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PORTFOLIO NEWS

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5 fintechs accused of taking advantage of elderly and poor in Argentina

3 weeks ago

Contxto – Ohhhh, somebody is in trouble. Actually lots of somebodies.  This week the Argentine government announced legal action is being taken against a group of fintechs. Their names: Smart Cash, Punto Click, Patagonia Cred, Efectivo Urgente, and Wenance. And the accusations are big: misuse of information, excessive fees, and fraud. The majority of the […]

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Top 5 Venture Capital funds in Argentina

3 months ago

Contxto – If Chile’s venture capital (VC) scene is crowded for such a small country, all while keeping swift and nimble—as we saw in last week’s VC ranking—, then this week’s featured country packs a punch with a just handful of players.  Related articles: Top 7 Venture Capital funds in Chile The financial and economic […]

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Google’s Launchpad Accelerator for Latin American startups winds down in Miami

5 months ago

Contxto – In Miami, Google alongside TheVentureCity are wrapping up Launchpad Accelerator, a program for Latin American startups. During the event 19 startups from 10 countries will exchange experiences and meet with various investors. Startups party with Google and TheVentureCity in South Beach Launchpad Accelerator kicked off in Mexico City from April to June of […]

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Blockchain masters BLOQS4 and GTD combine forces to transform the Chilean mining industry

5 months ago

Contxto – From salmon to mining, BLOQS4 is progressively transforming quintessential Chilean industries to adopt blockchain technology. This time around, the startup has partnered with the telecommunications company GTD to apply this emergent digital set of tools to Chile’s mining sector.  Like other blockchain initiatives, the aim is to improve out-dated processes while increasing competitiveness […]

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Argentine province of Río Negro links up with Os City to launch regional blockchain lottery pilot

5 months ago

Contxto – Argentina continues to place high bets on blockchain as the Río Negro Lottery will implement the dawning technology in a pilot for streamlined administration and optimal security.  Keep in mind, this blockchain collab with Os City won’t apply to slot machines or direct financial transactions in this Northern Patagonia province, but rather behind-the-scene […]

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BLOQS4 and Telsur collaborate to introduce blockchain technology to Chilean salmon industry

7 months ago

Contxto – Not even Chile’s multimillion dollar salmon industry is immune to the disruptive blockchain revolution. Just this week, Chilean IT company BLOQS4 and telecommunications firm Telsur joined forces to introduce blockchain technology to national salmon companies. Transparency, reliability and conservation For optimization and effective management purposes, the project intends to make the sector more […]

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Plug and Play to launch new Latin American program

10 months ago

Contxto – The renowned Silicon Valley fund, Plug and Play, will launch a new Latin American fund with an interesting focus on universities. Frat boys and sorority girls, lose your charity buckets and go get some Patagonia vests. In Summary According to a person familiar with the matter, PnP is working on establishing yet another […]

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Is Walmart’s rejection over acquiring Cornershop that bad after all?

11 months ago

Contxto – By now we should all know the story. If you don’t, perhaps you’re not reading enough tech gossip from us. Anyways, here’s the run-down. After Mexico’s Federal Economic Competition Commission (Cofece) refused Walmart’s acquisition of Cornershop for US$225 million, you could smell disappointment from Tijuana to La Patagonia. It was as if the […]

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9 Chilean startups developing eco-friendly products

11 months ago

Contxto – The environment comes to mind whenever I think about Chile. From the San Pedro de Atacama Desert, Patagonia, Easter Island, even to the rainy temperate rainforests of Valdivia; everything about this country exudes natural beauty. This is why I am so pleased to discuss these nine Chilean startups developing technology to conserve natural […]

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Google finances optical fiber cable from California to Chile

1 year ago

Contxto – Google recently funded the construction of a 10,000 km submarine cable linking California to Chile. Since wrapping up on April 23, this is the latest development from the multinational tech company’s US$47 billion budget to bolster cloud computing infrastructure. In Summary Dubbed as project “Curie,” the massive optical fiber pipeline links the Equinix […]

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