In 2016, global risk funds invested US $ 500 million in the continent. The figure amounted to US $ 1,140 million in 2017 and the amount soared to US $ 1,980 million in 2018. As if this were not enough, last month the Japanese conglomerate SoftBank Group Corp announced that…
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To achieve digital transformation and innovation in Latin America comes the first version of Digit Latam, the event that aims to integrate and unify the corporate world and startups in a single platform. According to Ariel Valverde, regional director of Digit Latam, this first event aims to provide executives and…
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Blended from Argentina, QuePlan from Chile, Doctor Online from Guatemala and RebajaTusCuentas.com from Peru reached the final of the Seedstars world competition. Who says that in Latin America there is no talent? Four teams from the region were among the 12 finalist startups of the sixth edition of Seedstars Summit…
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Federico Hernández de Blended received 500 thousand dollars of investment when he beat 64 startups from around the world. Latin America united! Federico Hernández from Argentina was the winner of the first place in the Seedstars contest for his Blended startup that connects parents with their children’s schools and between…
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Mexican crypto-exchange Bitso recently reported that remittance rates through cryptocurrencies are on the rise. According to the startup’s founder, Daniel Vogel, within the last six months, the use of digital currency sent from Mexicans to loved ones back home has increased at a rate of 15 percent. Last week’s transfer…
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Raising startup funding in Latin America is hard, but it is getting easier. In the first half of 2019, VC investment in Latin American startups totaled US$2.6 billion, according to LAVCA. That compares to just under US$2 billion raised in all of 2018. Capital is flowing into Latin America, and…
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Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá,…
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Startup Grind is a community whose focus is to sophisticate the founders in order to build the next 10 largest companies in Latin America by 2030. It all started 8 years ago Pablo Lascurain was already a serial entrepreneur, had sold three traditional companies and sought to make a fourth…
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Large companies in Latin America are not innovating enough and are lagging behind compared to those of the rest of the world, and Startups are taking a hard field. Companies in the region are 20% less likely to introduce a new product compared to those operating in other developing countries…
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Key facts: Non-residents in the US UU. Now they can access the debt markets in dollars. The platform allows to generate 6.2% interest on deposits in Bitcoin Latin America is debating economic problems. In recent months, a week has not passed without a new political fire in the region. The…
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