Rappi

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 […]

Contxto – Returning to normal after the pandemic will look pretty similar to the employees of Rappi who will now adapt to home office as a regular occurrence. Home office was not foregin to these employees who were used to a hybrid way of working. This meant some days they would go to the office […]

Contxto– Sabrina Sepúlveda, a Chilean scientist, has created a mobile kit for detecting Covid-19 by means of artificial intelligence (AI) technology. The kit uses an algorithm that, in combination with the patient’s symptoms, helps identify if there is a risk of infection prior to a PCR testing, the standard procedure.   As of October 2020, two […]

Contxto – RobinFood, parent company of Colombian foodtech brand MUY, has landed US$18 million of debt financing from Miami-based MGM Innova Group. This brings RobinFood’s total funding up to US$36 million thus far. The name of the game for RobinFood is to disrupt how food is delivered across Latin America. The company’s model is centered […]

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 […]

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 […]

Contxto – MUY is hungry for growth. The startup closed US$15 million almost a year ago, launched into Mexico, and then opened its first contactless restaurant in its native Colombia in early August. And in a recent interview, MUY unveiled its plans to disperse US$18 million for operations in Mexico.  Specifically, US$3 million are tagged […]

Today’s Soapbox opinion was written by Daniela Arias, co-Founder of Naranja Media Podcast and Empréndete Contxto – While many of us would like to be the next Steve Jobs, Jeff Bezos, or Mark Zuckerberg, the behind the scenes story of how a startup became a great company cannot be further from those first impressions of […]

Contxto – Food delivery startups are always up to something in Latin America. Yet, Venezuela is the one country that’s often sidelined from these developments. Mainly due to its internal instability. But for former Postmates director, Vicente Zavarce, there is major potential in his home country. And so, with the goal of bringing a tried-and-tested […]

Contxto – With Latin America growing as an important axis for the entrepreneurship ecosystem, hardly a day goes by without a breaking news story about a regional startup funding round. And even more frequently, new unicorns in Latam. At Contxto, we’re always trying to showcase what’s going well in Latin America. With the same purpose, […]