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Tag: latin america

Latin America: Crypto-remittances are rising

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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The pitch decks of 20 Latin American startups that raised over US$1 million

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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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

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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Meet the community that seeks to build the next 10 ‘unicorns’ in Latin America

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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Development of startups in Latin America and how they solve key problems

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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BlockFi will allow Latinamericans to apply for loans and earn interest with cryptocurrencies

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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The legal environment in Latin America needs to be renewed to attract investors

Despite its great potential and wealth of commodities, Latin America needs to move forward to facilitate controls and reduce bureaucracy to attract more investment, a task that Brazil has been trying to meet this year’s new reforms, Luciana M. said. Cossermelli Tornovsky. The lawyer spent the last 18 months preparing…

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What conditions does Softbank put to invest fresh dollars in a company, a project or startup?

The Japanese giant that created a US $ 5,000 million fund for Latin America requests some requirements before continuing to bet on ventures SoftBank, whose US $ 5,000 million fund for Latin America is bringing unprecedented resources to new companies in the region, is also courting venture capital funds, an…

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Expanding the business: The startup panorama in LatAm

Ten Colombian digital companies will go to Mexico and Peru for an exploratory mission in order to expand their business internationally between November 11 and 16. This trip is part of the Apps.co Digital Business Expansion Program, a program of the Ministry of Information Technology and Communications (MINTIC) that promotes…

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How Latin American startups are following the example of China

There are more than 30 countries around Latin America, and the population now exceeds 600 million, and continues to grow. This diverse region is also the second fastest growing mobile market in the world, behind sub-Saharan Africa. With more than 200 million smartphone users, new technology companies in Latin America…

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