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PORTFOLIO NEWS

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Fintech ADDI raises US$15 million through Quona Capital

1 month ago

Contxto – Funding may be tight within the current Covid-19 context, but some startups are still closing equity deals. This is fintech ADDI’s case. Yesterday (21), the loaning startup announced it received a capital injection for US$15 million in an investment round led by Quona Capital. Other contributors include Foundation Capital, S7 Ventures, as well […]

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Top 10 Venture Capital funds in Mexico

5 months ago

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 […]

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Latam’s startup ecosystem. How we got here and what’s to come, according to Polymath Ventures

5 months ago

Contxto – Last year, 11 startups from Latin America hit the US$1 billion valuation mark. And steadily, international venture capital (VC) firms are turning to this region. Examples include Tencent, Andreessen Horowitz, Sequoia, and of course, Softbank.  Many Latam startups are scaling up at a local level and even at an international scale, reaching Silicon […]

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Scoop: Cuenca the fintech for financial inclusion closed investment for US$7.4 million

6 months ago

Contxto – Mexican fintech Cuenca is closing the year on a very positive note. In a recent exclusive interview with Founder and CEO, Matin Tamizi, it was revealed that the startup raised a Series A investment for US$7.4 million last November. Stripe, the giant developer of payment APIs, led the round. Note that this was […]

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Rappi 101: A quick review of how the last-minute delivery app got to where it is

7 months ago

Contxto – Pay no heed to what seems to be Rappi’s trudge through the murky waters of controversy. On a grander scale, this last-mile delivery company’s growth strategy is going full-throttle. When it comes to rapid regional expansion and collaboration, this scaleup is queen. Not only does it continue to integrate itself with various other […]

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Latin America’s startup ecosystem is taking off, but it is not for the faint of heart

7 months ago

Guest author: Nima Pourshasb, CEO and co-founder of minu Contxto – It certainly does feel that, finally, the Latin America moment has arrived. Just this year, Latin American startups have raised US$1.6 billion, Brazilian Nubank became the most valuable digital bank in the world, and top global funds such as Softbank, QED, Sequoia and Andreessen […]

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Mercado Libre withdraws from Facebook Libra cryptocurrency initiative

8 months ago

Contxto – It appears as though Facebook is having some difficulties with its anticipated Libra cryptocurrency. Despite ambitious plans to democratize financial inclusion across the world, it’s not exactly getting the support it needs to gain momentum, especially in Latin America with Mercado Libre’s recent deviation. Recently, some of Facebook’s key partners reportedly abandoned the […]

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

9 months 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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Prothesia wins online Pioneer competition with 3D printed medical solution

10 months ago

Contxto – A medical technology startup from Mexico, Prothesia, recently won the Pioneer competition based on its 3D printed solutions for children and adults suffering from Cerebral palsy (CP). Based on the big win, the company earned funding and mentorship among groups of industry experts. These include Tyler Cowen, Marc Andreessen, Laura Deming, plus many […]

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SoftBank appraises investments in Mexican startups, Konfío and Kavak

10 months ago

Contxto – Back to the street rumors, people! If you think SoftBank has been too quiet lately, think again.  According to Reuters, several people familiar with the group recently learned that the Japanese conglomerate is holding advanced investment talks with two Mexican startups: Konfio, the fintech company, and Kavak, a second-hand car marketplace are the […]

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