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Mercado Libre, now Latam’s most valuable company, reaches US$60B market cap. Opportunity or overhype?
Contxto – If you think either Petrobras, América Móvil, or even Walmex is Latin America’s largest company, think again, my friend. Mercado Libre, Argentina’s dearest tech company has seen its stock surge in the past couple of weeks, mainly due to people’s reliance on its e-commerce and payment platforms, which seem to be contingency-resistant. According […]
Mercado Pago launches POS terminal, Point Plus for SMEs
Contxto – It was only a matter of time before Latin America’s biggest e-commerce marketplace updated its POS credit card machine. Last Tuesday (14), Mercado Libre’s fintech arm, Mercado Pago, presented “Point Plus” a payment terminal for businesses. This device has all the features you’d find on a typical terminal: Receipt printing and a reader […]
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 […]
RSK acquires Taringa!, plans to launch crypto-wallet for social media users
Contxto – Yet another acquisition has transpired in Latin America, this time involving the Argentine social media platform, Taringa!. Recently, RSK acquired the company and gained access to the platform’s 30 million users. With this transaction, RSK intends to promote its RIF token to Taringa! users. Moreover, it plans to experiment more with decentralized blockchain […]
Cirsys from Peru uses social robot IRBin to educate people about recycling
Contxto – Humans may not be the most intuitive recyclers. No matter how many times you demonstrate how to separate organic from inorganic waste, or even glass from plastic, people seem to forget. Perhaps robots will yield better results. At least that is what Cirsys is trying to accomplish in Peru with IRBin. Recycling robot […]
18 fintechs in Chile transforming the financials industry
Contxto – Do you know what biologists say about ecosystems? That the more biodiversity there is, the healthier the ecosystem? Well, if fintech in Chile was one big lush tropical rainforest, it would be booming with diversity. Not necessarily insects, plants or mammals but financial technology startups. The following 18 startups are some shining examples […]