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Startups

EBANX becomes youngest Brazilian unicorn, expects to process US$2 billion in 2020

Contxto – One of Brazil’s youngest unicorns, QuintoAndar, just got a new sibling. This past week, Latin America’s largest economy...

October 16, 2019

SoftBank confirms upcoming investment for Mexican used car platform, Kavak

Contxto – Sometimes speculations turn into reality, made evident by SoftBank’s recent partnership with Kavak, Mexico’s leading used car platform....

October 15, 2019

Satellogic wins top honors at Korea-Lac Startup Pitch Day

Contxto – Like one of its nanosatellites hovering above the stratosphere, Satellogic sure has a global reach. After recently launching...

October 15, 2019

Uber to purchase majority stake in Cornershop for US$450 million

Contxto – While initially undisclosed, sources recently revealed that Uber’s acquisition of Cornershop could reach US$459 million via cash and...

October 15, 2019

Ripple and Coinbase invest in Mexican crypto-exchange, Bitso, plans Argentina and Brazil expansion

Contxto – As Latin American consumers further explore crypto possibilities, yet another startup has raised funding to launch abroad. Revealed...

October 14, 2019

Nubank secures 15 million customers in native Brazil

Contxto – Surfacing today within the startup ecosystem are the latest Nubank figures. According to founder and CEO David Vélez,...

October 14, 2019

iFood provides insurance and educational opportunities to delivery workforce

Contxto – Precarious work conditions for last-mile delivery personnel are causing startups to re-evaluate their models pertaining to employee benefits....

October 14, 2019

MiCheque raises US$500,000 to expand early payroll benefits for SMEs

Contxto – In today’s world, living paycheck to paycheck can sure be stressful, especially in Latin America where most receive...

October 14, 2019

Ayenda Rooms releases app to streamline hotel reservations in Colombia

Contxto – Finding low-cost accommodation in Colombia just got easier with Ayenda Rooms and its new app. Recently, the hospitality...

October 12, 2019

MonkeyLearn leverages machine learning for rapid text analysis

Contxto – If you are seeking a tech solution for rapid tech analysis, then MonkeyLearn could have your answer. Used by...

October 11, 2019