Flat

Contxto – Any startup that works with the real estate process of iBuying will burn through money quickly. As a result, they’re highly reliant on equity capital or financing to get their projects off the ground.  To that end, proptech Flat.mx recently raised US$25 million in debt financing through Arc Labs. The money will serve […]

Contxto – Even the best-intentioned public policy can fall a little flat. Case and point is Mexico’s mobile payment platform, CoDi. The government launched this system in September of last year and an initial survey showed many users didn’t even know what CoDi was. I’m sure you know, but just in case: It is the […]

Contxto – We know d-Local and PedidosYa are some of the most funded startups in Uruguay, but they’re not the only companies with real value in the country.  I feel like Uruguayan startups are like hidden creatures, but once you spot them, you start discovering more and more. Therefore, I searched far and wide, meditated […]

Contxto – Cryptobuyer may be based in Panama, but its presence is ever-growing in Venezuela. Last Friday (8) the cryptocurrency startup announced a strategic partnership with Mega Soft, a Venezuelan company that develops payment processing solutions.  Through this collaboration, vendors that use Mega Soft’s “Merchant Server” platform can choose to accept payments in the form […]

Contxto – Couriers for Rappi, Uber Eats, and Glovo have a bone to pick with their respective food delivery platforms in Argentina. And they let them and the country’s Ministry of Labour Employment and Social Security know last Friday (8) when they hit the streets in an organized protest.  These deliverers asked for better salaries […]

Contxto –  Hyperinflation in Venezuela dampens the value of the remittances many households receive and greatly rely on, since, usually when Venezuelans from abroad wire funds to them and they’re withdrawn, they are converted into bolivars. So depending on how much time has elapsed between receiving the money and it actually being withdrawn to buy […]

Contxto – Mexico-based venture capital (VC) firm, Mountain Nazca, announced its exit from used car marketplace, Kavak. Yesterday (28), the VC stated in a press release that its stake in the startup was bought by SoftBank. Moreover, sources report that General Atlantic also bought some of the Mexican VC’s shares. Back in 2016, Mountain Nazca […]

Contxto – It’s official: as of last week we implemented home office at Contxto. Fortunately, we’ve worked from home every Thursday since we launched last year, so we already know how to operate seamlessly without having to be physically near each other. Not everyone will have the same luck though. For this reason, many Latin […]

Contxto – What’s the difference between a good company and a great company? Mountain View-based accelerator, Y Combinator knows what success looks like. At least, that’s what it seems like when looking at the more than 2,000 companies in its portfolio. I never cease to be amazed by the ventures I see day by day […]

Contxto – As promised, I’ve sat myself down in front of my computer, dusted off my notes, and am now trying to make sense of what The Economist Event’s Finance Disrupted Latam actually meant. Overall, I liked it. I liked it a lot. It was interesting to see lots of players in an ongoing revolution […]