15M with Brazil’s largest banks
Contxto – The Brazilian Fintech Quanto just raised US $15 million with Itaú Unibanco and Bradesco: The two largest banks in Brazil. Not satisfied with bagging these major financial institutions when it comes to banking, Kaszek Ventures and Coatue—both VCs—also pitched some funds for this investment round. While Itaú Unibanco’s contribution happened as a direct […]
Puerto Rican project chosen for Google News Lab Boot Camp
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 […]
Can spacetech truly take off in Latin America?
Contxto – On October 9, 2020, the Mexican government took a break from its regularly scheduled Earth-bound matters to make an announcement that took many by surprise. Latin America was launching a unified regional Latin American and Caribbean Space Agency (ALCE, as it is known in Spanish). The landmark agreement was signed alongside Argentina, making […]
Here’s the strategy founders are using to boost customer trust (and sales)
Contxto – As the founder of a startup in practically any sector, you may never have heard of licensed content. Yet, licensed content for startups could well be your secret weapon to closing sales, optimizing ROI (return on investment), and building your brand’s credibility. Although the concept of licensing written, audio, video, and photographic material […]
Chile recognized as solar energy powerhouse as Sunai wins Platzi Demo Day
Contxto – A new solar energy startup has joined the major leagues in Chile’s increasingly influential renewable energy sector. In the ranks of great companies like Inti Tech and Belinus, Sunai—a new solar power generating company—has just won big in Demo Day Platzi. Sunai is a platform that manages solar energy by collecting real time […]
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 […]
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 […]