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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 […]
Watch out Nubank? Ank marks Itaú’s foray into fintech
Contxto – Itaú, Brazil’s second-largest bank, has ventured into the world of fintech with its launch of an app called Ank. The goal of the app is simple: trying to help consumers keep track of their various bank accounts in one central location. The idea is that Ank is a consumer’s first port of call […]
What are the ground rules for competing after Covid?
Today’s Soapbox opinion was written by María José Contreras de Velasco, who is charged with promoting a culture of competition from COFECE. Contxto – The health crisis caused by Covid-19 has forced us to reinvent our habits. We now buy our groceries, exercise, take classes, and work, all without leaving home. As we adapt, companies […]
Pachama closes US$5M to build carbon neutral companies with AI
Contxto – Argentine sustainability startup Pachama is reeling in US$5 million to help more companies reduce their carbon footprint with its AI platform. It had already closed US$4.1 million in January of this year. Pachama seed extension amid pandemic Startups in telemedicine and e-commerce have been greatly boosted by the Covid-19 outbreak. They’ve even closed […]
AI startups from Argentina (beta)
Contxto – Argentina is the third best-ranked country regarding its Artificial Intelligence (AI) policy and strategy implementation in Latin America. It is surpassed only by Colombia and Costa Rica. Nevertheless, in the realm of private enterprise and AI startups, Argentina is second to none. Not only is the diversity of its solutions impressive, but the […]
Beyond wants you to see more Teslas on the highways of Mexico
Contxto – Chances are you won’t see any electric cars if you ever find yourself driving through the highways of Mexico,. The fact that there’s a limited amount of fast-charging stations probably deters owners from taking them out for a spin on the open road. The largest fast-charging network was set up by BMW in […]
EBANX’s Leve to connect e-commerce US vendors with Brazilian consumers
Contxto – Whaddya get when you cross a fintech unicorn with a large e-commerce market? An international logistics company. Enter Leve Express, EBANX’s logistics arm. The parent company initially released Leve to connect Chinese vendors with Brazilian consumers in February of this year. But yesterday (20), EBANX announced its launch into the US market. For […]
Mercado Pago launches POS terminal, Point Plus for SMEs
Contxto – It was only a matter of time before Latin America’s biggest e-commerce marketplace updated its POS credit card machine. Last Tuesday (14), Mercado Libre’s fintech arm, Mercado Pago, presented “Point Plus” a payment terminal for businesses. This device has all the features you’d find on a typical terminal: Receipt printing and a reader […]
The Ultimate Guide to Venture Capital in Brazil [Updated 2020]
Contxto — The private equity sector has been progressing rapidly in Brazil. With economic stability firmly established, dropping interest rates, and low country risk, the local market is already an attractive option for venture capital in Brazil. However, storm clouds gather ahead. Brazil was going through rough economic waters even before the Covid-crisis. We shan’t […]
Third time’s a charm? Delivery workers in Latin America organize strike
Contxto – Once again food delivery platform couriers on strike. Little over a month ago they’d protested and orders on apps slowed with less workers available to take up orders. Couriers from Costa Rica, Guatemala, Brazil, Mexico, Ecuador, Chile, and Argentina were called today (1) to cease operations and hit the streets to challenge the […]