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Brazil

BeGreen raises US$3 million to open more urban farms in Brazil

Contxto – Food waste is often the outcome of transporting fruit and veggies from rural areas to supermarkets and restaurants...

September 18, 2020

iFood acquires SiteMercado as e-grocery competition intensifies

Contxto – Delivery de Mercado—iFood’s marketplace of restaurants and supermarkets—grew 240 percent last August when compared to March of this...

September 18, 2020

Fintech Quanto closes US$15 million to give open banking power to the people

Contxto – Brazil will begin rolling out its open banking regulations as of next November. And as the date rolls...

September 17, 2020

Latin America’s startups are beating old and new Covid bureaucracy with legaltech

Contxto – If citizens in Latin America have a government-related issue to address, they have to jump through plenty of...

September 14, 2020

Goldman Sachs leads US$22.5 million investment in fintech iugu

Contxto – Collections departments have their work cut out for them: endless accounts and invoices to keep track of and...

September 14, 2020

Santander InnoVentures re-brands as Mouro Capital and gains US$400M for startups

Contxto – Santander InnoVentures, the investment arm of Spanish bank Santander, is undergoing some serious innovations of its own.  On...

September 14, 2020

Nubank acquires Easynvest to launch into investment market

Contxto – Freshly funded with an alleged US$300 million, Brazilian Nubank is reaching into new fintech verticals. Today (11), the...

September 11, 2020

Top 5 most innovative countries from Latin America

Contxto – There has never been a better and worse time for innovation than 2020. While Covid-19 has pushed many...

September 11, 2020

SoftBank to invest US$2 billion in Latin America in 2020

Contxto – Luis Moreno, the President of the Inter-American Development Bank (IDB) recently sat down with Marcelo Claure, CEO at...

September 11, 2020

Google to disperse US$945K for Black Founders Fund in Brazil

Contxto – The Black Lives Matter movement can be felt throughout Latin America but nowhere more so in Brazil. In...

September 10, 2020