David Arana





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NEWS

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Fintech Konfío and Visa team up to offer SMEs credit card

8 months ago

Contxto – Mexican fintech Konfío is confident that it can help small and medium-sized enterprises (SMEs) access financial services that traditional banking has long often denied them.  And in partnership with Visa, the startup has it’s taken a step in that direction with the launch of a credit card for SMEs. According to a recent […]

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LinkedIn’s Top 10 startups to work for in Mexico and Brazil

1 year ago

Contxto – The latest indicator that startups are taking Latin America by storm is a recent LinkedIn study. Since the social networking website operates in over 200 countries with more than 645 million business-savvy users, this past weekend it released its list of Top Startups where subscribers aspire to work in Mexico and Brazil. “These are […]

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Konfío receives US$100 million credit from Goldman Sachs

1 year ago

Contxto – While Konfío recently partnered with Facebook, not to mention Kueski’s latest round, there’s a lot to talk about when it comes to Mexican microloan startups. Especially regarding Konfío, this has been an eventful week for the company. This time around, it has opened a US$100 million secured credit facility from Goldman Sachs. Loans […]

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Konfio and Facebook launch new joint initiative to help SMEs

1 year ago

Contxto – Time for another interesting partnership. A couple of months ago, Facebook partnered up with Platzi in order to grant 1,000 scholarships to aspiring developers. Now, it’s back again. Along with Konfío, it’ll seek to help out founders’ and SMEs’ financial health. The Purple Room Konfío is a Mexican startup that offers online working […]

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Konfío partners with Paypal to enable small business loans

1 year ago

Contxto – Getting access to credit is a serious challenge for most small and medium-sized businesses. Not only do they enforce aggressive loan conditions but also notoriously long wait times for approval. For this reason, Paypal partnered with Konfío, a Mexican platform that assesses creditworthiness in a matter of minutes and facilitates the overall process […]

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SoftBank’s Latin America fund will decide the future of fintech

1 week ago

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. Contxto—Politics, football, and Tesla’s current stock price all have one thing in common with SoftBank—Latin America’s largest foreign investor—; you should never mention them in conversation unless […]

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Fintech was about going digital, why are challenger banks addicted to plastic cards?

2 weeks ago

Contxto – Some might think that the story of fintech in Latin America is that of an underdog: A rebellious bunch of disruptors playing by their own rules and trying to conquer a game as old as time. However, the most recent strategy adopted by challenger banks doesn’t portray them as dissidents – in fact, […]

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Some big names are partnering with lending fintechs in Latin America

4 weeks ago

Contxto – Latin America is filled with fintechs who have eyes on the ground and tech to identify users and businesses that are eligible for a loan. That helps explain why some of the world’s biggest companies have been forging partnerships with these startups recently. Last Monday (21), Uber Eats announced that it will be […]

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FreshBooks acquires invoicing platform Facturama to grow in Mexico

4 weeks ago

Contxto – Toronto-based FreshBooks wants to consolidate its presence in one of Latin America’s biggest markets. Through its acquisition of Facturama, the accounting software company hopes to connect with small and medium-sized enterprises (SMEs) in Mexico. The deal was announced on Tuesday (23) and the Facturama team—including its co-founders—will now work under the FreshBooks name. […]

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LinkedIn’s 2020 top 10 startups to work for in Mexico

1 month ago

Contxto – Tech companies in Latin America compete not only to obtain a larger market share and investments. Attracting and retaining the best talent is also a key ingredient to success. And this week, LinkedIn published its ranking of top startups that people want to work at in Mexico.  LinkedIn crunches through a lot of […]

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Oyster snags historic seed round to bring financial services to SMEs and freelancers

1 month ago

Contxto – Mother of pearl! Fintech Oyster is raising one of Latin America’s biggest seed rounds yet. Today (10) the startup announced it snagged US$14 million in a round co-led by SV Latam Capital and Monashees. Fintech Collective, Kevin Efrusy, Redpoint eventures, S7 Ventures, and Ulu Ventures also pitched funds. Fintech Oyster adds speed for […]

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How Latam startups are saving local corner shops

2 months ago

Contxto – No neighborhood in Latin America is complete without at least one corner store. Or tienditas, as we call them in Mexico or tiendas de barrio or bodegas in other parts of the region. For kids, they’re the perfect place to grab a snack after school. For households, it’s a strategic place to obtain […]

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Visa Everywhere Initiative to disperse US$50,000 among startups that help SMEs

4 months ago

Contxto – Visa and Finnovista have teamed up to launch the fourth edition of the Visa Everywhere Initiative (VEI) for Latin America and the Caribbean.  This time around, Visa is looking for startups that offer solutions that can help small and medium-sized enterprises (SMEs) take the path to economic recovery. Likewise, judges want applicants that […]

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Kavak sees a new market opportunity for used cars within Covid-19 context

4 months ago

Contxto – A global pandemic isn’t putting the brakes on Kavak, a platform for used cars. In fact, the Mexican startup has recently launched a series of products that address the current circumstances and turn them into promising opportunities. It even opened offices in Guadalajara, Mexico. Car sales on hold? It’s easy to assume that […]

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Founders Fund and Kaszek Ventures invest US$10 million in Belvo

4 months ago

Contxto – Today, Belvo announced it raised a US$10 million investment through Founders Fund and Kaszek Ventures. The startup will use the money to develop its API platform for fintech products. To that end, it will be tripling the size of its 25-person team for its offices both in Mexico and Spain. Belvo also plans […]

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