Frubana

Today’s Soapbox opinion was written by Jia Li Tan, an Investment Professional at ALLVP. Contxto – On September 16, Mexicans around the world celebrate “Día de la Independencia”; the anniversary of the country’s independence from Spain.  It is the day when the whole of Mexico celebrates and takes a day off work. It was on […]

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 […]

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 […]

Contxto – The government in Bogotá wants to put together a dream team of tech entrepreneurs and experts. Not to build a government-funded “super app” or anything like that. Rather, the authorities want to build a specialized committee to stimulate Colombia’s tech talent and boost its startup ecosystem. For that, Karen Abudinen, the Minister of […]

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Frubana has been rushed off its feet recently. Now it’s got the cash to super-charge its operation right when they need it the most.  In a minimalist press release stated simply that Frubana had: […] closed a US$25 million Series A led by GGV and Monashees and with participation from […]

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – This is a battle royale like none other. Last-mile delivery apps are used to duking it out over consumer markets. It’s a fencing duel they’re well versed in.  But with the ongoing pandemic and incoming economic crisis, this is now a duel they are fighting with one arm behind their […]

Contxto – Countries are keen on using their most famous citizens to promote their image abroad. Sometimes it’s to show they’re a culturally rich country. And on other occasions, it’s a matter of drawing foreign direct investment. And that’s just what Colombia is trying to do. So alongside artists like Piso 21 and Sebastián Yatra, […]

Contxto – Colombian fintech startup Simetrik recently received a capital injection worth US$1.7 million from Mercado Libre to upgrade its services. Needing a partner to facilitate reconciliations, the Argentine unicorn paired up with the startup to serve as its payment gateway for all Mercado Pago transactions. As the number of daily transactions will increase from […]

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Contxto – There’s a new food initiative combining e-commerce and agrotech in Colombia, and its name is Waruwa. Within five months, the startup has already registered over 1,000 food producers, according to a recent press release.  In the process, restaurants, schools, and retailers in five Colombian cities are benefiting from the solution. So far, the […]