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Stone proposes to develop business owners. Yes, after a first handshake and mutual knowledge, our first offer is our little machine. But we go beyond, always: - We develop our own relationship, focused on understanding customer needs and providing advice to them. - We use efficient logistics, independent of post office and with records of delivery time.
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Mercado Libre to disperse US$27.1 million for new distribution hub in Mexico
Contxto – Latin America’s biggest marketplace continues to lay down its logistics infrastructure. It was recently unveiled that Mercado Libre plans to disperse US$27.1 million for a new warehouse and distribution center in the state of Jalisco, Mexico. The project will lead to creating 3,500 direct jobs at a time where unemployment is rising. It […]
Nubank buys US-company, launches products, and… raises Series G?
Contxto – Nubank is the world’s biggest challenger bank in the world. So, perhaps we shouldn’t be surprised that the company is doing big things all over the place. However, I don’t believe in coincidences, so let’s have a look at what Nu’s been doing over the past week. A first international M&A for Nubank […]
ComunidadFeliz raises US$2 million investment to keep people from killing their condo admins
Contxto – ComunidadFeliz, a Chilean startup, just raised US$2 million in order to help condominium administrators keep their tenants’ and landlords’ financial peace of mind. As the old Mexican adage says “Cuentas claras, amistades largas”. Not to say that those loud neighbors of yours are your friends, but perhaps not your enemies, I guess? The […]
To save its personal trainers, Gympass launches virtual services in Mexico
Contxto – In many places, gym doors remain closed. But startup Gympass is finding more ways to expand its virtual services as users self-isolate. Besides offering online classes, it’s also added nutritional consulting, as well as remote therapy through Zenklub. More recently, it added personal trainers to improve the experience for users in Mexico. Correspondingly, […]
Burn to Give raises Series A for US$8.5 million to scale
Contxto – Chilean insurtech Burn to Give is giving the Latam ecosystem plenty of reasons to celebrate. On Saturday (18), the startup announced it closed its Series A for US$8.5 million. Investors included Albatross Capital, Grupo Prisma, and Norwegian Katapult Impact. Angel investors from J.P. Morgan, Endeavor, among other organizations also pitched funds. Burn to […]
Scoop: LAIKA raises US$5 million to scale e-commerce platform for pets
Contxto – Colombian startup LAIKA is like a dog with two tails right now. Its platform for pet products and services has been growing in recent months and it’s drawn the necessary investment to keep up its momentum. LAIKA Co-Founder and CEO Camilo Sánchez recently told Contxto in an exclusive interview that the startup had […]
Cryptocurrency startup Bitso officially has over 1 million users
Contxto – Mexican Bitso has been in a celebratory mood as of late. But, who wouldn’t be once you hit a big milestone? This week, the startup announced it has over one million users registered for its cryptocurrency platform. So what’s behind the abundance of Bitso users? A market that’s steadily catching onto cryptocurrencies and […]
The Ultimate Guide to Venture Capital in Brazil 2020
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 […]
Foodtech remotekitchen shows that only a certain kind of digitalization will save restaurants
Contxto – Ask any restaurateur across your city and you’ll definitely be able to see the anxiety in their eyes. The industry has definitely been hit hard by the now-infamous novel coronavirus. remotekitchen, a Mexican foodtech, is enabling restaurant owners to run their businesses using nothing but their smartphone. And I truly mean “running” in […]
CargoX raises US$2.8 million to fuel trucking companies with working capital
Contxto – Earlier this year, logistics startup CargoX stated that it wanted to finance more transport companies in Brazil. To that end, this it recently raised R$15 million (about US$2.8 million) through Pattac Empreendimentos e Participações to procure small and medium-sized trucking businesses with working capital. In April the “Uber for trucking” startup had closed […]