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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 […]
Flapper to scale marketplace for private flights in more of Latin America
Contxto – While many commercial airlines around the world are filing for bankruptcy, Brazilian Flapper and its marketplace of executive chartered flights are faring well. The startup for private aviation told Contxto that after four years of operations, last June it experienced a positive income flow for R$60,000 (~US$11,000). Flapper also reported that sales have […]
Despegar wants to take flight with US$200M investment and fintech acquisition
Contxto – Has the time come for travel platform Despegar to take off again? Today (21), the publicly-traded company presented its second-quarter financial results. Consequently, it disclosed the acquisition of Brazilian fintech Koin as well the fact that it raised US$200 million. The company will use the funds—procured via separate private-equity dealings with Waha Capital […]