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SoftBank-backed Ualá makes international debut with Mexico
Contxto – For the first time ever, Ualá is scaling beyond its native Argentina. Rumors floated around last week that the fintech would launch into Colombia, but alas that wasn’t the case. Today (29), Ualá announced it’s expanding into Mexico. “We launched Ualá in Argentina three years ago with the purpose of making personal finances […]
Tourism is dead, long live travel! How wanderlust just got a whole lot better
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. powered by Typeform Contxto – Covid-19 crippled an entire industry in a way no Trump tweet or Kylie Jenner Insta-story could’ve ever done. There are now two […]
LinkedIn’s 2020 top 10 startups to work for in Mexico
Contxto – Tech companies in Latin America compete not only to obtain a larger market share and investments. Attracting and retaining the best talent is also a key ingredient to success. And this week, LinkedIn published its ranking of top startups that people want to work at in Mexico. LinkedIn crunches through a lot of […]
Albo empresas is this fintech’s secret weapon into the B2B world
Contxto – Mexican fintech, albo, is all in. Though the startup is best known for its banking app for individuals, it’s been quietly rolling out a new service to help businesses too: albo empresas (“businesses,” for those of you whose Spanish is on the rusty side). The startup launched it in January of this year, […]
There is one great equalizer for challenger and neo-banks in Mexico
Today we had our Morning Coffee with Sam Garcia, Senior Associate at Amplo—a venture fund Contxto – It is estimated that 42 million Mexicans are unbanked and that millions more are “underbanked”, meaning that they have a bank but it does not offer mobile services, or are just generally unhappy with their current banking situation. […]
Mexico’s challenger and neo-banks. Do you know the difference?
Contxto – I’ll confess I didn’t until quite recently. And I don’t blame you if you’re not exactly clear as to the difference between a neo- and a challenger bank is. Often the terms are used interchangeably. We thought we’d help to clarify a bit by rounding up these cream of Mexico fintech in a […]
Nubank wants you to know its newest credit card is really, really Mexican
Contxto – Nubank is a Brazilian neo-bank giant. It claims to be not only the biggest credit provider in Latin America, but rather one of the biggest worldwide. It certainly has the numbers to prove it, with over 22 million customers under its belt. However, on launching its credit card in Mexico, the fintech titan […]
Mexico’s Stori is the latest neobank to cash-in, US$10 million in Series A2
Contxto – It’s that time of the year again! Another Mexican neobank has raised funding. According to a PR Newswire press release, Mexican mobile-only neobank, Stori, has concluded a US$10 million Series A2 round. A2? I swear I thought that was either an Audi or a steak sauce. Anyways, moving on. The investment was co-led […]
The Ultimate Guide to Venture Capital in Mexico [Updated 2020]
Contxto – There is another, less explored, facet of the startup equation. Indeed, no idea gets far without the money to do the walking. This is where venture capitalists (VCs) come in. And as one would expect, Venture Capital in Mexico and the rest of Latin America is no exception. Oft the mighty presences behind […]
The Economist wants you at Finance Disrupted LATAM to plot the fintech revolution
Contxto – Full disclosure: I love The Economist. When I need crisp and intelligent analysis on what’s going on in the world, I rarely turn elsewhere (other than Contxto, of course). It is truly essential reading. But, all gushing aside, Contxto’s tech radar started going berserk when it detected that our world and that of […]