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Mexican Challenger Bank Fondeadora Wraps Up Us$2.5 Million Investment

Mexican challenger bank Fondeadora wraps up US$2.5 million investment

Contxto – IGNIA Partners, LW Investment Management, and angel investors are placing their bets on Mexican challenger bank, Fondeadora, through...

December 6, 2019

Brazil Colombia Mexico Peru Scaleups Spain Venture Capital
Colombian Mywak Will Expand To Peru And Spain To Help Dog-owners Care For Their Canine Companions

Colombian Mywak will expand to Peru and Spain to help dog-owners care for their canine companions

Contxto – Colombian dog-walking marketplace, Mywak had a solid 2019. It reported a 43 percent growth rate within the last...

December 5, 2019

Argentina Mexico News Technology
Mercado Pago Will Debut Financial Services In Mexico Following Success In Argentina

Mercado Pago will debut financial services in Mexico following success in Argentina

Contxto – The quest to supply financial services to unbanked Latin Americans continues as Mercado Libre’s fintech branch, Mercado Pago,...

December 5, 2019

Deals Mexico News
Mercado Credito Receives Biggest-ever Loan To Fintech In Mexico From Goldman Sachs—us$125 Million

Mercado Credito receives biggest-ever loan to fintech in Mexico from Goldman Sachs—US$125 million

Contxto – My-oh-me, fresh out the oven is a hot loan worth US$125 million from the Goldman Sachs to fintech...

December 3, 2019

Deals Mexico News Startups Technology Venture Capital
Mexican Fintech Konfío Closes Us$100 Million Series D Led By Softbank To Boost Support For Smes

Mexican fintech Konfío closes US$100 million Series D led by SoftBank to boost support for SMEs

Contxto – Good things come in pairs, or so they say. Most likely, the Mexican fintech Konfío can concur. If...

December 3, 2019

Mexico News Startups Technology
Market Analysis Platform Atlantia Search Raises Undisclosed Bridge Round Led By Redwood Ventures

Market analysis platform Atlantia Search raises undisclosed bridge round led by Redwood Ventures

Contxto – International market research wonk Atlantia Search from Mexico City recently wrapped up an undisclosed bridge round led by...

December 2, 2019

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Inter-american Development Bank Will Use Us$600,000 To Help Small Mexican Farmers Through Blockchain

Inter-American Development Bank will use US$600,000 to help small Mexican farmers through blockchain

Contxto – The Inter-American Development Bank (IDB) announced that US$600,000 are tagged to finance small agriculture farmers in Chiapas using...

November 29, 2019

Brazil Cryptocurrencies Mexico News
Mexican Weex Wallet Is Now Mibo And The Neobank Competition Is Heating Up

Mexican weex wallet is now Mibo and the neobank competition is heating up

Contxto – If you can’t stand the heat, get out of the kitchen. Or in the case of Mexican neobank,...

November 29, 2019

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Nestlé And Angel Ventures Are Hungry For Foodtech, Launch Us$100 Million Fund

Nestlé and Angel Ventures are hungry for foodtech, launch US$100 million fund

Contxto – Chile, Colombia, Peru, and Mexico aspire to be a fearsome foursome for their entrepreneurs through their regional trade...

November 28, 2019

Brazil Chile Colombia Mexico News Peru Startups Uruguay
Food Delivery Startups Saving The Day For The Needy And The Heroes

Rappi 101: A quick review of how the last-minute delivery app got to where it is

Contxto – Pay no heed to what seems to be Rappi’s trudge through the murky waters of controversy. On a...

November 28, 2019