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Companies in Brazil are brewing a bidding war for Linx

Contxto – A bidding war may be brewing in Brazil. Almost a week ago, fintech Stone announced it would acquire...

August 17, 2020

Mexico's Quartux provides industry with reliable power, but isn't so sure about government dependability

Contxto – Beware of the duck. Among all the problems of the moment, this is one that the energy startup...

August 17, 2020

A dream comes true: Cornershop and Uber partner up with major retailer Cencosud

Contxto – Despite the uncertainty surrounding Cornershop's corporate governance, nothing seems to be stopping the company from achieving what it...

August 14, 2020

Stone buys Linx for ~US$1.1 billion. If who controls the hardware controls the world, will regulators allow it?

Contxto – In a 90 percent cash, 10 percent equity deal, Brazilian Stone is allegedly acquiring Linx, a software company...

August 12, 2020

Lending fintech SuperSim obtains US$5.5M debt round

Contxto – It is nothing new to say Brazil's financial inclusion is still flawed. SuperSim, a microlending fintech startup from...

August 12, 2020

Mexico finally to renew license revision process for fintech law

Contxto – After what's likely felt like eons in startup time, it appears that the National Banking and Securities Commission...

August 10, 2020

Brazil's Magazine Luiza to compete with Amazon and Mercado Libre for ad revenue

Contxto – One Brazilian company is venturing into new territory. Last Thursday (6), Magazine Luiza—a major Brazilian retailer—bought Canaltech (a...

August 10, 2020

Creze announces US$12 million investment to boost lending platform

Contxto – Fintech Creze announced it recently closed MXN$265 million (~US$12 million) with unnamed Mexican investors. The funds will serve...

August 10, 2020

Oico raises US$1.5 million to rebuild construction materials market, enters Y Combinator

Contxto – Where there's a disjointed industry, there's a business opportunity. And for Brazilian entrepreneurs, Pedro Dellagnelo and Pedro Rocha,...

August 7, 2020

Tauros and Visa join forces to launch debit card with crypto cashbacks, Dash remains commercial partner

Contxto – Cryptocurrency startup, Tauros is rolling out a product that's likely to draw ub plenty of crypto-enthusiasts in Mexico....

August 7, 2020