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Rappi Founder and Softbank Partner join with entrepreneurs for Latam Covid-19 fund, IMPACTO
Contxto – Latin America is currently the epicenter of the Covid-19 pandemic. Mexico and Brazil are now reporting more daily deaths than any other country in the world except the United States. Understanding the gravity of the situation, startups have already stepped into the breach to make up for lacking services—and lost time—in order to […]
Soapbox: Contxto’s opening a Latam ecosystem guest column with your name on it
Contxto – In London’s Hyde Park there’s a place called the Speakers’ Corner. There’s nothing physically too distinctive about it, but it has become hallowed ground, a place where people from all walks of life can express their opinions freely. The world has grown and the internet has become a sort of Speakers’ Corner for […]
Startup with roots in Costa Rica putting AI into an electric motorbike
Contxto – Based in Madrid, but with Costa Rican origins, OX Riders is one hell of a cool startup. The post-pandemic world is urging us to change several habits that were crucial and rigid parts of our lifestyles; transportation being one of the many. In a region where long commutes and crowded public transport vehicles […]
What makes a delivery app like Rappi successful in Latin America?
Contxto – The Colombian delivery app, Rappi, is making headlines for many reasons. Whether because it raised US$1 billion in funding from SoftBank or because of their booming footprint, this on-demand delivery platform is setting an example for a new generation of entrepreneurs. Undoubtedly, Rappi has taken Latin America by storm. It is a very common sight […]
Put away my phone? I’m afraid I literally can’t do that
Contxto – Are you familiar with the term Nomophobia? It is the fear of being without a or beyond contact with a mobile phone; No-mobile-phone-phobia. It has been lurking around for the past 10 years but only recently has become an official “named phobia”. It is a world-wide tendency with a big presence in Latin […]
Chivas Regal goes full-Communist as Covid-19 cancels startup contest
Contxto – OK, “full-Commie” may be an exaggeration, but there is some serious egalitarian redistribution going on at this year’s Chivas Regal’s The Venture competition. Competing startups have been summoned to last orders earlier than planned. All 26 finalists, including six Latin American startups, have been informed that the contest would be coming to a […]
There will be more Chilean startups in the fintech world thanks to Endeavor
Contxto – Last Friday the 13th was a lucky day for five startups that were chosen for the “Endeavor Scale Fintech,” an acceleration program in Chile. It’s the first time that Endeavor, a global network for helping entrepreneurs, launches such an initiative in this Andean country. Organizers received nearly 40 submissions among which the fabulous […]
Cooperation between Latam’s Pacific Alliance and the Arab GCC opens the door to global startup expansion
Contxto – Regional development funds are all the rage. As one of the more open and forward-looking multi-country groupings around, it shouldn’t come as too much of a surprise that the Pacific Alliance’s Angel Ventures is on the warpath to both stimulate startups in its member States and stimulate accords with other regions around the […]
E-motorcycle startup, Voltz, expands further into Brazil
Contxto – Move over electric scooters cause here comes… the electric motorcycle? Next month, it’s expected that Voltz, a Brazilian electric motorcycle startup, will expand its physical presence into São Paulo. Its first store opened in Recife, in November of last year. What’s behind the bike? Voltz’s motorcycles run at a top speed of 60 […]
Brazilian Fielo raises US$7 million for its Salesforce-native platform to manage customer loyalty programs
Contxto – Fielo—loyalty and incentives management application from Brazil—received US$7 million in funding in its recent round from Lorinvest and Confrapar. The startup plans to further expand into the United States and Brazil. Competition is thick in all industries; that’s just a fact of business. However, building customer loyalty is increasingly in the limelight. This […]