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Deals

Femsa acquires 30 percent of payment startup, Shopnet

Contxto – Last Monday, Femsa announced that it’ll be purchasing a 30 percent stake of Shopnet for an undisclosed amount....

March 6, 2019

Mexican neo-bank, Fondeadora, nabs US$1.5 million from IGNIA Partners

Contxto – Imagine a world where all of your banking needs can be fulfilled from the palm of your hands....

March 5, 2019

Jeff Bezos and other funds to invest US$30 million in Chilean mayonnaise startup

Contxto – The Not Company is making headlines again. What’s different this time? Well, last time we covered them, Jeff...

March 1, 2019

On-demand shuttle startup makes South American debut in Brazil

Contxto – Nowadays, transportation apps aren’t only convenient but trendy, Via being no exception. With support from Daimler, the young...

February 28, 2019

Brazilian government allocates R$20 million for startups

Contxto – Calling all young startups operating in São Paulo – now is the time to propel projects to new...

February 26, 2019

Kviv Ventures invests R$5 million in Nutrebem to help combat childhood obesity

Contxto – Nutrebem, the school cafeteria payment system from Brazil, landed R$5 million (around US$1.33 million) from Kviv Ventures to...

February 23, 2019

LinkApi from Brazil lands R$5 million during seed round

Contxto – Houston, we have lift-off. Brazilian powerhouse LinkApi recently raised 5 million reals (approximately US$1.33 million) following preliminary investments...

February 21, 2019

BBVA Bancomer sponsors 10th generation of 500 Startups Latam

Contxto – Calling all founders – time to update your pitch decks and pick up some new business cards. The...

February 20, 2019

Paraguay purchases Argentine products with Bitcoins

Contxto – Who knew that US$7,100 worth of pesticides and fumigation products could be purchased with cryptocurrency? It sounds a...

February 19, 2019

Merqueo gets US$14 million in Series A investment round to revolutionize grocery shopping

Contxto – A budding online grocery startup from Colombia, Merqueo, just raised US$14 million during a Series A round with...

February 19, 2019